DAX

GER 40 (DAX) seeks support The GER 40 (DAX) attempts to claw back the recent losses as prices bounce away from the 20000 level. A move above 20400 is the next target. However, a failure at this level would be a sign of exhaustion as…
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AUDUSD grinds support The Australian dollar (AUD) found some firm resistance as risk appetite remains volatile across all markets. The latest move higher towards 0.6300 met stiff selling pressure, and prices are at a major crossroads…
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DAX (GER40) to test all-time high The DAX (GER40) looks to advance as the appetite for investing in equities continues across the board. The index is shooting for an all-time high above 20500 as the bulls seek to trigger a continuation…
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USDCHF struggles for direction The US dollar (USD) slipped as CPI data crept higher, which could cause the Fed a headache at their next meeting. A move above the daily resistance of 0.8850 kept the bullish momentum going, putting…
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GER 40 keeps its edge Germany’s stock index faded slightly from its record high as the Dax looks to hit another peak. The Germany’s stock index made a decisive break above 20000 putting buyers back in the game with a solid footing. The…
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GER40 index not slowing down The GER40 index (Dax) ticked higher as global market optimism and rising US markets drove gains. After hitting resistance at 19700, the index powered to another 200-point lift to confirm another record high.…
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XAGUSD holding onto gains Silver bounced back as the metal market saw a revival, as prices bounced off the recent bottom at 30.00. The latest move came to a halt at the daily resistance of 31.50, as the metal now looks to consolidate…
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GER 40 (DAX40 index)  breaks lower The DAX40 index fell further after continuing the bearish rally from last month. A fall below the base of a previous bounce at 19100 suggests that sellers are still in control of the direction, forcing…
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USDCHF breaks resistance The Dollar rallied after Donald Trump’s victory reached 270 electoral votes to declare him the next US President. The pair broke above the 0.8700 resistance level from the base of a recent bullish breakout. A…
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