Positive moves dominated the German DAX index within the bullish path, as we expected it approached with a difference of a few points of the target to be achieved during the previous session, 13365, posting a high of 13340. On the technical side, the intraday movements of the index are …
Read More »Dax Consolidates Gains
Positive trading dominated the movements of the German DAX index, touching the first target to be achieved during the last analysis at 13310, recording its highest level of 13327. On the technical side, we will maintain our positive outlook, relying on trading stability above the previously breached resistance level converted …
Read More »Dax Continues to Add Points
The German DAX index succeeded in achieving the second target of the previous analysis, which is located at 13290, posting a high of 13306. On the technical side, and with the index’s success in stabilizing intraday above 13080, in general above the solid support floor published during the previous analysis …
Read More »German Dax Above Support
German DAX maintains the bullish bias. Technically, we tend to maintain the negative outlook, provided that 13170 is confirmed, which enhances the chances of a rise towards 13220 as a first target, followed by 13290, based on the index’s success in building on the support floor of 13045/13040 with the …
Read More »German Dax, Virtually Unchanged
The technical outlook remains unchanged, as the German DAX maintains positive side. Technically speaking, the index managed to build a base on support floor of 13035/13030, which was accompanied by the positive motive of the 50-day moving average. It encourages us to maintain our positive view, as long as the …
Read More »German Dax Stable Above Support
The German DAX maintains the bullish trend within a gradual rise to the upside, with a long point difference of 13225 target, reaching a high of 13205. Technically, with the index being able to build on the support floor 13030/13035, which was accompanied by a positive stimulus for the 50-day …
Read More »German Dax Repeat Chances of a Bullish Run
Germany’s DAX index tended to trading negative but still maintaining a positive stability above 13040. Technically, with the success of the index in building on the mentioned support floor, with the positive motive of the 50-day moving average. It encourages us to maintain the positive expectations, provided that the break …
Read More »Germany’s Dax Continues to Post Gains
The German DAX is trading on the positive side, surpassing yesterday’s goal at 13230, reaching a high of 13270. Technically, price anchoring above previously breached resistance in addition to the positive catalyst from the simple moving averages that continue to hold the price. This encourages us to maintain the positive …
Read More »German DAX Begins The Week on The Rise
The German DAX index continues achieving gains within the expected bullish path, touching the first target mentioned in the previous analysis at 13140, posting high at 13132. Technically, we tend to be positive, depending on the price building on the pivotal support floor 12920, targeting 13230 as a first target, …
Read More »DAX Reiterating Chances of Intraday Bullishness
The German DAX index declined, to reach a low of 12930 in the previous session. Technically, we are intraday positive, with the index gaining bullish momentum on short time frames, with intraday trading stabilizing above the support level of 12910 and the most important 12860. Therefore, confirming the breach of …
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