Hello traders and welcome to the 02-10-2018 Dax analysis. If you missed the webinar this morning, then watch the summary video below. You can catch the webinar around 7am UK time most mornings. The webinars are recorded for premium members. Today we spent some time discussing the terminology surround market profile and volume profiles. At the end of the webinar, after the recording finished, I spent some time configuring my scanners for DAX, FTSE, DOW and EuroStoxx.  

02-10-2018 Dax Key Levels

DAX KEY LEVELS
  Futures CFD
POC * 12320 12316
Value Area High 12342 12346
Value Area Low 12294 12303
VWAP 12309 12320
R2 12426 12437
S2 12170 12180
Pivot 12298 12308
Camarilla Breakout (Bull) 12371 12382
Camarilla Breakout (Bear) 12231 12240

02-10-2018 Dax Related News

 

Germany’s financial regulator is worried about aggressive lending by banks and might require them to build extra capital reserves to guard against a property boom getting out of hand, Handelsblatt reported on Sunday. The Nord Stream 2 gas pipeline is important to secure German energy supplies and Russia is a safe and reliable provider, Thomas Bareiss, Germany’s state secretary for energy, said. Germany’s Fresenius SE won a rare court ruling allowing the healthcare group to walk away from its $4.75 billion takeover of Akorn Inc , sparking a more than 50 percent fall in the U.S. generic drugmaker’s shares. 

The image of the United States has deteriorated further among its traditional allies after a year in which President Donald Trump ratcheted up his verbal attacks on countries like Canada and Germany, a leading survey showed. Bleary-eyed leaders of Germany’s coalition parties emerged in the small hours of Tuesday morning to say they had agreed on a way of cutting pollution in cities while avoiding unpopular driving bans. When Nadia Hassani left Germany after winning a U.S. green card in a lottery 21 years ago, she never dreamed a U.S. president would accuse the programme of bringing in terrorists – as Donald Trump did last year.

02-10-2018 DAX Futures & CFD Video

 

02-10-2018 Dax Constituent Snapshot

Economic Calendar

Here are some of the main events today: