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    DAX Market Update – Thursday Summary

    Indices Damian Chmiel -
    On Thursday, DAX began daily trading from bullish gap, which was closed fairly quick. The idea for a quick rebound did not come as...

    DAX Market Update – Wednesday Summary

    Indices Damian Chmiel -
    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

    Indices Damian Chmiel -
    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

    Indices Damian Chmiel -
    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

    Indices Damian Chmiel -
    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

    Indices Damian Chmiel -
    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

    Indices Damian Chmiel -
    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

    Indices Damian Chmiel -
    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

    Indices Damian Chmiel -
    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

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