Dax Technical Analysis 29/04/2015

Good morning traders! Reviewing the major stories, the Greek economy states the country are near to an agreement with lenders, despite the difficulties. Greece will likely remain part of the Eurozone. But yesterday we saw nearly all of the gains from Monday wiped out...

Technical Analysis 28/04/2015

[info]Remember to join the mailing list on the right[/info] Good morning Traders! Plenty of German press reports today suggested that Greece has amended its reforms list and is expected to present it at the Eurozone meeting on Wednesday. It was also reported that...

Dax Technical Analysis 27/04/2015

Hello traders! And there it is, the Dax is on its way back up past 12k and it now seems fairly likely that we can build higher from here. The positions we entered from Friday and Thursday are looking like they will hit the targets and life is good again. It is...

Dax Technical Analysis 23/04/2015

Good morning Traders! Another bearish candle yesterday and we are trapped, once again inside the large trading range from the end of March. 11500 is the trend defining level at the moment, a break below this could signal a drop to 11k but I expect to see a lot of...

Dax Technical Analysis 23/04/2015

Hello Traders! It looks likely that we are going to retest the lows of late either make it a triple bottom and build higher or break through and continue the correction. 11600 is the key level to watch and I am currently long with a stop under there. Whilst I am...

Dax Technical Analysis 22/04/2015

Good morning traders! Whilst we are still waiting for the major problem to happen, the tensions between Germany and Greece have intensified once again and Grexit fears are moving up another level now. It seems that every due payment to the lenders is...