DAX daily: 10 Dec 2018

Friday's session started relatively slowly when the price oscillated in Thursday's range. Then the price fell towards the support at 10 800 which did not attract any buyers. What was more interesting, however, was the bounce back from below that gave nice trading opportunity. Today we open outside the previous day range and Dax has […]

DAX daily: 07 Dec 2018

The tension in England contributed to another big drop of Dax, the yesterdays sessions started with a nice move up, but soon it was replaced by a rapid drop. The support from 2016 on 10 800 was slightly overcome, but in the end, the buyers entered and erased part of the morning fall. Today we […]

DAX daily: 06 Dec 2018

The resistance at 11 262 we picked up yesterday had played out pretty nicely. There was even a daily high formed at that level. The yesterday's low breakout statistic had also resulted in success, overnight. Today we open by a very prudent short gap with the size of 160 points. This gap has, once again, been […]

DAX daily: 05 Dec 2018

We definitely did not expect such a drop in price. Dax has first found some buyers at 11 391 support and returned to the Monday's session range. Following was the drop towards the support at 11 341 where the price stalled. Then the news about the Brexit legal advice came out and Dax sharply fell […]

DAX daily: 04 Dec 2018

Yesterday's Dax was slowely dropping towards 11 391, but Dax did not reach it. Instead, the buyers entered already on the high of the swing of 27.11. on 11 426. Today we are opening with a gap, which has a 57% probability of closing. Important zones Resistance: 11 594, 11 500 Support: 11 391, 11 […]