145 posts

27-07-2018 Dax

27-07-2018 Dax Technical Analysis

A key price driver was the result of the crisis meeting between US President Donald Trump and EU Commission President Jean-Claude Juncker the night before, when both sides had surprisingly agreed on a plan to settle the customs dispute. Trump and Juncker now want to start discussions on the complete abolition […]

26-07-2018 Dax

26-07-2018 Dax Technical Analysis

26-07-2018 Dax News Automotive stocks were under pressure on yesterday. The  Italian-American automaker FiatChrysler issued a profit warning and as a result, BMW, Daimler, Volkswagen, the automotive supplier Continental and the semiconductor specialist (for the car industry) Infineon, fell by as much as 3.5 percent. Even the largest US automaker GM lowered […]

25-07-2018 Dax

25-07-2018 Dax Technical Analysis

Good morning traders, 25-07-2018 Dax 60m Chart The two main things to look at will be the trend defining low which is ‘385 current ‘775 trend-defining high. This high needs to be broken in order to continue our bullish trend.  I originally had an ACR line set drawn on this chart and was […]

13-07-2018 Dax Analysis

13-07-2018 Dax Technical Analysis

Our 13-07-2018 DAX Analysis Bias: Bearish below 12,637 We were recently trading within a bullish reaction wave, until breaking the 12,421 level. Yesterday we discussed a few levels to watch with possible short entries, this morning we see a run towards that upper median line parallel level. See the article/video […]

11-07-2018 Dax

11-07-2018 Dax Technical Analysis

The Trump administration has released a wide-ranging list of Chinese goods it proposes to be hit with tariffs, including hundreds of food products as well as tobacco, coal, chemicals and tyres, dog and cat food, and consumer electronics including television components. Donald Trump has said he might ultimately impose tariffs […]

09-07-2018 Dax

09-07-2018 Dax Technical Analysis

Investors are likely to follow the trade dispute between the US and China with eagle eyes this week. They also look to London because the minister responsible for the Brexit negotiations, David Davis, surprisingly made his job available at the weekend. Chaos is expected to ensue. Strong US labor market numbers […]