Positive trades dominated the movements of the German DAX index to record its highest level during the previous trading session at 15,285. On the technical side today, we notice that intraday trading tends to be positive due to the index’s bullish momentum from the RSI and the stability of the …
Read More »German Dax Touches The First Target
The German DAX index succeeded in touching the first bearish target required to be achieved during the previous report, which is located at the price of 14980, recording its lowest level at 14990. Today, we tend to continue falling, relying on the stability of trading below 15200, in addition to …
Read More »Europe’s stocks fall as inflation concerns accumulate
European stocks fell as investors’ concerns about rising energy prices and events in China are building up. Stock indexes have been dragged lower in choppy trading in recent weeks. Frankfurt’s DAX was 0.3% lower, underperforming other European indexes. Germany’s ZEW survey of economic sentiment weakened for the fifth straight month …
Read More »German Dax Hits Resistance
The German DAX index continues to incur losses after hitting a strong resistance level at 15,223, which forced it to move negatively and stable around the lowest level of 15,115. On the technical side, we tend to the negativity, relying on the stability of trading below the mentioned resistance level …
Read More »German Dax Hits Resistance
The movements of the German DAX index witnessed a bearish tendency as a result of hitting the resistance level 15,240, which forced the index to trade negatively again, stable around its lowest level during the session at 15,200. Technically, and with careful consideration on the short time frames, we notice …
Read More »German Dax Starts With a Positive Moment
The German DAX index touched the awaited target during the last trading session at 14,980, to record its lowest price of 14,988. On the technical side today, by looking at the 60-minute chart, we notice the 50-day moving average trying to push the price to the upside, in addition to …
Read More »German Dax Crawling Downwards
Negative trading continues to dominate the movements of the German DAX index within the expected bearish context during the previous analysis, heading to approach a few points from the first target, 14,980, recording its lowest level at 14,990. On the technical side, we are inclined to the negativity, relying on …
Read More »German Dax Continues to Decline
Negative trading dominates the German DAX index movements, settling around the lowest level during today’s trading session at 15,080. Technically, and with the stability of trading below support-into-resistance 15280 level, accompanied by the negative pressure of the simple moving averages. This increases the possibility that we will witness a downward …
Read More »Germany’s DAX Suffers Big Losses
The German DAX index declined significantly, recording heavy losses during the trading session of the last session, reaching its lowest level at 15,090 during the morning session of today’s session. Technically, we notice the continuation of the negative pressure coming from the 50-day moving average, which continues to pressure the …
Read More »German Dax Looking For Signals
Mixed trading dominates the movements of the German DAX index, trying to repeat the chances of the bullish attack to the upside, recording its highest price of 15,698. On the technical side today, and by looking at the 60-minute chart, we notice the RSI’s attempts to gain bullish momentum, in …
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