Home / Technical Analysis / Daily Technical Analysis / German DAX Based on Support
DAX, Stocks, Europe, Technical analysis

German DAX Based on Support

Positive trading dominated the German DAX index after it succeeded in building on the support floor of 13,580.

Technically, we tend to be positive in our trading, relying on trading stability and stability above 13,800 accompanied by positive signs of the RSI, in addition to stochastic attempts to obtain additional momentum.

Breaking through 13,920 opens the way directly to visit 14,000/14,010 as a first target and gains may extend to a visit of 14,120.

The suggested bullish scenario depends on the intraday trading remaining above 13,800.

Note: The risk level may be high today.

S1: 13665R1: 14005
S2: 13455    R2: 14130   
S3: 13330   R3: 14340   

Check Also

Oil tries to renew chances of rising 3/10/2024

Crude oil prices experienced mixed trading with a positive tendency, reaching a peak at $72.45 …