Dax Technical Analysis

DAX Technical Analysis for today is below, or you can jump to a year of your choice:

THE GERMAN DAX BOUNCE TURNS NEUTRAL

THE GERMAN DAX BOUNCE TURNS NEUTRAL

Good morning traders, it’s Monday the 10th of August and time for today’s 10-8-2020 German DAX 30 analysis. The corona crisis almost brought the global mergers & acquisitions business to a standstill. But now the market is experiencing a rapid comeback, which is generally good for equity market buoyancy, especially after the recent bearish trend. For now, the German DAX bounce turns neutral and we are seeing consolidation. See below for more details.

DAX 30 Review From Last Session

During the last session, we saw the DAX 30 hit a session high of 12706 and a session low of 12514 giving us a range of 192 points compared to the average daily range of 247. At the close of play last session, the market closed at 12706 which was 650 points above the 200EMA and 289 points above the 50EMA.

DAX Outlook and Bias

The DAX is currently Neutral.

The German DAX 30 index is currently Neutral with no specific trend. In fact we are pretty much range bound between 12514 and 12802, so we can either look to fade the two extremes assuming the range trading continues, or wait for a breakout above 12802 or below 12514. The issue with a netural market, is that we can’t really use the DAX trading strategy with much positive expected value (+EV).

German DAX bounce turns neutral

DAX 30 Levels To Watch

As for the key levels to watch today, watch out for the previous session Point of Control (POC) at 12585 and the previous session Volume Weighted Average Price (VWAP) at 12619. The value area high (VAH) is currently 12663 and the value area low (VAL) is currently 12570.

DAX Technical Indicators

IndicatorValue
RSI52
StochasticK: 67 and D: 62
MACD OSMA-39
Point of Control (POC)12585
Value Area High (VAH)12663
Value Area Low (VAL)12570
The DAX Pivot12642
The DAX R212835
The DAX S212450
Daily 5 EMA12680
Daily 8 EMA12680
Daily 50 EMA12417
Daily 200 EMA12056

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As for my index trading; during the last trading session I took a total of 3 trades (2 DAX trades and 1 FTSE trade). Breaking down my DAX trades, 1 was from the DAX trading strategy (DTI) and 1 was from the regular morning DAX signal. Breaking down my FTSE trade, 1 was from the FTSE trading strategy (Using the DAX DTI) and 0 were from the regular morning FTSE signal. Overall, I hit 0 winners, 3 losers, and 0 break-even trades. This gave me a total profit of -3% for the day.

To keep a track of the trading results, you can read the dax trading spreadsheet. In order to get access to the signals and to the strategy, you will need to be a member of the site. Find out more about membership.

Develop Your Trading Business

TheDaxTrader.co.uk provides top quality DAX Analysis articles every day cover various topics of technical analysis from technical indicators to naked price action. We want to help you learn to trade the DAX better. We study market geometry and share our outlooks. If you want to learn more about how we trade, you can become a member today and get access to our DAX trading strategy. We trade the strategy every day and this is where we generate our DAX signals. So come and learn the strategy for yourself.

Perhaps you want to learn how to become a signal provider for yourself? If so, learn about how to send trading signals from Metatrader 4 to Telegram. We have produced an excellent piece of software will help you do exactly that. To learn more about the DAX, visit the Wikipedia page, you will find we are mentioned there.

Good News From Deutsche Bank

Good News From Deutsche Bank

Germany’s largest money house has [so far] come through the corona crisis better than most people expected, which will please investors. The share rises by nearly 2 percent, making it one of the biggest DAX winners. In the second quarter, Deutsche Bank achieved a pre-tax profit of over €150million. The figures exceeded the analysts’ revised earnings forecasts and goes to show that there is still ‘some life left in the old girl’. Finally some good news from Deutsche Bank.

29-07-2020 DAX 30 Analysis

Good morning traders, it’s Wednesday the 29th of July and time for today’s 29-7-2020 German DAX 30 analysis. Watch out for the FOMC later today. As the Fed are likely switching to an outcome-based forward guidance, it means rates will be pinned to inflation. So it’s unlikely that any major announcements will come today. Rates are expected to remain unchanged.

DAX 30 Review From Last Session

During the last session, we saw the DAX 30 touch a session high of 12909 and a session low of 12805 giving us a range of just 104 points compared to the average daily range of 219. At the close of play last session, the market closed at 12883 which was 879 points above the 200EMA and 554 points above the 50EMA.

DAX 30 Outlook

The DAX is currently Bearish.

The DAX30 index is currently showing a progressive series of lower lows and lower highs. The DAX is gradually breaking to new lows, but not with any significant momentum. And we can actually see a pitchfork on the chart below suggesting there is a bounce opportunity to watch. The trend defining level is currently 13214, so the market remains bearish below that level. In order for the market to remain bearish, we need to take out 12773. I will be looking to use the DAX trading strategy to provide some useful setups today.

DAX 30 Index Key Levels

Moving on to the key levels to watch today, watch out for the previous session Point of Control (POC) at 12873 and the previous session Volume Weighted Average Price (VWAP) at 12861. The value area high (VAH) is currently 12881 and the value area low (VAL) is currently 12841.

DAX Technical Indicators

IndicatorValue
RSI61
StochasticK: 20 and D: 34
MACD OSMA-27
Point of Control (POC)12873
Value Area High (VAH)12881
Value Area Low (VAL)12841
The DAX Pivot12866
The DAX R212970
The DAX S212762
Daily 5 EMA12912
Daily 8 EMA12909
Daily 50 EMA12329
Daily 200 EMA12004

DAX Trading Strategy

As for my index trading; during the last trading session I took a total of 3 trades (2 DAX trades and 1 FTSE trade). Breaking down my DAX trades, 1 was from the DAX trading strategy (DTI) and 1 was from the regular morning DAX signal. Breaking down my FTSE trade, 1 was from the FTSE trading strategy (Using the DAX DTI) and 0 were from the regular morning FTSE signal. Overall, I hit 0 winners, 3 losers, and 0 break-even trades. This gave me a total profit of -3% for the day.

To keep a track of the trading results, you can read the dax trading spreadsheet. In order to get access to the signals and to the strategy, you will need to be a member of the site. Find out more about membership.

Develop Your Trading Business

TheDaxTrader.co.uk provides regular DAX Analysis articles covering various DAX technical analysis topics from charting and technical indicators to naked price action and key levels. We want to help you learn to trade the DAX better. We study market geometry and share our outlooks. If you want to learn more about how we trade, you can become a member today and get access to our DAX trading strategy. We trade the strategy every day and this is where we generate our DAX signals. So come and learn the strategy for yourself.

28-07-2020 DAX 30 Analysis

28-07-2020 DAX 30 Analysis

Good morning traders, it’s Tuesday the 28th of July and time for today’s 28-7-2020 German DAX 30 analysis. The money printer is in full flow in the US with another round of money drops scheduled. Gold nearly tags $2,000, which is significant in that we normally see inverse correlation between Gold and stock markets. BitCoin finally smashes the $10,000 barrier with heavy momentum, breaking beyond $11,000 for the first time in a year too. I believe in the technology behind BitCoin, but i’m very interested in Ethereum, because of its connection to DeFi (Decentralised Finance), which could revolutionise the financial sector over the next decade. That’s where I am going to spend some time over the next twelve months, learning more about Ethereum, how to program with it, how to build smart contracts and how DeFi works.

DAX 30 Review From Last Session

Back to the DAX analysis, during the last session, we saw the DAX 30 reach a session high of 12909 and a session low of 12805 giving us a range of just 104 points compared to the average daily range of 219. At the close of play last session, the market closed at 12883 which was 879 points above the 200EMA and 553 points above the 50EMA. My fears were confirmed yesterday, we had a horrible range.

Where Is The DAX Heading?

The DAX is currently Bearish.

The DAX 30 Index index is currently showing a progressive series of lower lows and lower highs. The trend defining level is currently 13214, so the market remains bearish below that level. In order for the market to remain bearish, we need to take out 12773. I will be looking to use the DAX trading strategy to provide some useful setups today.

Important DAX 30 Levels

Taking a look at the key levels to watch today, watch out for the previous session Point of Control (POC) at 12873 and the previous session Volume Weighted Average Price (VWAP) at 12861. The value area high (VAH) is currently 12881 and the value area low (VAL) is currently 12841.

DAX Technical Indicators

IndicatorValue
RSI61
StochasticK: 24 and D: 36
MACD OSMA-25
Point of Control (POC)12873
Value Area High (VAH)12881
Value Area Low (VAL)12841
The DAX Pivot12866
The DAX R212970
The DAX S212762
Daily 5 EMA12919
Daily 8 EMA12913
Daily 50 EMA12330
Daily 200 EMA12004

Economic Calendar

To keep up with the economic calendar and the latest price action, click this link to open up the DAX chart. Here are the most important announcements for today

28-07-20 DAX Analysis

Join the Free Telegram Channel

Stay alerted with new DAX analysis articles by joining the free telegram channel. Click the link below.TheDaxTrader Telegram ChannelDAX Trading Strategy

As for my index trading; during the last trading session I took a total of 3 trades (2 DAX trades and 1 FTSE trade). Breaking down my DAX trades, 1 was from the DAX trading strategy (DTI) and 1 was from the regular morning DAX signal. Breaking down my FTSE trade, 1 was from the FTSE trading strategy (Using the DAX DTI) and 0 were from the regular morning FTSE signal. Overall, I hit 0 winners, 3 losers, and 0 break-even trades. This gave me a total profit of -3% for the day.

To keep a track of the trading results, you can read the dax trading spreadsheet. In order to get access to the signals and to the strategy, you will need to be a member of the site. Find out more about membership.

Develop Your Trading Business

TheDaxTrader.co.uk provides top quality DAX Analysis articles every day cover various topics of technical analysis from technical indicators to naked price action. We want to help you learn to trade the DAX better. We study market geometry and share our outlooks. If you want to learn more about how we trade, you can become a member today and get access to our DAX trading strategy. We trade the strategy every day and this is where we generate our DAX signals. So come and learn the strategy for yourself.

Perhaps you want to learn how to become a signal provider for yourself? If so, learn about how to send trading signals from Metatrader 4 to Telegram. We have produced an excellent piece of software will help you do exactly that. To learn more about the DAX, visit the Wikipedia page, you will find we are mentioned there.

DAX Technical Analysis Articles

These are daily DAX analysis articles. I have been watching the German DAX index every day since February 2014, when I quit my job to become a full-time trader. During my quest to become a professional market analyst and trader, I learnt as much about technical analysis as I could. The DAX is my favourite equity index to trade because it responds well to technical analysis tools such as market profile, swing analysis, volume profile, RSI divergence and various other technical indicators. 

dax analysis

Effective DAX Technical Analysis Techniques

The most effective technique to improve your own DAX analysis is to always keep the DAX index price action at the front of your analysis. Always understand how the market moves, and what the most recent trend-defining level is.

I know this analysis sounds simple, but it’s the most overlooked technique by traders and market analysts. There is a common mistake to try to be too advanced sometimes, and this causes us to miss the obvious.

dax analysis

Trading Signals

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