09-11-2018 German DAX 30 Market Summary

09-11-2018 German DAX 30 Market Summary

Morning traders and welcome to the German DAX 30 Market Summary. The DAX finished up around 1.2% lower yesterday after a pretty bearish day which failed to take out the previous day’s high AND broke and closed below the previous day’s low. That leaves the...
06-11-2018 Dax

06-11-2018 Dax

Morning traders. A bit of a mixed bag for me yesterday, we had a really nice FTSE trade which hit target, but were left disappointed with three small DAX stop losses. Overall it could have been worse, so we’ll draw a line under it and move on.  To find out more...
05-11-2018 Key Levels & Technical Analysis

05-11-2018 Key Levels & Technical Analysis

European futures pointed to a mixed open today as traders digested the results of the most recent European Banking Authority (EBA) stress tests for banks. In the UK British banking giants Barclays and Lloyds had the lowest capital ratio, according to the EBA analysis....
02-11-2018 Key Levels

02-11-2018 Key Levels

The DAX continues its current bullish reaction wave. However the German stock index remains inside an intact downtrend. 11846 is the current major trend defining key level. Beyond that, there is the more significant downsloping high-to-high trend line (see below)...
01-11-2018 Key Levels

01-11-2018 Key Levels

October brought investors considerable price losses. The smoldering US-China trade conflict, the controversy over the Italian budget and speculation about faster than previously expected interest rate hikes in the US has palmed investors off. There were also some...