DAX Rally Continues Despite PMI Numbers

DAX Rally Continues Despite PMI Numbers

Morning traders. The DAX rally continues despite PMI numbers failing to win many plaudits today. Check out the economic calendar for more details. The business activity in the German private sector grew at a slightly faster pace in March. This is according to a...
15-04-2019 Dax Technical Analysis

15-04-2019 Dax Technical Analysis

There was no article or video on Friday as I took the day off to celebrate my father’s birthday. He’s not been very well recently, so I decided to do that instead. Happy birthday Dad. Back to the DAX technical analysis, on Friday we saw the Dax pierce the...
11-04-2019 Dax Technical Analysis

11-04-2019 Dax Technical Analysis

The news wires are still constantly talking about Brexit. I have personally decided to avoid discussing the news in these articles. I’m sure you already know that Brexit has been delayed now, again, until October. Yesterday the market closed at around 50% of the range...
10-04-2019 Dax Technical Analysis

10-04-2019 Dax Technical Analysis

We found 11 866 as a low for yesterday on DAX futures, and a similar level this morning too. If we look at the daily chart I am noticing that we have bounced from the median line. So today I will be watching out for any reaction from the underside of 11 930. Dax...
09-04-2019 Dax Technical Analysis

09-04-2019 Dax Technical Analysis

Today we have already taken out the low of yesterday and have yet to challenge yesterday’s high. The closest key level to watch was 930 and we have already tagged that level and found support there this morning. We trade around 12,000 level at the time of writing but...