Dax Technical Analysis 05/12/2016

Dax Technical Analysis 05/12/2016

Good morning traders! The Austrian election and the Italian referendum have dominated headlines this weekend. Austria has rejected the possibility of the Eurozone getting its first far-right head of state, which would’ve been pretty bad in my opinion. Italy has...
Dax Technical Analysis 02/12/2016

Dax Technical Analysis 02/12/2016

Hello traders! This morning I brought a new server to the office. You know that you have become a grown up when you get excited about installing your own server in an office. It’s like I have regressed back to my childhood of building computers and comparing...
Dax Technical Analysis 01/12/2016

Dax Technical Analysis 01/12/2016

Hello traders! Oil rallying 10% was one of the main stories to come out yesterday as OPEC agreed to cut production by 1.2 million bpd, which will likely cascade and have a knock on effect in the markets. Italy are still on the fundamental agenda, with political...
Dax Technical Analysis 24/11/2016

Dax Technical Analysis 24/11/2016

Good morning traders! Two pictures can pretty much summarise where we are right now Dax is still range bound As we have discussed for a week or two now, we have carved out two distinct zones here on the Dax. We are trapped in a fairly compact range and price has been...
Dax Technical Analysis 16/11/2016

Dax Technical Analysis 16/11/2016

Hello traders! Trading is moving sideways at the moment, trapped between 10660-10800. I have pretty much missed the chance to provide the charts and analysis for today, so I will just provide an overall summary today. There have been opportunities to sell this from...