DAX is one of the most popular indices in the world. It is listed on the Frankfurt Stock Exchange. Every day there is very high volatility which gives a lot of trading opportunity


Summary session 11/23/2016

On the stock markets there is optimism. US indices are at historical highs and the DAX close to their recent highs. The December rate hike seems to be already a foregone conclusion, the market  estimated it at 100% and seems  to care no more about it..

DAX index still is hovering around 10,700 points. and only a clear overcome of the resistance of 10750 points should give powerful impetus to growth

dax30daily

DAX Intraday

DAX at the beginning of the session broke the level of the pivot point and the resistance in the vicinity of 10700 pts., Which should open the way to the next resistance R1 in the vicinity of 10750 points.

More technical analysis from Admiral Markets

dax30m15

Key data for DAX

10:00 – institute Ifo index

Error, group does not exist! Check your syntax! (ID: 3)