27-07-2018 Dax Technical Analysis

27-07-2018 Dax Technical Analysis

A key price driver was the result of the crisis meeting between US President Donald Trump and EU Commission President Jean-Claude Juncker the night before, when both sides had surprisingly agreed on a plan to settle the customs dispute. Trump and Juncker now want to start discussions on the complete abolition of tariffs on industrial goods. Possible tariffs on the importation of European cars in the US are therefore for the time being off the table. The auto stocks benefited from this, especially those of BMW with an increase of 4.42 percent and just behind Volkswagen (Volkswagen (VW) vz) with a premium of about 4 percent.

By contrast, the results of the most recent European Central Bank (ECB) meeting had only a minor impact on prices. After the ECB sticks to its gradual exit from ultra-loose monetary policy , but President Mario Draghi emphatically stressed that interest rates will remain at an extremely low level for a long time, the euro weakened.

27-07-2018 Dax Analysis

here

If you want to develop as a trader and adopt a professional mindset then you are at the right place. If you want to get excellent analysis and indications on the high probability setups, then come and join the DaxTrader community. We have a number of active members contributing towards the DaxTrader community with setups, charts and ideas. As a premium member you will have access to:

TheDaxTrader.co.uk Reviews

See what people are saying about DaxTrader.co.uk by visiting the TrustPilot page here:
https://uk.trustpilot.com/review/www.thedaxtrader.co.uk

The Chat Rooms

Participate in the various member’s chat room for Dax, Forex, Cryptocurrency, Algorithm Trading with charts and ideas, improve your own analysis and pick the brains of other experienced traders.

The Webinars & Webinar Library

We have some excellent content to share in the webinars to help you understand the strategies and tools used by Dax traders. These strategies and tools are incredibly effective on the DAX and quite easy to start to understand. They don’t require expensive software either. The experience available in the webinars is excellent with guest webinars weekly.

Live Trading Signals

When a trade opens on our account, we share the information directly to the signals channel. We provide information including the entry, the stop loss, the target and the date/time. Premium members get access to DAX, FTSE and occasionally S&P500.

Our software sends the signals directly to your phone using Telegram messenger and thanks to our engineering, the delay between us opening a trade and you receiving it to your phone, is around 0.6 seconds.

The Charts (live)

I broadcast my charts for the majority of the day, which you can access and see what we are working on. You can view the charts from a tablet or smartphone as well as a computer

FIND OUT MORE ABOUT MEMBERSHIP