FxWirePro
Short

DAX30: Sell on rallies

FX:GER30   DAX Index
297 0 11
Major support – 10365 ( 61.8% retracement of 10093 and 10806)

The index has declined after gaining till 10626 yesterday and is currently trading around 10560.

In the hourly chart DAX             is trading slightly above Kijun-Sen (10522).It should close above 10625 for slight jump till 10806.

Any break below 10550 (200 HMA ) will drag the index down till 10365 ( 61.8% retracement of 10093 and 10806).Minor weakness can be seen only below 10365 and break below targets 10200/10095 in the short term.

On the higher side any break above 10630 will take the index to temporary top around 10806 and it should close above 10806 for further up move.

It is good to sell on rallies around 10630-650 with SL around 10810 for the TP of 10455/10365/10240.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
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 Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out