Dax daily: 02 Aug 2019
Resistance: 12 283
Support: 11 979
Statistics for today
Detailed statistics in the Statistical Application
14:30 CEST - USA - NFP, Wages & Unemployment Rate
Today's session hypothesis
Today's session will probably be characterized mainly by the Non-Farm Payrolls release over the pond. The from the US Markets often echoes to Dax too. Besides the headline NFP, be careful to monitor the wages as these tend to matter most. Today's session was opened with a 60 points gap which actually has a very low probability of being closed. Considering this, we rather favour bears and the price decline. Yesterday's low was already broken and the next support that awaits us lays at 11 979 which also isn't any far.