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    DAX Weekly Update – May 23rd – Inside Bar

    DAX Piotr Drabik -
    Last week investors were surprised by hawkish FOMC minutes. The day before that the probability of hiking rates in June was very low. However...

    DAX Daily Update – May 20th – Dangerous Situation

    DAX Piotr Drabik -
    Thursday was a day of losses on stocks. DAX started from 80 pts bearish gap and despite tries of fixing situation index ended day...

    DAX Daily Update – May 19th – Hawkish FOMC

    DAX Piotr Drabik -
    Yesterday all people waited for April FOMC meeting minutes. DAX ended session before that and investors were really careful yesterday. Bulls were helped by...

    DAX Daily Update – May 18th – All Efforts To Nothing

    DAX Piotr Drabik -
    We can feel sorry for German bulls, because on Tuesday they were disappointed again. On Monday there was no DAX session and bulls over...

    DAX Daily Update – May 13th – Once again on the area of support

    DAX Piotr Drabik -
    On Thursday there was a huge volatility on German DAX. Index moved between support and resistance reaching 500 pts of range. Traders on DAX...

    DAX Daily Update – May 12th – Evening Star Pattern

    DAX Piotr Drabik -
    DAX slipped on bearish trend line and because of external situation rebounded from resistance at 10,100 pts. EURUSD wasn’t helping, it was gaining all...

    DAX Daily Update – May 11th – No Important Data

    DAX Piotr Drabik -
    S&P500 started to gain again as expected. Now it is getting close to important resistance at 2,100 pts. DAX is correlated with US index...

    DAX Daily Update – May 10th – Resistance At 10,100 pts

    DAX Piotr Drabik -
    The beginning of Monday’s session belonged to bulls. Before start of session German factory orders data were published. It was much better than expected....

    DAX and S&P500 Weekly Update – May 9th – New Optimism

    DAX Piotr Drabik -
    Friday’s US job report should start new wave of optimism in the markets. Although unemployment rate is unchanged but the gain of new jobs...

    DAX Daily Update – May 6th – Friday’s US Nonfarm Payrolls data

    DAX Piotr Drabik -
    On Thursday there wasn't any bigger turns at indices. German DAX finished at low plus +0.24% and defended support at 9810 pts. French CAC40...
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