DAX is one of the most popular indices in the world. It is listed on the Frankfurt Stock Exchange. Every day there is very high volatility which gives a lot of trading opportunity.

Summary session 11/18/2016

On the markets continues appreciation of US dollar. On the stock market there is also a good mood. DAX Index yesterday rose by 0.2%.

DAX returned to the vicinity of resistance 10700 – 10750 points. However, only a clear break of this area will give a stronger signal to increases.

More technical analysis from Admiral Markets

dax30daily

DAX Intraday

DAX after reflection on the level of 10750 points, headed south. It broke the pivot point level in the vicinity of 10700 points and aims to support around 10,650 points.

dax30m15

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