DAX potentially sets up for the next leg down
The DAX bounce may have run its course as the index reacts off of crucial resistance.
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The DAX bounce may have run its course as the index reacts off of crucial resistance.
As yields rise, pressure mounts on global indices, including the GER30.
The German index started the week on the back foot and sets fresh monthly lows today, with investors on edge as they monitor various risk factors, such as the Covid-19 situation in China and inflation
Markets started the day in a seemingly good mod as the week draws to an end, with GER30 eyeing key levels and trying for a profitable close
After a difficult start to the year for global stock markets, the new quarter gets underway and we take a look at some companies that will be in our radar over the coming months
FXCM's weekly DAX CFD, GER30, has pulled back to the 61.8% retracement (blue horizontal) of the previous impulse move.
After a difficult start to the year for global stock markets, the new quarter gets underway and we take a look at some companies that will be in our radar over the coming months
The German index retreats today, as Russia-Ukraine optimism wanes and Germany activates its Emergency Plan for Gas
The left chart show's the GER30 daily heikin ashi (HA) candles. Over the last six trading sessions, the index has battled and failed to overcome overhead resistance around the 14,550 level (red shaded horizontal). HA candles are trend-following in nature, and the latest candle has turned red after the index reaction off of resistance - a bearish development The righthand hourly chart has bearish signals. The EMAs have turned down,…
In today's "Morning Market Review," we examine the indecision prevalent in the market. Gold has an uncertain candlestick, as do the risk markets. The prospect of stagflation still threatens as oil prices climb. Moreover, a worry persists that the Fed will hike aggressively into this stagflationary environment.
The German index is mixed today, following a two-week rebound, having achieved its best performance of the year, during the last one
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