Tag Archives: dax

The German DAX index found a strong resistance level represented by our target yesterday at the price of 15,660, which forced it to trade negatively once it hit it, to witness the current moves with a bearish bias around the lowest level during the session 15,608. On the technical side, …

Positive trades dominated the German DAX index after maintaining trading above the support level of 15,430, stable around its highest level of around 15,585. Technically, we tend to be positive, but cautiously, relying on the positive crossover signals on Stochastic, in addition to the positive motive of the 50-day moving …

The German DAX index managed to retest the resistance level at 15,360, the first target, recording the highest 15371. On the technical side, the current movements of the index are witnessing negative pressure as a result of trading stability below 15,340, and most importantly, 15,360, in addition to the negative …

Negative trading dominated the German DAX index, recording its lowest level during the previous trading session, around 14,966. Technically, the current moves are witnessing a slight bullish slope that aims to gather the price to retest the 15,360 level before resuming the decline again. RSI supports the aforementioned bullish corrective …

The current movements of the German DAX index are witnessing an upward trend, benefiting from stability above the 15,630 support level. On the technical side, we tend to the positivity, relying on stability above the mentioned support and the RSI’s attempts to obtain bullish momentum above the 50 mid-line. Therefore, …

The German DAX index touched our bearish targets at 15,645, heading towards the second target of 15,610. Technically, the current moves are witnessing a slight bullish slope. We see that the index is trading above the 15,620 support level, accompanied by stochastic attempts to eliminate the present negativity. Therefore, the …

The current movements of the German DAX index are witnessing a bearish tendency after it failed to stabilize above the 15,750 resistance level. Technically, today we tend to the negativity, relying on the negative pressure coming from the simple moving average that continues to pressure the price and RSI below …

The German DAX index relied on the solid support level located at 15,600, forcing it to rebound to the upside again to retest the 15,780 level. On the technical side, the current movements of the indicator are witnessing a bullish slope accompanied by the attempts of the 50-day moving average …

The German DAX index continues to trade negatively after hitting the resistance level 15,700, unable to breach it so far, to retest the 15,550 level. On the daily technical side, we tend to the negative with caution, relying on trading below the previously broken support-into-resistance 15,650, in addition to the …

The German DAX index achieved the official bearish target of 15,520 to record its lowest level at 15,447. On the technical side, the 50-day moving average still constitutes an obstacle to the index, in addition to stabilizing trading below the 15,650 resistance level. Therefore, we tend to be negative, but …