Tag Archives: dax

We stayed on the fence during the previous report due to the conflicting technical signals, explaining that activating the short positions requires a clear and robust break of the 15,790 support level, which puts the price under negative pressure with the first target at 15,745, to record 15,584. Technically, with …

Mixed trading continues to dominate the movements of the German DAX index, confined between 15,790 and 15,910. On the technical side today, and with a careful look at the 60-minute chart, we find positive attempts by the RSI to gain bullish momentum. On the other hand, the 50-day moving average …

Due to the conflicting technical signals, we remained neutral during the previous session to witness the current movements of the German DAX index with an upward bias. On the technical side, trading today settled above the support level 15,760/15,750, accompanied by the index getting an incentive from the 50-day moving …

The current moves of the German DAX index are witnessing a bearish tendency after it hit the resistance level of 15,980 within a bearish slope that is close to retesting the support level of 15,750. On the technical side, there is a conflict between the technical signals, the stability of …

The German DAX index managed to achieve decent gains during the previous trading session, attacking the psychological barrier of 16,000. On the technical side, today’s movements are witnessing an upward bias on positive stimulus from the 50-day moving average, in addition to the stability of trading above 15,750. Therefore, we …

The German DAX index made positive attempts, benefiting from stability above the intraday support floor of 15,800. Technically, we tend to the positivity, relying on the stability of trading above the mentioned support, accompanied by the positive motive of the 50-day moving average. Therefore, the bullish bias is likely today, …

Negative trading dominated the movements of the German DAX index after it found a strong resistance around 15,930 to witness the current movement’s pressure on the 15,830 support level. On the technical side, the 50-day moving average pressures the price from the top, accompanied by the stability of the RSI …

The German DAX index recorded its highest level at 15,920, near the pivotal resistance level published in the previous analysis, at 15,930, which we indicated is an essential and fundamental condition for achieving more gains. On the technical side today, we tend in our trading to the positive, but cautiously, …

The German DAX index managed to touch the official target that is required to be achieved during the previous report, located at the price of 15,930, recording its highest level of 15,932. We tend in our trading to the positivity today, relying on the stability of the intraday trading above …

The German DAX index provided positive trades at the end of last week’s trading, benefiting from a base at the 15,645 support level. On the technical side today, we tend to the positive side, relying on the stability of the intraday trading above 15,740, accompanied by the attempts of the …