DAX PERFORMANCE-INDEX (.GDAXI) on the rise, yet bears could come back in once more

DAX PERFORMANCE-INDEX (.GDAXI) on the rise, yet bears could come back in once more

DAX PERFORMANCE-INDEX (.GDAXI) on the rise, yet bears could come back in once more The DAX has been on the rise since Thursday’s low, with the index rising into the 76.4% Fibonacci resistance level this morning. With the continued creation of lower highs in play, this looks like a prime candidate for a reversal. As such, a […]

DAX PERFORMANCE-INDEX (.GDAXI) pauses after sharp decline

DAX PERFORMANCE-INDEX (.GDAXI) pauses after sharp decline

DAX PERFORMANCE-INDEX (.GDAXI) pauses after sharp decline The DAX has also turned lower over the course of the week. While the index has not quite managed to return into the lows of last week, there is a strong chance we will see further downside to continue the trend of lower highs and lows. With the price initially […]

DAX PERFORMANCE-INDEX (.GDAXI) maintaining the zone of resistance established last week

DAX PERFORMANCE-INDEX (.GDAXI) maintaining the zone of resistance established last week

DAX PERFORMANCE-INDEX (.GDAXI) maintaining the zone of resistance established last week The picture here is very similar to the FTSE 100, as the DAX fails to move through 11,800, maintaining the zone of resistance established last week. Further declines head to 11,540 and 11,340. The low from last week mirrors the bounce from this zone in late […]

DAX PERFORMANCE-INDEX (.GDAXI) sell-off expected to gather pace

DAX PERFORMANCE-INDEX (.GDAXI) sell-off expected to gather pace

DAX PERFORMANCE-INDEX (.GDAXI) sell-off expected to gather pace The DAX has similarly turned lower, with the break below 11,748 paving the way for a bearish decline. We have seen that bearish picture develop since then, and with prices forming continued lower highs and lower lows, it looks like we could see further selling come into play. A […]

DAX PERFORMANCE-INDEX (.GDAXI) recovery enters a new week

DAX PERFORMANCE-INDEX (.GDAXI) recovery enters a new week

DAX PERFORMANCE-INDEX (.GDAXI) recovery enters a new week A brief sojourn below the 200-day simple moving average (SMA) of 11,651 was followed up by a bounce for the DAX. However, gains stalled in the second half of the week, below 11,900, but higher lows have been established over the previous few sessions. Trendline support from the […]

DAX PERFORMANCE-INDEX (.GDAXI) awaits GDP and CPI data respectively

DAX PERFORMANCE-INDEX (.GDAXI) awaits GDP and CPI data respectively

DAX PERFORMANCE-INDEX (.GDAXI) awaits GDP and CPI data respectively While trade wars and monetary policy duke it out for the top spot on the radar of traders, Germany will look to provide insight on another major theme – economic growth. While all three themes are directly related, global growth concerns have receded from the headlines […]

DAX PERFORMANCE-INDEX (.GDAXI) attempting to push higher after recent losses

DAX PERFORMANCE-INDEX (.GDAXI) attempting to push higher after recent losses

DAX PERFORMANCE-INDEX (.GDAXI) attempting to push higher after recent losses The DAX has managed to push through the 11,751 resistance level overnight, helping point towards a continuation of the gains seen since Tuesday’s lows. Once again, the severity of the prior sell-off does point towards a high likeliness of a decent rebound over the latter part of the week. With the price […]

DAX PERFORMANCE-INDEX (.GDAXI) rebound likely to resume

DAX PERFORMANCE-INDEX (.GDAXI) rebound likely to resume

DAX PERFORMANCE-INDEX (.GDAXI) rebound likely to resume The DAX has similarly drifted lower overnight, following on from a sharp rebound yesterday. The minimal size of that rate cut means we are likely to see further upside come into play before long. We are starting to see that bullish picture reemerge with prices rising into the 11,667. A […]

DAX PERFORMANCE-INDEX (.GDAXI) rebounds after recent decline

DAX PERFORMANCE-INDEX (.GDAXI) rebounds after recent decline

DAX PERFORMANCE-INDEX (.GDAXI) rebounds after recent decline The DAX has finally managed to find some buyers following a sharp decline throughout the past two-weeks. That took the index below the crucial 11,598 support level, pointing towards further downside to come. However, for the time being, we are in retracement mode, which could be substantial given the recent […]