Thread: Technical Analysis DAX or GER30
Dax (M0) intraday: aim for 10640.00.
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* Pivot point: 10215.00
Our preference: long position above 10215.00 with targets at 10480.00 & 10640.00 in extension.
Alternative scenario: at the breakout of 10215.00, a continuation of the decline will be possible with 10090.00 & 9910.00 in sight.
Comment: the RSI is bullish and militates for a continuation of the progression.
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Unregistered (2)
Dax (M0) intraday: key resistance at 9755.00.
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* Pivot point: 9755.00
Our preference: short position below 9755.00 with targets at 9255.00 & 9090.00 in extension.
Alternative scenario: in excess of 9755.00, aim for a further increase with 9920.00 & 10050.00 in sight.
Comment: as long as 9755.00 is not exceeded the risk of a depression of 9255.00 is important.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Unregistered (2)
Dax (M0) intraday: downside risk dominates.
*
*
* Pivot point: 9755.00
Our preference: short position below 9755.00 with targets at 9255.00 & 9090.00 in extension.
Alternative scenario: in excess of 9755.00, aim for a further increase with 9920.00 & 10050.00 in sight.
Comment: the RSI is around its 50% neutral zone.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Unregistered (2)
Please share your opinion about My analysis for the German Index DAX. Thanks in advance
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Unregistered (3), zisahbi (2020-04-02)
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