Positive movements are trying to control the German DAX index, taking advantage of the intraday stability above the support floor of 15,880. On the technical side, we tend to the limited positivity, but with great caution, relying on the attempts of the RSI to obtain positive signs and stabilize trading …
Read More »German DAX Retests Support 13/1/2022
The German DAX index managed to touch the first target published during the previous analysis, at 16,050, to record its highest level of 16,065. The current movements of the index are witnessing a decline as a result of hitting the resistance level 16,065 represented in the previous target, as we …
Read More »Germany’s DAX Makes Remarkable Gains 12/1/2022
The German DAX index achieved noticeable gains within the bullish path published in the last report, recording its highest level at 15,995. Technically, we tend to be positive, but cautiously, relying on the stability of the 14-day momentum indicator above the 50 mid-line, in addition to the index’s success in …
Read More »European Shares Rebound Led By Tech Rally
Major European stock indexes closed higher on Tuesday, ending a three-day losing streak, as tech shares rebounded and as investors welcomed upbeat corporate updates.Delivery Hero jumped 5% after saying it expects its food delivery business to break even during the second half of 2022 as demand has soared since the …
Read More »German Dax is Trying in The Positive Direction 10/1/2022
The German DAX index starts its first weekly move on an upward slope after it managed to build on the support of 15,850, to reach its highest level at 16,050. On the technical side, today we tend to the positivity, but with caution, relying on the positive motive of the …
Read More »German Dax Presses Support 7/1/2022
Negative trading dominated the movements of the German DAX index after it found a strong resistance level around 16,140, which forced it to trade negatively again and hover around its lowest level during the early trading of the current session 15,970. On the technical side, the bearish bias may be …
Read More »German Dax Achieves The Rising Goals 5/1/2022
The German DAX index managed to touch the official bullish target required to be achieved during the last report at 16185, recording its highest level at 16,188. On the technical side, and carefully looking at the 60-minute chart, we tend to be positive, but very cautiously, relying on the price’s …
Read More »German Dax Gets Positive Signals 4/1/2022
The German DAX index started today’s trading session with a noticeable positivity, recording its highest level during today’s morning trading around 16,056. Technically, the daily trend tends to the upside as a result of the DAX getting a positive stimulus from the 50-day moving average, in addition to the positive …
Read More »German Dax is Facing Negative Pressure 14/12/2021
The German DAX index managed to achieve the second official target required to be touched during the previous trading session, at 15,780, to record its highest level of 15,793. On the technical side, today, the index hit the strong resistance level, which forced it to trade negatively. With a closer …
Read More »German Dax is Looking For Extra Momentum 13/12/2021
Positive trading dominated the movements of the German DAX index on the Frankfurt Stock Exchange, trying to build on a 15,450 support level to record its highest level at 15,686. On the technical side, the indicator needs more additional momentum to continue rising, and we notice that the RSI is …
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