EURO STOXX 50 is trading down 3.86% at 3781.60
Russian forces invaded Ukraine by land, air and sea on Thursday, confirming the worst fears of the West with the biggest attack by one state against another in Europe since World War Two.
Russian missiles rained down on Ukrainian cities. Ukraine reported columns of troops pouring across its borders into the eastern Chernihiv, Kharkiv and Luhansk regions, and landing by sea at the port cities of Odessa and Mariupol in the south.
Explosions could be heard before dawn in the capital Kyiv. Gunfire rattled, sirens blared across the city and the highway out became choked with traffic as residents tried to flee.
Ukraine’s President Volodymyr Zelenskiy said Kremlin leader Vladimir Putin’s aim was to destroy his state.
“Putin has just launched a full-scale invasion of Ukraine. Peaceful Ukrainian cities are under strikes,” Ukrainian Foreign Minister Dmytro Kuleba said on Twitter (NYSE:TWTR).
“This is a war of aggression. Ukraine will defend itself and will win. The world can and must stop Putin. The time to act is now.”
EU foreign affairs chief Josep Borrell said: “These are among the darkest hours of Europe since the Second World War.”
A resident of Ukraine’s second largest city Kharkiv, the closest big city to the Russian border, said windows in apartment blocks were shaking from constant blasts.
On technical fronts EURO STOXX 50 RSI stood at 26.11 and currently it is trading below all MA. So, SELL position can be taken with following target and stoploss:
TRADE SIGNAL – : EURO STOXX 50 – SELL: 3774.00, TARGET: 3759.00, STOP LOSS : 3782.00