Dax Technical Analysis 13/06/2016

Dax Technical Analysis 13/06/2016

Good morning traders! We finished last week off with a very heavy looking bearish candle after shedding 300 points and printing one of the biggest losing days of the year so far. A lot of this movement can be attributed to the uncertainty surrounding Brexit. Are...
Dax Technical Analysis 10/06/2016

Dax Technical Analysis 10/06/2016

Good morning traders! Strong bearish day yesterday as we lost yet more ground and closed under 10100 for the first time since breaking out towards the end of May, once again we find ourselves underneath the daily 200 EMA. Various reasons have been found such as...
Dax Technical Analysis 09/06/2016

Dax Technical Analysis 09/06/2016

[wp_ad_camp_1] Good morning traders Last night the Dax closed down 45 points on the day at around 10223 as it gave back some of the gains from Tuesday. The evening session produced little excitement as we began to coil up into a tight range and I expect us to...
Dax Technical Analysis 08/06/2016

Dax Technical Analysis 08/06/2016

Good morning traders! Despite a tentative day on Monday, we had a great day yesterday as price broke and closed above 10250. With little high impact news releases this week, we have good conditions for a trend to continue. Yesterday we managed to take out the daily R4...
Dax Technical Analysis 07/06/2016

Dax Technical Analysis 07/06/2016

Hello traders! We have liftoff! Dax is rallying hard and has just taken out 10300 (at the time of writing). The signs were bullish this morning when we gapped higher and burst through the range of yesterday with pretty strong momentum. My subscribers received a number...
Dax Technical Analysis 06/06/2016

Dax Technical Analysis 06/06/2016

Good morning traders! We had a bearish week last week after shedding over 260 points, in part caused by the renewed Brexit fears and Goldman Sachs have joined multiple multiple banks in stating their bearish bias on equities. We had some high impact news events...