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 ample of trading opportunity

Summary of session 11.07.2016

Yesterday, the US indices passed subsequent historical highs, and today markets expect that ECB will extend the QE program. These events support good climate on the stock markets in Europe.

DAX Index broke the 11,000 point level yesterday and moves towards 11,200 points.


DAX Intraday

DAX is trying to break out from the morning consolidation and moves towards resistance R1 in the vicinity of 11140 points.


Key data for DAX

13:45 – Decision of ECB regarding Interest Rates
14:30 – ECB  macroeconomic projections

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