Germany stocks were lower after the close on Friday, as losses in the Financial Services, Telecoms and Consumer & Cyclical sectors led shares lower.
At the close in Frankfurt, the DAX lost 0.65%, while the MDAX index declined 0.55%, and the TecDAX index lost 1.11%.
From the overview of price we could see that price has made a pullback after hitting the resistance zone to the support zone between 15876 and 15782. We could see that price is below and retesting the 50 EMA which is also in confluence with the support zone.. The RSI and MACD are above the centreline which indicates price to be in the bullish trend.
From the overview of price in GBPAUD we could see that the overall trend is bullish. Price seems to be reacting to the resistance level between 1.89683 and 1.88921and is most likely to make a reversal to the support level between 1.86421 and 1.85673 and the upward trendline. The RSI seems to be in the overbought region signify a possible reversal of price .
From the chat overview we could see that the price of BTC is bearish. We could see that price is reacting to the resistance level between 42252 and 40093 and is likely to make a reversal to the upside, most likely around 47713 area. The RSI is already in the oversold region and about to push to the upside and the MACD crossover below the centreline is about to occur which also signifies a new trend to the upside.
Alternatively, we could see price break the resistance zone and head down to the next resistance zone between 32351 and 29987.