Dax Technical Analysis 02/11/2015
Hello traders! No report today, I am in Worthing and won’t be back in time to complete one. back […]
2015
Dax Technical Analysis 14/09/2015
We posted a bullish candle last week on the Dax, closing above the 10,000 level and we even attempted to break inside of the bearish trend channel on the weekly chart piercing through from the udnerside and making a high of around 10,500 however we closed below the channel suggesting a rejection.
Dax Technical Analysis 08/09/2015
We are at an interesting juncture right now with the Dax threatening to test the upper range bound after a strong early morning rally. The reason for the rally is likely the release of some decent eurozone numbers; year over year growth increasing 1.5% which is a big number.
28/08/2015 Dax Trader away until Monday
Hello traders! I am away on Friday for a music festival and will not be back until Tuesday […]
Relative Strength Analysis Can Guide You in Forex Trading
The relative strength analysis is a type of technical report that can be used by forex brokers and investors to make the best course of action in forex trading.
A Timeline of Finland’s Currency System
As it is now, Finland’s currency system seems stable regardless of having undergone a series of impediments in the process. We take a break from the technical analysis to explore a brief history of Finland's currency system.
Dax Technical Analysis 28/07/2015
Strong bearish day today. Five consecutive bearish candles have contributed to around a 700 point decline in the last week. We have crashed through and closed beneath an important fib zone, but still above the psychological 11,000. Bulls need some help.
Dax Technical Analysis 15/07/2015
I suspect that in the short/medium term, especially over the remaining summer months, we can expect to see further downside and consolidation as liquidity dries up, traders take time off with their families and friends (those they have left) and the market gets a little boring, but overall in the longer term we can still follow this underlying trend to the upside. So as a swing trader, I am looking for opportunities to buy.
Dax Technical Analysis 04/06/2015
German 10 yr yields are pressing firmly on the Dax at the moment, it seems the deflation risk is waning and Eurozone is close to growing. So this is a big sign of a potential change in risk trends and weighing on equities.