Dax Technical Analysis 22/08/2017

Dax Technical Analysis 22/08/2017

DAX Outlook This month has seen the price range between 11935 and 1233 (the range defining levels) and we need to break one or the other to begin a new trend. The last four days of price action have carved out a bearish trend channel. We are currently about to test...
Dax Technical Analysis 18/8/2017

Dax Technical Analysis 18/8/2017

Dax Outlook It seems the political uncertainty of a certain US president, first name Donald and his half-wit team were a significant contributor to the market activity yesterday, along with the horrific news from Barcelona. So there is definitely an opportunity for...
Dax Technical Analysis 17/08/2017

Dax Technical Analysis 17/08/2017

Hello traders! John completed a webinar with us this morning, so here’s the link to that: Dax Outlook Sell zone 300-340 or a more conservative zone 360-400 Buy zone 175-215 or a more conservative zone 140-180 We are currently trading inside a bullish channel and...
Dax Technical Analysis 16/08/2017

Dax Technical Analysis 16/08/2017

Good morning traders! Dax Outlook The bearish trend defining level of 12336 is under pressure as the price continues to rally higher on easing concerns regarding NK. Buyers remain in control for the moment but the price is approaching some strong resistance. There is...
Dax Technical Analysis 15/8/2017

Dax Technical Analysis 15/8/2017

Good morning traders! Dax Outlook We remain bearish below 12335 on the wider timeframe. Yesterday we had a mini ‘relief rally’ which was driven mainly by easing tensions in NK. We are still seeing a Gold rally and a move towards risk off sentiment which...