{"id":35073,"date":"2020-10-07T11:29:51","date_gmt":"2020-10-07T07:29:51","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=35073"},"modified":"2020-10-07T11:29:53","modified_gmt":"2020-10-07T07:29:53","slug":"german-dax-losing-momentum","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/german-dax-losing-momentum\/10\/07\/tech-analysis\/","title":{"rendered":"German Dax Losing Momentum"},"content":{"rendered":"\n<p>The German DAX was able to apply the bullish scenario as we expected, surpassing the initial target to be achieved 12895\/12890, shy of few points from the second goal 12965, recording its highest at 12947.<\/p>\n\n\n\n<p>Technically, the current movements of the index may witness a slight bearish tendency due to the loss of momentum, and we biased to negatively trades, but with the condition of confirming a break of 12840, which will facilitate the mission of visiting 12770, noting that breaking the latter puts the price under negative pressure, so we will be waiting for 12665.<\/p>\n\n\n\n<p>On the other hand, rising and stabilizing above 12960 is able to negate the bearish intraday scenario and lead the pair towards gains at 13050 then 13150.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>S1:\u00a0<strong><strong>12770<\/strong><\/strong><\/strong><\/td><td><strong>R1: <strong><strong>12960 \u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/td><\/tr><tr><td><strong>S2:<\/strong>\u00a0<strong><strong><strong>12665\u00a0\u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/td><td><strong>R2:<\/strong>\u00a0<strong><strong><strong>13050\u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/td><\/tr><tr><td><strong>S3:\u00a0<strong><strong>12580\u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/td><td><strong>R3: <strong><strong>13150\u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The German DAX was able to apply the bullish scenario as we expected, surpassing the initial target to be achieved 12895\/12890, shy of few points from the second goal 12965, recording its highest at 12947. Technically, the current movements of the index may witness a slight bearish tendency due to the loss of momentum, and &hellip;<\/p>\n","protected":false},"author":9,"featured_media":35082,"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":[7222,7224,7227],"class_list":["post-35073","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis","tag-analysis","tag-dax","tag-technical"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35073","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=35073"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35073\/revisions"}],"predecessor-version":[{"id":35083,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35073\/revisions\/35083"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/35082"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=35073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=35073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=35073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}