The rally in the markets continues, despite the latest data on the development of the economy from this morning’s economic calendar. The momentum is still strong right now and we have witnessed the break above 392. So there is a risk of a bull trap up here and...
The DAX has managed to pierce the 11392 high from early February, but the market is currently rejecting higher prices. ECB’s Praet has hinted that rates will remain unchanged throughout the summer. If this turns out to be true, then bullish conditions could...
The DAX is attempting to break the 382 high which we saw back at the beginning of February. Higher prices were rejected at the beginning of the month and we could see on the volume profiles that there was a lot of volume traded up there. This may provide some...
15-02-2019 Dax Technical Analysis The DAX is looking to test the high from early February and one scenario to look out for is breaking through that high to test the major highs from earlier in the year. We’ve managed to get to the current price 11195 at the time...
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