{"id":34935,"date":"2020-10-05T13:40:09","date_gmt":"2020-10-05T09:40:09","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=34935"},"modified":"2020-10-05T13:47:44","modified_gmt":"2020-10-05T09:47:44","slug":"dax-tries-to-rise","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/dax-tries-to-rise\/10\/05\/tech-analysis\/","title":{"rendered":"DAX Tries to Rise"},"content":{"rendered":"\n<p>Positive moves dominate the DAX index, to record its highest-level during morning trading for the current session at 12785.<\/p>\n\n\n\n<p>Technically, looking at the 60-minute chart, we see that the RSI is stable above the Midline with a positive motive of the 50-days moving average.<\/p>\n\n\n\n<p>We believe that we are witnessing a bullish bias on short time frames, with an initial target of 12810 followed by 12870.<\/p>\n\n\n\n<p>On the downside, trading below 12675 negates attempts to rise, and we may witness a bearish bias targeting 12630. Warning: The level of risk may be high.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>S1:\u00a0<strong>12700<\/strong>\u00a0\u00a0<\/strong><\/td><td><strong>R1: <strong>12765<\/strong>\u00a0\u00a0<\/strong><\/td><\/tr><tr><td><strong>S2:<\/strong>\u00a0<strong><strong>12675<\/strong><\/strong><\/td><td><strong>R2:<\/strong>\u00a0<strong><strong>12810<\/strong>\u00a0\u00a0\u00a0<\/strong><\/td><\/tr><tr><td><strong>S3:\u00a0<strong>12630<\/strong>\u00a0\u00a0\u00a0<\/strong><\/td><td><strong>R3: <strong>12870\u00a0\u00a0\u00a0<\/strong>\u00a0<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Positive moves dominate the DAX index, to record its highest-level during morning trading for the current session at 12785. Technically, looking at the 60-minute chart, we see that the RSI is stable above the Midline with a positive motive of the 50-days moving average. We believe that we are witnessing a bullish bias on short &hellip;<\/p>\n","protected":false},"author":9,"featured_media":34936,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42,41],"tags":[7224,6861],"class_list":["post-34935","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis","tag-dax","tag-index"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=34935"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34935\/revisions"}],"predecessor-version":[{"id":34941,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34935\/revisions\/34941"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/34936"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=34935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=34935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=34935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}