The current movements of the German DAX index are witnessing positive trading and the index is hovering around its highest level of 15,700. On the technical side, and with the index’s success in building support floor at 15,630 and in general above 15,570, which is accompanied by the continuation of …
Read More »DAX Under Selling Pressure
Mixed trading tends to negatively dominate the movements of the German DAX traded on the Frankfurt Stock Exchange, with the current moves witnessing a bearish tendency as a result of the index’s failure to maintain trading above 15680. We may witness a bearish bias in the coming hours as the …
Read More »DAX Loses Bullish Momentum
The German DAX index managed to touch the target published in the previous analysis, at 15695, recording its highest level at 15,692. Today, with a closer look at the 60-minute chart, signs of negativity started appearing on Stochastic, gradually losing the bullish momentum, and this comes in conjunction with the …
Read More »The German Dax Continues to Rising
Positive trading continues to dominate the German DAX index, recording its highest level at 15,694. On the technical side, we tend to the positivity in our trading, relying on the stability of trading above the 15,445 support floor, accompanied by the positive motive coming from the 50-day moving average, coinciding …
Read More »The German Dax Tends to be Negative
The German DAX index succeeded in touching the first target published during the previous analysis, at 15,640, recording its highest level at 15,650. On the technical side today, there is a conflict between the stochastic attempts to obtain positive crossover signals, and the negative pressure coming from the simple moving …
Read More »German Dax Establishes a Decent Support Ground
Positive trading continues to dominate the movements of the German DAX index within the expected bullish path, heading towards its first target 15,610, recording its highest level 15,618. Technically, we will maintain our positive outlook, relying on the stability of trading above the 15,540 support level, accompanied by the continuation …
Read More »German DAX Maintains Bullish Stability
The German DAX index managed to touch the first target that is required to be achieved during the previous technical report, located at the price of 15,595, to record its highest level at 15,611. Today’s technical aspect indicates the possibility of continuing the rise, relying on the stability of the …
Read More »German Dax Settled Support Floor
The German DAX index came close to achieving our first target published during the previous analysis, located at 15,675, to settle for recording its highest level at 15,654. Technically, we still tend to be positive, but cautiously, relying on the stability of the intraday trading above the support floor of …
Read More »German Dax Settled Support Floor
The German DAX index found a strong resistance level around 15,640, which we mentioned during the previous analysis as a basic and important condition for the continuation of the rise. On the technical side today, and carefully looking at the 60-minute chart, we find that the index is stable above …
Read More »German Dax Returns to The Bullish Rebound
Positive trading re-dominated the movements of the German DAX index, recording its highest level during the early trading of the current session at 15,637. On the technical side, by looking at the 60-minute chart, we find that the RSI continues to defend the bullish trend within attempts to obtain bullish …
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