DAX Market Update – Wednesday Summary

A lot happened over the last two days on DAX. If you did not take a short position quickly, the momentum of the decline...

DAX Market Update – Tuesday Summary

PBOC decided to devaluate its own currency and to lower the reference rate against the dollar by 1.9% - compared to the previous day....

DAX Market Update – Wednesday Summary

Since the beginning of Wednesday’s session on the German Stock Exchange, bulls were in control and have not given the field even for a...

DAX Market Update – Tuesday Summary

Tuesday session was not successful for the US stock indices, which however, has not affected the German DAX. While the main index ended the...

DAX Market Update – Monday Summary

On Monday 9:55AM CET, German PMI readings were released and 5 minutes later the same readings for the monetary union. Booth of them were...

DAX Market Update – Friday Summary

Friday’s session was the fourth in a row where traders saw flat DAX volumes. Day initially seemed to be a tough one, because the...

DAX Market Update – Thursday Summary

The first 15 minutes of Thursday’s session bought an immediate attempt to break above the Monday’s bearish candle (dotted lines on the D1 chart)....

DAX Market Update – Wednesday Summary

Wednesday’s session took place in the shadow of just one event. We are talking of course about FOMC interest rate decision. Rates remained at...

DAX Market Update – Tuesday Summary

Tuesday initially brought a rebound, but the day ended as doji bar where supply and demand are almost equal. Monday and yesterday candles formed...

DAX Market Update – Monday Summary

DAX shows currently two different scenarios. We will look closer at each of them: After finishing wave 1, corrective wave 2 appeared which retraced 61.8%...

GOOD TO KNOW!

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