At present, there is optimism that the discussions between the United States and China this week will somewhat alleviate the conflict, marketers said. China plans to send a negotiating delegation to Washington soon. “There is a good chance that US President Donald Trump would like to find a compromise with China before the midterm elections in November.
Investors are also waiting for Thursday’s Federal Reserve Conference and statements about the future monetary policy.
The speech of the President of the US Federal Reserve, Jerome Powell, on Friday is eagerly awaited. iT’S UNLIKELY THAT HE WILL announce anything groundbreaking.
Confidence has returned to the German stock market on Monday and the picture brightened up again after three losing weeks in a row.
However, there is a great danger that this will only be a temporary respite within the downward trend.
21-08-2018 Dax Video
21-08-2018 Dax Key Levels
| KEY LEVELS (MINI DAX) | |
| POC * | 12326 |
| Value Area High | 12353 |
| Value Area Low | 12317 |
| VWAP | 12324 |
| R2 | 12443 |
| S2 | 12163 |
| Pivot | 12303 |
| Camarilla Breakout (Bull) | 12387 |
| Camarilla Breakout (Bear) | 12233 |
