Negative trading dominated the German DAX index during the previous session, recording its lowest price at 15,613. On the technical side today, the bearish trend still dominates the indicator, and the simple moving averages still support the bearish trend of prices. With intraday trading stability below the resistance level of …
Read More »German Dax Facing Negative Pressure
Negative trades dominated the movements of the German DAX, touching the first target of 15,810 and approaching by a few points from the second target 15,770, to post a low of 15,799. On the technical side, we tend to be negative, but cautiously, relying on the stability of the intraday …
Read More »German Dax Starts Negative
Mixed trading dominates the movements of the German DAX index, to start its daily trading on a descending price gap, recording its lowest price of 15,850. On the technical side today, and with a careful look at the 60-minute chart, we find the 50-day moving average pressing the price from …
Read More »German Dax Rebounding And Positivity Has Conditions
The bullish slant dominated the movements of the German DAX index within the expected bullish path during the previous analysis, touching the first target at 15,990 and approaching by a few points from the 2nd at 16,060, recording a high of 16,030. On the technical side, the pair’s pivoting above …
Read More »Dax Faces a Support Retest Scenario
Positive trading dominated the movements of the German DAX index, reaching its highest level during the early trading of the current session at 15,940. On the technical side, today, we are inclined to the positivity based on the positive signals coming from the RSI, accompanied by the positive motive of …
Read More »DAX is Negative And Waiting For Pending Orders
The movements of the German DAX index witnessed a bearish tendency, recording its lowest level during the previous trading session 15698. On the technical side today, there is a conflict between the negativity of the simple moving averages, the positive RSI attempts, and the stability of the intraday trading above …
Read More »German Dax Pressing Support
The German DAX failed to confirm breaching the pivotal resistance level published during the previous analysis, located at 15,790, which we explained as an essential and fundamental condition for continuing the rise to force the index to trade negatively again. Technically, and with a closer look at the 60-minute chart, …
Read More »German DAX Makes Notable Gains
The German DAX index jumped as we expected, exceeding the first official target required to be touched during the previous analysis, which is located at 15,750, recording its highest level of 15,790. Technically, we tend to continue rising, relying on the positive impulse of the simple moving averages, in addition …
Read More »German Dax: Positivity Looking For Confirmation
The German DAX index found a solid support floor around the support level published during the previous analysis, located at 15,440, which we mentioned as being the key to protecting the bullish trend. On the technical side, we are inclined to the positivity based on the positive signals coming from …
Read More »German Dax Breaks Support
The German DAX index incurred heavy losses in the last session, touching the stop-loss order published in the previous analysis at 15,445, recording its lowest level at 15,286. On the technical side, the index broke the support-into-resistance level of 15,540, with the negative pressure of the 50-day moving average. It …
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