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11,843.68 -21.64    (-0.18%)
16:35:08 GMT - Closed. Currency in EUR ( Disclaimer )
Type: Index
Market: Germany
# Components: 30

  • Prev. Close: 11,843.68
  • Open: 11,720.80
  • Day's Range: 11,619.72 - 11,849.39
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DAX 11,843.68 -21.64 (-0.18%)
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DAX Analysis

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U.S. Futures Lower Ahead Of Unemployment Data
By Avatrade - Mar 26, 2015

Daily Briefing Currencies EUR/USD The pair is trading above its upward trend line on a 30 minute time frame. The next resistance is at 1.1211 and the support is at 1.089. USD/JPY: The pair is trading...

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Latest DAX Comments

Alessandro Danos
Alessandro Danos Mar 26, 2015 09:11PM GMT
what about tomorrow? today's movement was very strange imho, and now i can't see a clear direction. what about you? we will see 12k again, or we will go for new lows of the week?
Alessandro Danos
Alessandro Danos Mar 26, 2015 09:26PM GMT
DAX Chart: 11,843.68 by Alessandro Danos
DAX Chart: 11,843.68 by Alessandro Danos
i see a break of the trend line and a retest of that line...typical bearish...support became resistance.
zachary bell
zachary bell Mar 26, 2015 09:34PM GMT
Alessandro I am anticipating the same. I am positioned to short on levels higher above or lower below current price currently flat. However that daily candle on high volume is a scary sight for the bears. bears need to cut losses early if things dont go according to plan.

zachary bell
zachary bell Mar 26, 2015 08:59PM GMT
Good call Daro. . . have a nice weekend all. if anyone is having a bad week, use the down time to re-evaluate and recharge. bad runs do happen, but if they are becoming too common, take a break and re-assess your approach. Sometimes re-reading good material will give you another angle you didn't pick up before.. .

zachary bell
zachary bell Mar 26, 2015 08:46PM GMT
what a mayweather counterpunch that was. right at you bears. gapped and now holding position, who would expect that in such a short period of time. Bots these days sure know how to get things done very quickly.. . Am not convinced of another leg up yet. Still bearish case. Its still stuck in my channel. My upper channel target is 11950s where I would expect any breaks to fail. that's where i will look to sell with stops above 12000.. . If the bulls are right and that ominous daily candle with high volume is anything to go by, then bears must be prepared to stand out of the way if 12000 breaks and hold.. . Another potential sell will be if the DAX falls below 11800 today on good price action and remains sluggish, then we may see 11500-11550s.. .
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