At the end of the shortened trading week, the DAX starts higher in early trade. Yesterday the CFDs opened at 10495, reaching a high of 10544 a low of 10402 and closed at 10428. The general stock market slump is attributed to ongoing worries about the worldwide...
03-01-2019 DAX 30 Technical Analysis || News A reduction of Apple’s forecast depresses the mood on the stock exchange in Germany. The Dax was expected to start significantly lower in trading, according to calculations by banks and brokerage houses on Thursday....
The DAX 30 remains bearish below 10680. There is still a significant slowdown in China’s growth momentum, showing how necessary an agreement was in the trade dispute with the US. There is also the partial budget shutdown in the USA which can have some knock on...
Europe traded sharply in the red for much of yesterday before a sharp recovery during the US session. DAX slid to a 2-year low after the Christmas break, continuing the successive lower lows and lower highs. The trend defining level is currently 10680. This is likely...
Dax Overview The DAX is technically bearish below 10683, which is the high printed on 20th December. However, the 10488 low on the same day has not been broken and the 10497 low from the 21st December appears to be a failed lower low. This would indicate a...
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