Dax Technical Analysis 22/12/2016

Dax Technical Analysis 22/12/2016

Hello traders! As we draw the week to a close, I suspect the market will begin to tail off and slow down. I think that volume will fall and the market will just move sideways. I am struggling to see any reason why the market will make any crazy moves right now because...
Dax Technical Analysis 21/12/2016

Dax Technical Analysis 21/12/2016

Good morning traders! Yesterday we closed out at the highest level since Aug 10th 2015 and the Dax continues to defy gravity and progress higher, still battling through the various resistance levels. We have closed above the 11430 level, we have closed above the daily...
Dax Technical Analysis 21/12/2016

Dax Technical Analysis 20/12/2016

No report today, I had some life laundry to take care of today in the build up to Christmas, so there was no time to complete the article. I have decided to continue writing over the Christmas period, rather than take the two weeks off, so tomorrow I will be back as...
Dax Technical Analysis 19/12/2016

Dax Technical Analysis 19/12/2016

Good morning traders! During the last few trading days before Christmas, investors in Germany are expecting to see further price gains on the Dax whilst it continues to benefit from the hope that the new US president will trigger an economic boom in the US. On Friday...

Dax Technical Analysis 16/12/2016

(This article was actually typed at around 9am, but I must have closed the laptop lid, before it finished uploading/publishing) Good morning traders! The Bullish trend on the Dax remains dynamic, and there are currently no signs of a stronger profit-taking scenario or...
Dax Technical Analysis 15/12/2016

Dax Technical Analysis 15/12/2016

Hello traders! The Dax has started positively in the trade and wants only in one direction: upwards. But today may not be worth trading, just while the market digests the FOMC. Janet Yellens’ decision to raise the benchmark interest rate was eagerly awaited and...