Dax Analysis

The German DAX today breaks below 13,200 on news that the US president Trump has been impeached in the House of Representatives. This impeachment was perhaps to be expected, however, it is highly unlikely that he will also be impeached in the Senate. So for me, the...

The DAX has been bullish since the 10th of December with a progressive series of higher highs and higher lows. The current trend defining level would be the low from Thursday. On Friday, we saw a strong impulse wave on open, which continued for the majority of the...

https://www.youtube.com/watch?v=ZVZ6DUDi1mc

DAX Technical Analysis After a quiet session on the market yesterday, the DAX ended in the red. The market was trading in a 55 point range from most of the session until the mid-afternoon. I can see now that the price has managed to find its way down to the ignition...

The German DAX 30 index is struggling to break above 13,185 which is the previous high from Thursday. In order for the market to remain bullish, we need to see a break above that level very soon. If the market breaks this level, then the target will be in the region...

We have important data releases today. Earlier we saw the industrial production numbers from Germany. This gives a clue about how the manufacturing sector started in Q4. A forming trough in leading indicators such as IFO and PMI suggest the worst of the German...

The main factor driving markets is still the US-China trade talks. This ongoing debate is becoming a chore but continues to cause rising volatility thanks to conflicting signals from the US. Trade officials were quoted saying "US and China was moving closer to a phase...

Keep an eye on German politics, particular whether we should expect the SPD to pull support for the coalition government at the party congress next weekend. But today is thin in the way of economic releases so more focus will be on the US decision to target other...

Good morning traders. The DAX gaps highers this morning with a strong intention to break Friday's high, which keeps the overall bias bullish for now. The daily EMAs are all stacked correctly with the 5>8, the 8>50 and the 50>200, which you can see on the daily DAX...

Good morning folks and welcome to the 28-11-2019 DAX Analysis article. You will find the charts and DAX analysis webinar recording below. It's Thanksgiving today, so I will take the opportunity to thank you all for supporting the site and the channels. Thank you to...

For more detailed analysis, view the video at the bottom of the article and join the webinars in the morning. Today's DAX analysis article leads out with a pitchfork on the 60-minute chart below. The pitchfork is an up-sloper which includes the 50% quartile (dashed)...

Take a look at the blue highlighted zone that I have drawn on the 60-minute chart below. I am featuring this zone on today’s DAX analysis because of the number of touches it has had. The zone I marked out is an area between 13,250 to 13,285. Whilst this zone has had...