DAX is one of the most popular indices in the world. It is listed on the Frankfurt Stock Exchange. Virtually every day there is a very high volatility which gives ample of trading opportunities.

Summary session 13.02.2017

Yesterday we had the fifth growth session on the Frankfurt Stock Exchange. DAX Index gained 0.92%. Good mood in the equity markets provides Donald Trump, which again sparked hopes for a fiscal stimulus in the US

DAX index reached important resistance level at around 11800 points. Only breaking of this level will strongly move up the index.


DAX Intraday

DAX after opening of the futures markets is consolidating above the pivot point in the vicinity of 11750 points. Breaking local maxima in the vicinity of 11780 points. will give a chance to attack round level 11800 points and R1 in the vicinity of 11840 points.

DAX30M15-5Key data for DAX

11:00 – ZEW index
11:00 – Gross Domestic Product, rev. in the euro area
11:00 – Industrial production in the euro zone

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