The German DAX maintains positive stability after succeeding in establishing a decent support floor above 13,220 and generally above 13,190. On the technical side, we tend to be positive in our trading, relying on the index’s anchorage above the 13,220 support floor, which is accompanied by the positive stimulus of …
Read More »German Dax Continues to Hit Targets
The German DAX index succeeded in achieving the target required mentioned in the previous report, located at a price of 13,420, reaching its highest level at 13,453. On the technical side, we tend to be positive in our trading, relying on the index above the support floor of 13,245, which …
Read More »German Dax Faces a Positive Scenario
Positive Moves is still dominating the movements of the German DAX index. On the technical side, we tend to be positive, depending on trading remaining above the strong support at 13,220, in addition to the positive motive coming from the 50-day moving average. The first target is located around 13,320/13,340, …
Read More »German DAX Tests Support
The German DAX maintains its gains during morning trading. On the technical side, we tend to be positive, depending on trading remaining above the strong support level at 13,160, in addition to the positive stimulus coming from the 50-day moving average. The first target is located around 13,320/13,340, and the …
Read More »Germany’s DAX Based on Support
The German DAX started its first weekly trading with a bullish bias after it succeeded in building a base on the pivotal support floor located at 13,220. On the technical side, we tend to be positive, depending on the stability of trading above the mentioned support, in addition to the …
Read More »Dax Faces Negative Pressure
Negative trades dominate the movements of German Dax, where it found a strong resistance level near 13,320. Technically speaking, by looking at the 60-minute chart, we find the RSI indicator began to gradually lose the bullish momentum accompanied by the stability of trading below 13,280. Consequently, we may witness a …
Read More »Dax to Re-test Support
The movements of the German DAX index witnessed a slight bearish bias during the previous trading session, finding a good support floor around 13,250. Technically, the simple moving averages are still trying to push the price higher on the 4-hour time frame with positive signals from RSI on the short …
Read More »Dax Turns Away From Support
The German DAX index achieved noticeable gains as we expected, touching the target at 13,410 and a peak at 13,430.Technically, with the index being able to build on a support floor of 13,330, in general, above a strong support floor of 13,220, with the 50-day moving average in support of …
Read More »Germany’s Dax Extends Gains
The German DAX index posted noticeable gains within the expected bullish path, touching the second target to be achieved, mentioned in the previous analysis, at 13,420, recording a peak at 13,441. Technically, with the index being able to build on a support floor of 13,260, in general above strong support …
Read More »German DAX Starts The Week on The Positive Side
The German DAX Index opened its first weekly trading with a bullish bias, heading to touch the first official goal mentioned in the previous analysis at 13,340, to post its highest level during the morning session at 13,361. On the technical side, and with the index’s success in retesting the …
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