Tuesday’s session on DAX belonged to bulls and it couldn’t be different looking at macro situation. EURUSD was decreasing all day and reached 1.0834 area. Important support is at 1.0810 so decreases should be continued for some time.

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Another positive thing were gains in the US. Appreciation was possible thanks to oil price gain and good macro data from USD economy. S&P500 futures were gaining since first minutes f the session and the result was awesome: S&P500 +2.39%, NASDAQ +3.15%. DAX broke resistance in 9,600 pts area and in the end of session DAX futures reached another resistance at 9,770 pts. After opening of today’s session DAX managed resistance on 9,770 pts, if this move will be continued the next important resistance is at 9,910 pts.

2016-03-02_podsumowanie_sesji_WT_FDAX_H1

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