Notable positive moves dominate the German DAX index within a bullish path, as we expected touching the required official station at 14,060, to record its highest price of 14,060 during early trading for the current session. We tend to be positive in our trading, depending on the positive motive coming …
Read More »German DAX Starts on Positive Side
The current movements of the German DAX index are witnessing a bullish tendency after finding a good support floor near 13,800. On the technical side today, and with the index continuing to get a positive stimulus from the 50-day moving average, in addition to the positive signs coming from the …
Read More »German DAX Retest Broken Support
The intraday movements of the German DAX index are witnessing a slight bullish tendency, after finding good support floor near the psychological barrier 13,500. We tend to be negative, depending on the stability of trading without the previously broken support, which turned into a resistance level at 13,720, which was …
Read More »German DAX Retest the Resistance
The current movements of the German DAX index are witnessing a slightly bullish bias, benefiting intraday from building on the support level of 13,350. On the technical side, the 50-day moving average is trying to push the price to the upside. Nevertheless, we tend to be negative, depending on the …
Read More »German DAX Based on Support
The German DAX index suffered heavy losses during the previous session, after confirming the breach of the strong support level at 13,800. On the technical side, the negative pressure coming from the 50-day moving average is accompanied by the stability of the RSI indicator below the middle line. This increases …
Read More »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 …
Read More »German DAX Gives up Gains
The German DAX index declined to record strong losses, recording its lowest levels at 13,586. On the technical side, with the index’s failure to maintain trading above the support level of 13,800, which is now converted into a resistance level, this comes in conjunction with the negative pressure of the …
Read More »German DAX Maintain Bullish Bias
The technical outlook remains unchanged, and the index’s movements did not change significantly, preserving positive stability. On the technical side, the 50-day moving average is still holding the price from below, and we find the RSI indicator providing signs that tend to be positive. Therefore, the bullish bias is likely …
Read More »German DAX Looking For Extra Momentum
The German DAX index succeeded in touching the first official target mentioned in the previous analysis, located at 14,000, to record its highest level at 14,010 during the morning period of the current session. On the technical side, the 50-day moving average is still holding the price from below, and …
Read More »German DAX Maintains Positivity
The technical outlook remains unchanged, and the movements of the German DAX index did not change significantly, preserving the positive stability. Technically, with trading above the support level of 13,850, accompanied by the index getting a positive motive from the 50-day simple moving average. Consequently, the bullish scenario remains valid …
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