Tag: DAX

DAX Rallies into Wedge Resistance as Breakout Potential Builds

German Dax Talking Points:Dax bulls gear up for a potential breakout but there are some big levels that need to be cleared firstGerman Dax 40 heads its fourth consecutive week of gains. Can...

DAX 40 Slides Back from Psychological Resistance as FTSE Recovery Stalls

FTSE 100, DAX 40 Technical OutlookDax 40 futures rejected by psychological resistance at 13000GBP/USD makes modest gains after the official appointment of new UK Prime Minister Rishi SunakFTSE 100 slides despite positive earnings...

DAX 40 Trades Higher – Fed Expectations Soften, Boosting German Stocks

German Dax 40 Talking PointsDax futures move higher amid speculation of a potential Fed pivotGerman equities turn green as utilities lead gainsThis week’s ECB rate decision could provide an additional threat to European...

DAX 40 Buoyed by Solid US Earnings Results Despite Pervasive Fed Hawkishness

DAX 40, Natural Gas, EUR/USD, US Dollar, Fed, USD/JPY, Crude Oil - Talking PointsGermany’s DAX 40 is at a 1-month high with other equity indicesNetflix results have added to the sunny outlook and...

US Dollar Slides as Policy Pivots Boost British Pound and Dax 40. Higher GBP/USD?

US Dollar, GBP/USD, British Pound, BoE, ECB, DAX 40, NZD/USD - Talking PointsThe US Dollar softened today as policy pivots and corrections allay fearsEquity markets revived hopes of better days with the DAX...

Germany 40 (DAX) Rejects Resistance as Fed Rate Hike Bets Rise

DAX (German 40) Talking PointsDax 40 rejected by Fibonacci resistance as prices fall back towards long-term psychological support holding at 12,000.Dax futures remain bound between 12,000 and 12,400, providing support and resistance for...

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