DAX PERFORMANCE-INDEX (.GDAXI) Rises After US-China Trade Deal

DAX PERFORMANCE-INDEX (.GDAXI) Rises After US-China Trade Deal

DAX PERFORMANCE-INDEX (.GDAXI) Rises After US-China Trade Deal German stocks advanced on Thursday after the United States and China signed a trade truce, helping ease investors’ concerns of further escalation in the costly conflict. Some questions still remain over whether President Donald Trump’s efforts to rewrite the economic relationship with Beijing will ever go any […]

DAX PERFORMANCE-INDEX (.GDAXI) Set To Underperform

DAX PERFORMANCE-INDEX (.GDAXI) Set To Underperform

DAX PERFORMANCE-INDEX (.GDAXI) Set To Underperform European stock markets are expected to open marginally lower Tuesday, as investors take a cautious view ahead of the start of the earnings season. Futures for the U.K.’s FTSE 100 index were trading 2 points, or 0.1%, lower by 02:20 ET (07:20 GMT), futures for France’s CAC 40 were […]

DAX PERFORMANCE-INDEX (.GDAXI) consolidating after recent breakout

DAX PERFORMANCE-INDEX (.GDAXI) consolidating after recent breakout

DAX PERFORMANCE-INDEX (.GDAXI) consolidating after recent breakout The DAX has been treading water overnight, following on from a break through the crucial 13,472 resistance level. That leaves us within touching distance of the 13,601 record high. The key to further gains is to remain above that 13,472 support level. Watch for whether we see a […]

DAX PERFORMANCE-INDEX (.GDAXI) shares edge down

DAX PERFORMANCE-INDEX (.GDAXI) shares edge down

DAX PERFORMANCE-INDEX (.GDAXI) shares edge down German stocks edged down on Monday, with the benchmark DAX index down 92.15 points, or 0.70 percent, to close at 13,126.99 points. Material manufacturer Covestro lost 4.80 percent, the top loser among the blue chips, followed by semiconductor manufacturer Infineon Technologies and airlines Lufthansa, which lost 1.69 percent and […]

DAX PERFORMANCE-INDEX (.GDAXI) enjoys the removal of risks in both the United States and the UK

DAX PERFORMANCE-INDEX (.GDAXI) enjoys the removal of risks in both the United States and the UK

DAX PERFORMANCE-INDEX (.GDAXI) enjoys the removal of risks in both the United States and the UK The DAX 30 may look to capitalize on a relatively stable backdrop and a dovish European Central Bank. Alongside the Dow Jones, the DAX 30 enjoyed a boost from the possible trade deal while also receiving clarity on the […]

DAX PERFORMANCE-INDEX (.GDAXI) Seen Up As UK Voters Head To Polls

DAX PERFORMANCE-INDEX (.GDAXI) Seen Up As UK Voters Head To Polls

DAX PERFORMANCE-INDEX (.GDAXI) Seen Up As UK Voters Head To Polls European stocks may open flat to slightly higher on Thursday as new President Christine Lagarde chairs her first European Central Bank (ECB) meeting and the subsequent press conference later today. Any hints on the economic outlook, inflation expectations and future policy decisions would be […]

DAX PERFORMANCE-INDEX (.GDAXI) slip as investors weigh outlook for US-China trade

DAX PERFORMANCE-INDEX (.GDAXI) slip as investors weigh outlook for US-China trade

DAX PERFORMANCE-INDEX (.GDAXI) slip as investors weigh outlook for US-China trade Stock markets weakened during European trading on Monday as investors weighed the possibility of more U.S. tariffs on China and the outlook for negotiations on the trade dispute. A Chinese official said that Beijing wants a prompt settlement of its trade war with Washington […]

DAX PERFORMANCE-INDEX (.GDAXI) investors look to a central bank decision

DAX PERFORMANCE-INDEX (.GDAXI) investors look to a central bank decision

DAX PERFORMANCE-INDEX (.GDAXI) investors look to a central bank decision The DAX 30 will look to a central bank decision of its own next week, in an event that will likely stir volatility in all European equities. Trade headlines and the tone of the Federal Reserve will also play a role in the outlooks of […]

DAX PERFORMANCE-INDEX (.GDAXI) fall into red as US impeachment looms

DAX PERFORMANCE-INDEX (.GDAXI) fall into red as US impeachment looms

DAX PERFORMANCE-INDEX (.GDAXI) fall into red as US impeachment looms Most European and US markets slumped yesterday after an upbeat start to the day was eroded by news the US Congress is moving ahead with impeachment efforts against President Donald Trump. House Speaker Nancy Pelosi ordered articles of impeachment to be drawn up that could […]

DAX PERFORMANCE-INDEX (.GDAXI) Rallies As Chinse Manufacturing PMI Overshadows German Issues

DAX PERFORMANCE-INDEX (.GDAXI) Rallies As Chinse Manufacturing PMI Overshadows German Issues

DAX PERFORMANCE-INDEX (.GDAXI) Rallies As Chinse Manufacturing PMI Overshadows German Issues The Dax rebounded on Monday as traders focused on strong data from China which boosted risk sentiment and overshadowed data showing the German manufacturing sector remains deep in recession The recovery in the Dax follows on from gains in Asia as investors cheered better […]

DAX PERFORMANCE-INDEX (.GDAXI) turning lower from range resistance

DAX PERFORMANCE-INDEX (.GDAXI) turning lower from range resistance

DAX PERFORMANCE-INDEX (.GDAXI) turning lower from range resistance The DAX appears to be at a turning point following a recent rally that has taken us back into the key resistance level of 13,310. That level represents the highest point within the consolidation phase evident from 7 November to 19 November. Thus, with the price having […]

DAX PERFORMANCE-INDEX (.GDAXI) Little Changed In Cautious Trade

DAX PERFORMANCE-INDEX (.GDAXI) Little Changed In Cautious Trade

DAX PERFORMANCE-INDEX (.GDAXI) Little Changed In Cautious Trade German stocks were little changed in cautious trade on Tuesday as investors awaited further clarity on the U.S.-China trade talks. Earlier today, China’s Commerce Ministry said in a brief notice that Vice Premier Liu He spoke with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin […]

DAX PERFORMANCE-INDEX (.GDAXI) Rises On Trade Deal Hopes

DAX PERFORMANCE-INDEX (.GDAXI) Rises On Trade Deal Hopes

DAX PERFORMANCE-INDEX (.GDAXI) Rises On Trade Deal Hopes German stocks advanced on Monday after a tabloid run by the ruling Communist Party’s official People’s Daily discounted “negative” media reports and said both countries were “very close” to a phase one trade deal. Meanwhile, the headline German IFO Business Climate Index came in at 95.0 in […]

DAX PERFORMANCE-INDEX (.GDAXI) New Trade War Target?

DAX PERFORMANCE-INDEX (.GDAXI) New Trade War Target?

DAX PERFORMANCE-INDEX (.GDAXI) New Trade War Target? Like the Dow Jones, the DAX 30 could have its hands full with trade war headlines. While the impact of US-China developments is far from negligible, it was recently announced the United States is looking to investigate the European Union under Section 301 – a statute that covers […]

DAX PERFORMANCE-INDEX (.GDAXI) uncertainty about a potential U.S.-China trade deal weighs on sentiment

DAX PERFORMANCE-INDEX (.GDAXI) uncertainty about a potential U.S.-China trade deal weighs on sentiment

DAX PERFORMANCE-INDEX (.GDAXI) uncertainty about a potential U.S.-China trade deal weighs on sentiment German stocks are notably lower Wednesday morning, as uncertainty about a potential U.S.-China trade deal weighed on sentiment and forced investors to indulge in some selling. The U.S. President Donald Trump on Tuesday threatened higher tariffs on Chinese goods if a trade […]

DAX PERFORMANCE-INDEX (.GDAXI) Resumes Higher

DAX PERFORMANCE-INDEX (.GDAXI) Resumes Higher

DAX PERFORMANCE-INDEX (.GDAXI) Resumes Higher DAX shows an incomplete Elliott Wave sequence from December 27, 2018 low favoring further upside. The rally from August 15, 2019 low (11266.48) is unfolding as an impulse Elliott Wave structure where wave 1 ended at 12814.49 and wave 2 pullback ended at 12607.06. Wave 3 remains in progress and […]

DAX PERFORMANCE-INDEX (.GDAXI) sees early weakness

DAX PERFORMANCE-INDEX (.GDAXI) sees early weakness

DAX PERFORMANCE-INDEX (.GDAXI) sees early weakness Early trading has seen the DAX drop sharply, although it has yet to test the 13,130 area that has marked support over the past two weeks. Below this, 12,950 is possible support. For the time being, the index is still in consolidation mode, with a rally through 13,300 needed […]

DAX PERFORMANCE-INDEX (.GDAXI) Technical Levels to Watch

DAX PERFORMANCE-INDEX (.GDAXI) Technical Levels to Watch

DAX PERFORMANCE-INDEX (.GDAXI) Technical Levels to Watch DAX positive momentum keeps pushing the index to fresh yearly highs with small daily corrections making lower lows and higher highs as the Dax benchmark trades above all major daily moving averages and inside the ascending channel which started back in December 2018. Dax has reached overbought levels […]

DAX PERFORMANCE-INDEX (.GDAXI) bullish momentum holding well with small daily corrections

DAX PERFORMANCE-INDEX (.GDAXI) bullish momentum holding well with small daily corrections

DAX PERFORMANCE-INDEX (.GDAXI) bullish momentum holding well with small daily corrections DAX bullish momentum holds well with small daily corrections making lower lows and higher highs as the Dax benchmark trades above all major daily moving averages and inside the ascending channel which started back in December 2018. On the upside where traders focus shifted, […]

DAX PERFORMANCE-INDEX (.GDAXI) consolidation likely to bring another leg higher

DAX PERFORMANCE-INDEX (.GDAXI) consolidation likely to bring another leg higher

DAX PERFORMANCE-INDEX (.GDAXI) consolidation likely to bring another leg higher The DAX has shifted into another sideways phase, following on from a clear uptrend throughout October thus far. The decline into 12,827 represents a move to match the lows from Friday, which would bring a more bearish picture into play if broken. We will ultimately need to […]

DAX PERFORMANCE-INDEX (.GDAXI) consolidating after continued upside

DAX PERFORMANCE-INDEX (.GDAXI) consolidating after continued upside

DAX PERFORMANCE-INDEX (.GDAXI) consolidating after continued upside The DAX remains within an intraday uptrend, with the index managing to push into a 16-month high yesterday. While the price is now stagnating, another leg higher looks likely before long. As such, a bullish outlook remains in play unless we see a break below the 12,888 level. Watch for […]

DAX PERFORMANCE-INDEX (.GDAXI) Careful with Entries at these levels

DAX PERFORMANCE-INDEX (.GDAXI) Careful with Entries at these levels

DAX PERFORMANCE-INDEX (.GDAXI) Careful with Entries at these levels The DAX has pushed through the 12,817 resistance level, in a move that confirms the continuation of the uptrend seen throughout October thus far. The wider picture points towards the next resistance level of note coming around 13,208, and there is plenty of room for further upside in […]

DAX PERFORMANCE-INDEX (.GDAXI) could look to extend their runs higher

DAX PERFORMANCE-INDEX (.GDAXI) could look to extend their runs higher

DAX PERFORMANCE-INDEX (.GDAXI) could look to extend their runs higher A series of fundamental factors have bolstered the standing of the DAX 30 and CAC 40, which have subsequently pushed through various levels of resistance. As the Brexit saga continues to unfold, the two indices could look to extend their runs higher, but subsequent resistance stands […]

DAX PERFORMANCE-INDEX (.GDAXI) at Yearly Highs On Brexit Deal Hopes

DAX PERFORMANCE-INDEX (.GDAXI) at Yearly Highs On Brexit Deal Hopes

DAX PERFORMANCE-INDEX (.GDAXI) at Yearly Highs On Brexit Deal Hopes DAX Index continues higher for sixth consecutive trading session making fresh yearly highs as positive headlines crossing the wires, suggesting that a Brexit deal is possible. EU Negotiator, Michel Barnier, told EU commissioners that he is optimistic about getting a Brexit deal with the UK by the […]

DAX PERFORMANCE-INDEX (.GDAXI) drives higher yet again despite yesterday’s pullback

DAX PERFORMANCE-INDEX (.GDAXI) drives higher yet again despite yesterday’s pullback

DAX PERFORMANCE-INDEX (.GDAXI) drives higher yet again despite yesterday’s pullback The DAX continues to outperform despite questions over the validity of the claims of a US-China trade deal, with the index driving higher to negate the retracement seen yesterday. This points towards further upside to come, with the index hitting a two-month high in early trade today. […]

DAX PERFORMANCE-INDEX (.GDAXI) Market Increase Bets for a Brexit Deal

DAX PERFORMANCE-INDEX (.GDAXI) Market Increase Bets for a Brexit Deal

DAX PERFORMANCE-INDEX (.GDAXI) Market Increase Bets for a Brexit Deal DAX Index started higher the trading session as positive news crossing the wires from the Brexit front. EU’s Donald Tusk said that after PM Boris Johnson met his Irish counterpart Leo Varadkar yesterday, “both saw for the first time a pathway to a deal”. Improved sentiment […]

DAX PERFORMANCE-INDEX (.GDAXI) gradually on the rise

DAX PERFORMANCE-INDEX (.GDAXI) gradually on the rise

DAX PERFORMANCE-INDEX (.GDAXI) gradually on the rise The DAX also fell sharply last week, with the index gradually regaining ground since. The ability to continue forming higher lows is key here, with the improved German industrial production figure helping to push the index into a fleeting new high for the week. Ultimately, this rally does look like […]

DAX PERFORMANCE-INDEX (.GDAXI) price may be on its way towards 11,766

DAX PERFORMANCE-INDEX (.GDAXI) price may be on its way towards 11,766

DAX PERFORMANCE-INDEX (.GDAXI) price may be on its way towards 11,766 Looking at the daily chart, we notice yesterday the Dax broke below the neckline of double top pattern residing at 12,142. Additionally, the index declined to a lower trading zone 11,691- 12,032 eyeing a test of the low end of it. This suggests that […]

DAX PERFORMANCE-INDEX (.GDAXI) slumps today after the US ISM manufacturing report

DAX PERFORMANCE-INDEX (.GDAXI) slumps today after the US ISM manufacturing report

DAX PERFORMANCE-INDEX (.GDAXI) slumps today after the US ISM manufacturing report The DAX index slumps today after the US ISM manufacturing report, published yesterday, came in at 47.8 the lowest level in ten years. The biggest drag on the ISM was new export orders, and this is important for the export-oriented German economy. As a […]

DAX PERFORMANCE-INDEX (.GDAXI) looks to continue gains

DAX PERFORMANCE-INDEX (.GDAXI) looks to continue gains

DAX PERFORMANCE-INDEX (.GDAXI) looks to continue gains It was a week of two halves, as the DAX dropped in the first half before rallying from a Tuesday low. However, since then, gains have stalled at 12,400, so if this remains in place a lower low has been established. A push below 12,300 would renew the bearish move […]

DAX PERFORMANCE-INDEX (.GDAXI) Economy Showing Little Signs of Improving

DAX PERFORMANCE-INDEX (.GDAXI) Economy Showing Little Signs of Improving

DAX PERFORMANCE-INDEX (.GDAXI) Economy Showing Little Signs of Improving The beginning of the week saw the DAX on the backfoot following a raft of weak PMI figures. Germany’s manufacturing recession has continued to worsen with concerns mounting that the slowdown could become broaderbased as the services sector had also slowed to a 9-month low. Subsequently, […]

DAX PERFORMANCE-INDEX (.GDAXI) Drop as Risk Appetite Folds

DAX PERFORMANCE-INDEX (.GDAXI) Drop as Risk Appetite Folds

DAX PERFORMANCE-INDEX (.GDAXI) Drop as Risk Appetite Folds President Trump impeachment odds rose 20ppts to 57% in yesterday’s session after House Speaker Pelosi announced that the House will launch a formal impeachment inquiry into US President Trump. The impeachment proceedings are due to allegations that President Trump had pressured the Ukrainian President to investigate a political […]

DAX PERFORMANCE-INDEX (.GDAXI) shares almost unchanged at start of trading

DAX PERFORMANCE-INDEX (.GDAXI) shares almost unchanged at start of trading

DAX PERFORMANCE-INDEX (.GDAXI) shares almost unchanged at start of trading German stocks were almost unchanged at the start of trading on Wednesday, with the benchmark DAX index opening at 12,355.92 points, down 33.7 points, or minus 0.27 percent. The decision to cut interest rates by the U.S. Federal Reserve (Fed), which had lowered the federal […]

DAX PERFORMANCE-INDEX (.GDAXI) continue week’s horizontal trend at start of trading

DAX PERFORMANCE-INDEX (.GDAXI) continue week’s horizontal trend at start of trading

DAX PERFORMANCE-INDEX (.GDAXI) continue week’s horizontal trend at start of trading German stocks continued the horizontal trend and remained flat at the start of trading on Wednesday, with the benchmark DAX index opening at 12,361.23 points, down 11.38 points, or 0.09 percent. The biggest winner among Germany’s largest 30 companies at the start of trading […]

DAX PERFORMANCE-INDEX (.GDAXI) holds above Monday lows

DAX PERFORMANCE-INDEX (.GDAXI) holds above Monday lows

DAX PERFORMANCE-INDEX (.GDAXI) holds above Monday lows The price for the DAX failed to close the opening gap yesterday, with gains faltering at 12,400. However, downside was also limited, so another push above 12,400 may occur, with a target in the first instance of 12,500, before a fresh move towards 12,600. The current bounce is yet to […]

DAX PERFORMANCE-INDEX (.GDAXI) aiming for 12,410

DAX PERFORMANCE-INDEX (.GDAXI) aiming for 12,410

DAX PERFORMANCE-INDEX (.GDAXI) aiming for 12,410 It has been a good few weeks for European equities, which have surged despite ongoing signs of economic weakness in the eurozone, and particularly in Germany for the DAX. The index breezed through the top of the August range, and then on through the 50- and 100-day moving averages […]

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

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

DAX PERFORMANCE-INDEX (.GDAXI) consolidates after sharp decline The DAX has seen a volatile week, and even though we have seen a general lack of direction following Tuesday’s sharp decline, we are seeing significant sized moves within the subsequent consolidation. There is a chance that this is a precursor to a short-term upward retracement, yet we need to […]

DAX PERFORMANCE-INDEX (.GDAXI) breaking lower after shallow recovery

DAX PERFORMANCE-INDEX (.GDAXI) breaking lower after shallow recovery

DAX PERFORMANCE-INDEX (.GDAXI) breaking lower after shallow recovery The DAX looked at risk given the shallow nature of its recovery, and so that is how it is playing out, with sharp declines returning to mimic the sell-off from last Thursday. The break below the 200-hour simple moving average (SMA), coupled with the 12,383 swing low provides the bearish breakdown confirmation signal. […]

DAX PERFORMANCE-INDEX (.GDAXI) gradually regaining ground after sharp decline

DAX PERFORMANCE-INDEX (.GDAXI) gradually regaining ground after sharp decline

DAX PERFORMANCE-INDEX (.GDAXI) gradually regaining ground after sharp decline The DAX has been gaining ground after a sharp decline into the 76.4% Fibonacci support level. There is a risk that this rally could falter given the slow ascent we are currently seeing. However, a significant bearish picture would require a break below 12,193, which would complete a […]

DAX PERFORMANCE-INDEX (.GDAXI) will look closely to the price action of the S&P 500 and FTSE 100

DAX PERFORMANCE-INDEX (.GDAXI) will look closely to the price action of the S&P 500 and FTSE 100

DAX PERFORMANCE-INDEX (.GDAXI) will look closely to the price action of the S&P 500 and FTSE 100 The German DAX 30 has a relatively quiet week ahead. Last week, an ECB meeting that missed market expectations saw the Index plummet beneath support as the central bank signaled easing would occur not at present, but down the line. […]

DAX PERFORMANCE-INDEX (.GDAXI) takes a breather after bullish breakout

DAX PERFORMANCE-INDEX (.GDAXI) takes a breather after bullish breakout

DAX PERFORMANCE-INDEX (.GDAXI) takes a breather after bullish breakout The DAX has provided a much more clear-cut breakout this week, with the index rising through the 12,465 swing high. That points towards further upside to come, with any short-term downside looking like a buying opportunity more than anything. The index is starting to ease back, raising the possibility […]

DAX PERFORMANCE-INDEX (.GDAXI) rallies into trendline and Fibonacci confluence

DAX PERFORMANCE-INDEX (.GDAXI) rallies into trendline and Fibonacci confluence

DAX PERFORMANCE-INDEX (.GDAXI) rallies into trendline and Fibonacci confluence The DAX has been on the rise this week, with the index rallying into a confluence of resistance that encompasses the 76.4% retracement and ascending trendline. The recent trend of lower highs and lows points towards the possibility of a bearish move from here, yet EUR declines could […]

DAX PERFORMANCE-INDEX (.GDAXI) begins to show bullish momentum

DAX PERFORMANCE-INDEX (.GDAXI) begins to show bullish momentum

DAX PERFORMANCE-INDEX (.GDAXI) begins to show bullish momentum While July has seen the DAX lose ground, it has rallied off the 50-day simple moving average (SMA) at 12,211. A continued bounce would head towards last week’s peak at 12,454, and then to 12,650. A move through 12,350 would be a good first step. A drop below 12,165 […]

DAX PERFORMANCE-INDEX (.GDAXI) face important Fib levels which may give pause to a continuation higher

DAX PERFORMANCE-INDEX (.GDAXI) face important Fib levels which may give pause to a continuation higher

DAX PERFORMANCE-INDEX (.GDAXI) face important Fib levels which may give pause to a continuation higher German DAX 30 trades beneath a Fib level of its own. The 61.8% retracement from the index’s high in January 2018 to its low in December rebuffed attempted moves higher last week and will look to again in the week […]

DAX PERFORMANCE-INDEX (.GDAXI) stocks mixed at close of trade

DAX PERFORMANCE-INDEX (.GDAXI) stocks mixed at close of trade

DAX PERFORMANCE-INDEX (.GDAXI) stocks mixed at close of trade Germany stocks were mixed after the close on Monday, as gains in the Technology, Consumer & Cyclical and Basic Resources sectors led shares higher while losses in the Food & Beverages, Financial Services and Telecoms sectors led shares lower. At the close in Frankfurt, the DAX […]

DAX PERFORMANCE-INDEX (.GDAXI) stuck below 10,900

DAX PERFORMANCE-INDEX (.GDAXI) stuck below 10,900

DAX PERFORMANCE-INDEX (.GDAXI) stuck below 10,900 DAX’s gains above 10,900 have proven impossible to sustain over the past few sessions, while intraday sell-offs have found support at 10,800. A break of this range indicates the next direction, with trendline support around 10,700 coming into play. Above 10,900, the index will push on above 11,000 but […]

DAX PERFORMANCE-INDEX (.GDAXI) heading higher once again

DAX PERFORMANCE-INDEX (.GDAXI) heading higher once again

DAX PERFORMANCE-INDEX (.GDAXI) heading higher once again The DAX drifted lower yesterday, following gains throughout the first trading days of 2019. However, with the price having already broken through the 76.4% retracement, it looks increasingly likely that we will push through the key 10,987 mark. Should that occur, it would be the first higher high in eight […]

DAX PERFORMANCE-INDEX (.GDAXI) shares overcome losses

DAX PERFORMANCE-INDEX (.GDAXI) shares overcome losses

DAX PERFORMANCE-INDEX (.GDAXI) shares overcome losses European shares also overcome losses from a day earlier, with Germany’s DAX gaining 3.4 percent and France’s CAC 40 rising 2.7 percent. Britain’s FTSE 100 advanced 2.2 percent. In Asia, Hong Kong’s Hang Seng jumped 2.2 percent. South Korea’s Kospi added 0.8 percent. Japan’s Nikkei 225 index fell 2.3 […]

DAX PERFORMANCE-INDEX (.GDAXI) 2019 EU Killing Growth

DAX PERFORMANCE-INDEX (.GDAXI) 2019 EU Killing Growth

DAX PERFORMANCE-INDEX (.GDAXI) 2019 Outlook Overall, the bias in prices is: Downwards. The projected upper bound is: 12,189.46. The projected lower bound is: 9,130.46. The projected closing price is: 10,659.96. Candlesticks A big black candle occurred. This is bearish, as prices closed significantly lower than they opened. If the candle appears when prices are “high,” […]

DAX PERFORMANCE-INDEX (.GDAXI) returns to key support level

DAX PERFORMANCE-INDEX (.GDAXI) returns to key support level

DAX PERFORMANCE-INDEX (.GDAXI) returns to key support level The DAX has also turned lower, with the continued creation of lower highs and lower lows taking us back into the crucial 10,588 swing low. A break below that level will set us on the next leg lower, with the downtrend looking likely to remain intact. As such, watch […]

DAX PERFORMANCE-INDEX (.GDAXI) upside move could take a hit if EU CPI data misses expectations

DAX PERFORMANCE-INDEX (.GDAXI) upside move could take a hit if EU CPI data misses expectations

DAX PERFORMANCE-INDEX (.GDAXI) upside move could take a hit if EU CPI data misses expectations Germany equities were lower at the close on Friday, as losses in the Consumer & Cyclical, Technology and Industrials sectors propelled shares lower. At the close in Frankfurt, the DAX fell 0.54%, while the MDAX index declined 0.89%, and the […]

DAX PERFORMANCE-INDEX (.GDAXI) rebound unlikely to last

DAX PERFORMANCE-INDEX (.GDAXI) rebound unlikely to last

DAX PERFORMANCE-INDEX (.GDAXI) rebound unlikely to last The DAX is similarly climbing higher within a downtrend, with the price having hit the trendline resistance. There is a very good chance we will see the market turn lower before long, in a bid to carry on the downtrend. As such, while we could see further short-term upside, a […]