DAX BROKE THE TREND DEFINING LOW

DAX BROKE THE TREND DEFINING LOW

The DAX broke the trend defining low on Friday. We talked about how the DAX retracement continues, but it took out the previous level indicating the bullish momentum has ended, temporarily. The market will be lead by economic releases and COVID-19 updates this week....
The DAX Retracement Continues

The DAX Retracement Continues

Good morning traders, it’s Friday the 14th of August and time for today’s 14-8-2020 German DAX 30 analysis. The German DAX retracement continues this morning, breaking down towards the target I discussed yesterday (what is the DAX...
What Is The DAX Retracement Target?

What Is The DAX Retracement Target?

Good morning traders, it’s Thursday the 13th of August and time for today’s 13-8-2020 German DAX 30 analysis. After a strong rally yesterday, trades are asking “what is the retracement target today?” One way you can find that is to plot the...
DAX REjects 13,000 After Strong Rally

DAX REjects 13,000 After Strong Rally

Good morning traders, it’s Wednesday the 12th of August and time for today’s 12-8-2020 German DAX 30 analysis. During the last session, the DAX rejects 13,000 after a strong rally. We saw a session high of 13049 and a...
German ZEW IS Expected To Show Continued Recovery

German ZEW IS Expected To Show Continued Recovery

The German ZEW is expected to show continued recovery after staging a quick rebound in recent months and I’m expecting the German ZEW to show a continued recovery in economic activity in August. That will be today’s market highlight, so check your economic...