The German DAX index surged during the previous session, surpassing the official target at 15,910, recording its highest level of 15,948. Technically, the daily trend is bullish due to the stability of intraday trading above the 15,830 support level, accompanied by the positive motive for the 50-day moving average and …
Read More »German Dax Starts Positively
The German DAX index witnessed positive trading within the expected bullish path, touching the first target at 15,780 and approaching the second target of 15,860, recording the highest of 15,840. Technically, we find the 50-day moving average that supports the rise, in addition to the positive signals coming from the …
Read More »German Dax Benefits Building on Support
The support levels published during the previous analysis, represented by our required target of 15,480, were able to limit the bearish bias, which forced the German DAX to trade positively, benefiting from touching our awaited target. Technically, we find the 50-day moving average that supports the rise, in addition to …
Read More »German DAX Finds Selling Pressure
The German DAX index is trading with clear negativity after the resistance level of 15,690 formed a substantial obstacle that forced it to trade negatively and is now hovering around its lowest level during the session at 15,560. On the technical side, the negative pressure coming from the simple moving …
Read More »German Dax Maintains Bullish Trend
The German DAX index managed to achieve noticeable gains within the bullish context, as we expected, surpassing the second target that is required to be achieved 15730, recording the highest price of 15780. On the technical side today, and with careful consideration of the 60-minute time frame, we find the …
Read More »German Dax Starts Positively
The German DAX index managed to build on the support level 15,500 to start its daily trading with an upward bias and hovering around its highest level during the morning trading session around 15,640. Technically, we may witness a bullish bias in the coming hours, based on the positive signs …
Read More »German Dax Starts Negative
The German DAX index found a strong resistance level around 15590, which forced it to trade negatively from retesting the 15و470 support level and hovering around this level with the opening of the first weekly sessions. Technically, we notice the clear negative signs on Stochastic, which started to lose the …
Read More »Dax is Experiencing Negative Pressure
The German DAX index hit the pivotal resistance level published during the last analysis, represented by our official target during the previous report at 15,550, recording its highest level at 15,550, trading with negativity during the current session. Technically, we are inclined to the negativity, relying on the stability of …
Read More »The DAX is Gradually Rising
Positive attempts witnessed the movements of the German DAX index, recording its highest level at 15,510. Today’s technical aspect indicates the possibility of a bullish bias in the coming hours, depending on the stability of the intraday trading above the support level of 15,450 and in general above 15,400, in …
Read More »Dax Looking For Bullish Momentum
The German DAX index continues to rise after finding a good support level around 15,370, to record its highest level during the previous trading session of 15,550. Today’s technical aspect indicates the possibility of a bullish bias in the coming hours, depending on trading above the published support above, in …
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