Pashabxl

DAX: It is rather a correction then a change of trend

FX:GER30   DAX index of German listed shares
FOMC result bellow expectation and the 5 years Bunds that is bellow expectation as well has been used by the market makers as a legitimate opportunity to sell some profit.
Hence, ECB's QE is continuing, and the Greek debt is being contained. So at least until the end of May, there it doesn't look as is there was a sign of reversal. I think that sale in may come back in September may be of a meaning this year.
For the time being, until 11225 there is nothing to worry, bellow, we have to watch the amount, and the power of the fall that may then break 10848 but there isn't yet any kind of such a sign. On the upside, 11570 would confirm that it was just a correction and that the long trend remain. Let's wait and see
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out