Positive trading continues to dominate the German DAX index, recording its highest level at 15,207. On the technical side, we tend to be positive, depending on the stability of trading above sub-support 15,120, and in general above the pivotal support floor 15,070, and we find the RSI indicator continues to …
Read More »Dax Maintains Bullish Path
The technical outlook remains unchanged, and the German DAX index did not witness much change, maintaining positive stability. On the technical side, today, we hold onto our positive outlook, relying on trading stability above the previously breached resistance 14,970, and in general above 14,870, in addition to the positive signs …
Read More »Germany’s Dax Maximizes Gains
The German DAX index was able to surpass the required official target at 14,995, to record its highest price at 15042. On the technical side, we hold onto our positive outlook, relying on trading stability above the previously breached resistance at 14,925 in addition to the positive signs coming from …
Read More »Dax Continues to Gain Ground
The German DAX index succeeded in achieving strong gains, surveying its highest level of 14,905, benefiting from building on the support floor of 14,795. On the technical side, today we are biased towards the positivity dependent on the positive motive of the 50-day moving average, in addition to the stability …
Read More »Dax Finds Support Floor
The German DAX index returned to trading positively again, after finding a strong support level near our third target mentioned in the previous analysis 14,410, to start the bullish rebound again. Technically, the index is based above 14,600, supported by the stochastic indicator. This increases the probability of continuing the …
Read More »Dax Continues to Hold Back
The German DAX index succeeded in achieving the negative outlook, as we expected, touching our target 14,530, recording its lowest price, 14,530. On the technical side today, we are continuing to suggest the bearish trend, relying on trading stability below the previously broken support 14,610/14,630, accompanied by negative pressure for …
Read More »German DAX Starts on Negative Side
The current movements of the German DAX index are witnessing a bearish bias, after finding a strong resistance level around 14,720. On the technical side, we are biased towards the negativity relying on the obvious negative crossover signals on Stochastic. Therefore, we target 14,530/14,520, and then 14,430 next stop. The …
Read More »German DAX Starts on Positive Side
The current movements of the German DAX index are witnessing a bullish tendency after it succeeded in establishing a good support floor near 14,580. On the technical side today, we tend to be positive, but cautiously depending on the index price remaining above the support level of 14,620, and in …
Read More »German DAX Breaks Support
The current movements of the German DAX index are witnessing a bearish tendency after it succeeded in breaching the support level of 14,700, which has now been converted into a resistance level. On the technical side, today we find the 50-day moving average is pressing the price from the top, …
Read More »German DAX Maintains Bullish Path
The German DAX index maintains positive stability, recording its highest level during early trading for the current session 14,561. Technically, we tend to be positive in our trades depending on the positive motive coming from the 50-day moving average, in addition to trading stability above the support level of 14,480 …
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