{"id":35151,"date":"2020-10-08T11:39:37","date_gmt":"2020-10-08T07:39:37","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=35151"},"modified":"2020-10-08T11:39:39","modified_gmt":"2020-10-08T07:39:39","slug":"dax-achieves-gains-with-a-bullish-bias","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/dax-achieves-gains-with-a-bullish-bias\/10\/08\/tech-analysis\/","title":{"rendered":"DAX Achieves Gains With a Bullish Bias"},"content":{"rendered":"\n<p>The German DAX index began to rise, posting a strong gain, reaching an intraday high at 12985.<\/p>\n\n\n\n<p>On the technical side, and looking at 60-minute chart, we find that the simple moving averages continue to hold the price along with positive signals from the RSI.<\/p>\n\n\n\n<p>Therefore, a bullish bias is likely today towards previous targets 13040 \/ 1.3030. From the downside, the return of trading below 12880 is able to negate the bullish scenario and put the price under negative pressure, targeting 127780. Warning: the risks are still high<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>S1:\u00a0<strong><strong><strong>12870<\/strong><\/strong><\/strong><\/strong><\/td><td><strong>R1: <strong><strong><strong>13035<\/strong><\/strong><\/strong><\/strong><\/td><\/tr><tr><td><strong>S2:<\/strong>\u00a0<strong><strong><strong><strong>12760\u00a0\u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/strong><\/td><td><strong>R2:<\/strong>\u00a0<strong><strong><strong><strong>13095\u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/strong><\/td><\/tr><tr><td><strong>S3:\u00a0<strong><strong><strong>12700\u00a0\u00a0\u00a0<\/strong>\u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/td><td><strong>R3: <strong><strong><strong>13210\u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The German DAX index began to rise, posting a strong gain, reaching an intraday high at 12985. On the technical side, and looking at 60-minute chart, we find that the simple moving averages continue to hold the price along with positive signals from the RSI. Therefore, a bullish bias is likely today towards previous targets &hellip;<\/p>\n","protected":false},"author":9,"featured_media":35154,"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-35151","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\/35151","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=35151"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35151\/revisions"}],"predecessor-version":[{"id":35155,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35151\/revisions\/35155"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/35154"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=35151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=35151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=35151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}