Tag Archives: dax

The German DAX index succeeded in achieving the expected negative outlook mentioned in the previous analysis, touching the official target located at 12330 with session low at 12328. Technically, we see that the index has benefited from the support floor represented by the target within positive attempts to stabilize momentarily …

The German DAX index declined significantly within the expected bearish path, surpassing the bearish target mentioned in the previous report at 12610 posting a low at 12520. Technically, we are biased towards the negativity, given that the index broke support-into-resistance 12720/12710 with the negative pressure of the simple moving averages. …

Negative trading is dominating the DAX, recording the lowest price at 12701. The technicals indicate the possibility of continuing the decline, with trading remaining below the previous broken support level 12880, and most important 12920, in addition to the index continuing to receive negative pressure from its simple moving averages. …

The German DAX managed to touch our first target at 12990, to return to trading negatively. The technical side indicates the possibility of continuing the decline, with trading remaining below the previously broken support level 12880 and the most important 12920, in addition to the index continuing to have negative …

The DAX is witnessing positive movements as the week begins with a bullish bias. Technically, the index stabilizes intraday above 12780, and most importantly 12740, with a positive motive from the 50-day moving average. We think that there is a chance for a bullish tendency to occur in the coming …

The DAX suffered strong losses during the previous trading session within the bearish path, as we expected yesterday, touching our target 12795, posting low of 12575. From a technical point of view, we find that the SMA continues to pressure the price from the top and support the downside. Consequently, …

Negative trading dominated the German DAX, recording the lowest level at 12935, near the support level mentioned in the previous analysis, 12925. Technically, we tend to negativity based on negative signs from the stochastic with negative pressure coming from the 50 day moving average. Therefore, the bearish bias will be …

The DAX declined significantly to negate the positive outlook, as we expected. We indicated in the previous report that trading below 13035 and the most important 12990 negates the bullish scenario and puts the price under negative pressure. Its initial targets are 12920, recording its lowest price, 19240, and compensating …

The positivity continues in German DAX index, remains within the bullish path and touches the first target expected in the previous analysis, 13155 posting high at 13161. Technically, we find the RSI tilted to the positive with the index stable above its 50-day moving average. We will maintain our positive …

The German DAX maintained its positive stability, a few points difference from the aforementioned target 13130, to hit a high of 131 120.  The index above 13030 and the most important 12995 enhances the chances of an upside, in addition positive motive from its simple moving averages. The bullish scenario …