Dax Technical Analysis 28/10/2016
Hello traders! The one chart that caught my attention today was the H1 chart. The bullish divergence is pretty strong and the candle formation suggests that the sell off from this morning is turning into a rejection. So whilst the 5 minute chart was shaping up to be...
Dax Technical Analysis 27/10/2016
Hello traders! Strange day on the markets today. Very strange. Perhaps because of it being earnings season with lots of announcements coming out today. I go away from the computer and come back and there’s been a 50 point move, come back again and it’s...
Dax Technical Analysis 26/10/2016
Hello traders! I am sure many DaxTraders have spotted the interesting candle formation on the daily chart which is signalling a reversal (or at least a pullback) to the downside. When you also take a look at the SnP500, USDJPY and the US Dollar Index, you can see some...
