Dax Technical Analysis

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

27-07-2020 DAX 30 Analysis

27-07-2020 DAX 30 Analysis

The German IFO index is undergoing a strong rebound from the lows in April but remained below pre-corona crisis levels in June. Today’s numbers will likely confirm whether the German recovery has gathered speed in July. The general consensus is that we will see continued improvement.

Covid-19 developments, central banking stimulus and continued fears about the developing China v US ‘cold war’ will set the tone on the markets this week. There are also some interesting economic releases with the Fed meeting on Wednesday as well as Q2 GDP figures in US (Thursday) and a range of European countries (Friday) that will reveal more about the economic fallout. Keep an eye on the Sino-American relations, because the tensions are escalating again as Beijing ordered the US to shut a consulate in a tit-for-tat retaliation

Republicans are expected to reveal their fresh proposals for stimulus today, rumoured to include direct cash payments of USD1200 per person and reduced federal unemployment benefits.

Good morning traders, it’s Monday the 27th of July and time for today’s 27-7-2020 German DAX 30 analysis.

During the last session, we saw the DAX 30 touch a session high of 13029 and a session low of 12773 giving us a range of 256 points compared to the average daily range of 222. At the close of play last session, the market closed at 12825 which was 830 points above the 200EMA and 519 points above the 50EMA. We actually broke below a key trend defining level, turning the market bearish.

What Is The DAX 30 Doing Today?

The DAX is currently Bearish.

The DAX 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. The main risk to the bearish trend is a sideways consolidation, which will produce many failed shorting setups.

DAX Levels To Watch

Moving on to the key levels to watch today, watch out for the previous session Point of Control (POC) at 12840 and the previous session Volume Weighted Average Price (VWAP) at 12863. The value area high (VAH) is currently 12889 and the value area low (VAL) is currently 12808.

DAX Technical Indicators

IndicatorValue
RSI62
StochasticK: 43 and D: 48
MACD OSMA-19
Point of Control (POC)12840
Value Area High (VAH)12889
Value Area Low (VAL)12808
The DAX Pivot12876
The DAX R213132
The DAX S212619
Daily 5 EMA12923
Daily 8 EMA12914
Daily 50 EMA12306
Daily 200 EMA11995

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.

economic calendar

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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 4 trades (3 DAX trades and 1 FTSE trade). Breaking down my DAX trades, 2 were from the DAX trading strategy (DTI) and 1 was from the regular morning DAX signal. Breaking down my FTSE trade, 0 were from the FTSE trading strategy (Using the DAX DTI) and 1 was from the regular morning FTSE signal. Overall, I hit 0 winners, 4 losers, and 0 break-even trades. This gave me a total profit of -4% 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 IS TURNING BEARISH?

DAX IS TURNING BEARISH?

Good morning traders, it’s Friday the 24th of July and time for today’s 24-7-2020 German DAX 30 analysis. It looks like the DAX is turning bearish and challenging its bullish trend defining levels. The European Parliament has criticised the EU recovery fund and made a number of demands suggesting that the recover package may require changes before gaining approval. They can not veto the package but have a binding say and are demanding a role in the governance of certain areas. So watch this space.

DAX 30 Review From Last Session

During the last session, we saw the DAX 30 tag a session high of 13197 and a session low of 13058 giving us a range of just 139 points compared to the average daily range of 225. At the close of play last session, the market closed at 13133 which was 1154 points above the 200EMA and 866 points above the 50EMA.

What Is The DAX 30 Doing Today?

The DAX is currently about to turn bearish.

The DAX30 Index index is currently showing a progressive series of higher highs and higher lows, but they are under threat as I write this article. The trend defining level is currently 12799, so the market remains bullish above that level, but looks set to break it turning the market technically bearish. In order for the market to remain bullish, we need to take out 13311. I will again be looking to use the DAX trading strategy to provide some useful setups today.

Important DAX 30 Levels

Moving over to the key levels to watch today, watch out for the previous session Point of Control (POC) at 13109 and the previous session Volume Weighted Average Price (VWAP) at 13117. The value area high (VAH) is currently 13130 and the value area low (VAL) is currently 13096.

DAX Technical Indicators

IndicatorValue
RSI70
StochasticK: 81 and D: 79
MACD OSMA23
Point of Control (POC)13109
Value Area High (VAH)13130
Value Area Low (VAL)13096
The DAX Pivot13129
The DAX R213268
The DAX S212991
Daily 5 EMA13067
Daily 8 EMA12991
Daily 50 EMA12267
Daily 200 EMA11979

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 6 trades (3 DAX trades and 3 FTSE trades). Breaking down my DAX trades, 1 was from the DAX trading strategy (DTI) and 2 were from the regular morning DAX signal. Breaking down my FTSE trades, 1 was from the FTSE trading strategy (Using the DAX DTI) and 2 were from the regular morning FTSE signal. Overall, I hit 2 winners, 3 losers, and 1 break-even trade. 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 RANGE-BOUND BETWEEN 13056 – 13195

DAX RANGE-BOUND BETWEEN 13056 – 13195

With Tuesday’s EU agreement and virus numbers being generally under control, Europe seems less of a problem for traders. Which is great for the DAX, perhaps we can see another rally after some consolidation. Therefore focus turns to the US, where Congress wants to magically produce another 800 quintillion dollars out of thin air (exaggeration), but they struggle to find common ground on a new stimulus package. I’m almost certain they will produce more dollars and keep interest rates at rock bottom. They have to. They don’t earn anywhere near enough tax receipts to cope with their day to day spending and they can’t afford the interest payments on all their new debt either. It’s a sorry state of affairs really, when you dig a little deeper and ignore what they tell the media. Bring on unlimited money printing and wave goodbye to the dollar? Only the future will show us how significant this money printing will be.

23-07-2020 DAX 30 Analysis

Good morning traders, it’s Thursday the 23rd of July and time for today’s 23-07-2020 German DAX 30 analysis. The DAX is currently rangebound between 13056 – 13195 after reaching its recent high. We talked yesterday in the article (https://thedaxtrader.co.uk/will-dax-reach-another-all-time-high/) about the DAX attempting to find a new all-time high. Perhaps that’s still a possibility. But right now, the market is digesting the most recent wave of its epic rally and will need to find a price that attracts more buyers, perhaps this will be lower levels from here. This comes down to understanding how the DAX moves.

DAX 30 Review From Last Session

During the last session, we saw the DAX 30 reach a session high of 13197 and a session low of 13058 giving us a range of just 139 points compared to the average daily range of 225. At the close of play last session, the market closed at 13133 which was 1154 points above the 200EMA and 866 points above the 50EMA.

DAX Outlook

The DAX is currently Bullish.

The German DAX 30 index is currently showing a progressive series of higher highs and higher lows. The trend defining level is currently 12799, so the market remains bullish above that level. In order for the market to remain bullish, we need to take out 13311. I will again be looking to use the DAX trading strategy to provide some useful setups today.. . We have a classical situation on the daily chart whereby the 5EMA is above the 8EMA, the 8EMA is also above the 50EMA and finally the 50EMA is above the 200EMA. That’s a very bullish market, the first sign of a turn could be when the 5EMA breaks below the 8EMA.

DAX Index Key Levels

Looking at the key levels to watch today, watch out for the previous session Point of Control (POC) at 13109 and the previous session Volume Weighted Average Price (VWAP) at 13117. The value area high (VAH) is currently 13130 and the value area low (VAL) is currently 13096.

DAX Technical Indicators

IndicatorValue
RSI70
StochasticK: 81 and D: 79
MACD OSMA23
Point of Control (POC)13109
Value Area High (VAH)13130
Value Area Low (VAL)13096
The DAX Pivot13129
The DAX R213268
The DAX S212991
Daily 5 EMA13067
Daily 8 EMA12991
Daily 50 EMA12267
Daily 200 EMA11979

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

Economic Calendar

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, 0 were from the FTSE trading strategy (Using the DAX DTI) and 1 was 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 -2.3% for the day (including a trade I closed around 8pm).

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.

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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