Dax Analysis

Good morning traders, it's Wednesday the 12th of February and time for today's German DAX 30 analysis. We see yet another record high as fears of the Coronavirus begin to soften. Today will likely tell us whether the rally continues - or comes to an abrupt end. What...

On Friday, we saw the DAX break, and close, below 13,000. that was the lowest closing level in over three months. However, the DAX is not giving up just yet. We saw a gap higher this morning. The market is targeting a return to the point of control 13097. Take a look...

The DAX would normally be expected to recover today, after hitting one of the lowest prices for the last three weeks. That's because it’s the end of the month and there will probably be plenty of short-covering to confirm P&Ls. However, there are still a lot of...

The downside momentum yesterday was strong on the DAX shedding over 300 points from the open and that's not including the gap. This is twice the average daily range and takes us below the value area low for January. This morning we saw an attempted bounce thwarted...

The DAX gapped lower this morning, down to the 13,400 handle and continued to sink further finding a low [at the time of writing] of 13,340. This zone is a pretty significant support zone and the market is asking the question "is there any more demand here?". If the...

The German DAX outlook for today looks set to be quiet calendar-wise, but central banks will take the spotlight this week with the ECB (on Thursday) and Bank of Japan (Tuesday). We will also know more about the status of the global recovery with the release of flash...

Yesterday's price action on the German DAX remained completely inside the range of the previous day. We traded in an 80 point range, which is less than half of the average daily range of 174. So we are winding up for a breakout soon and this means bad news for my...

Hello traders. The German DAX was prety quiet yesterday. The overnight high from the Asian session was never tested, the low from the initial balance was never tested. The trading session was contained within those levels and pretty much traded sideways. This meant...

Morning traders, we have a situation on the German DAX where the 13,550 is providing supply. We failed to break it on Friday a couple of times and this morning, during the Asian session, we failed again. It remains to be seen just how long that will be a resistance...

The most recent market distraction, the US-Iran tensions, are currently de-escalating which is great for the markets. However, it turns out that investigations are ongoing into whether Iran shot down that Ukranian aeroplane with a missile. So perhaps the next...

Morning traders. It was one way traffic for the German DAX yesterday with a strong, Bullish, impulse wave. The reason for the epic rally was the apparent calming of geo political tensions after Iran retaliated in an 'acceptable way'. Trump comes out and says Iran are...

Please excuse the delay in getting back into the DAX technical analysis articles and webinars. I have been unwell (horrible mega man-eating cold) recently. But i'm back! 08-01-2020 DAX Analysis - 60 minute Compared to Monday yesterday was quite quiet, eventually...