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


Session Summary 27.11.2017

The first session of the week wasn’t very successful for the German blue chip, the index fell -0.46%, but still persists above the round figure 13,000 points. Attempts to attack the Friday highs ended in a fiasco.

Among the components of the DAX index, Fresenius recorded the best result, gaining 1.09% and Deutsche Lufthansa rising by 0.51%. Deutsche Bank fell by 2.12% and BASF SE lost 1.84%.

DAX Intraday

German bulls once again gave up on the 200-hour average, and today the opening is without major moves. After 9 o’clock the course attempts to force the Pivot level, a successful attack should lead to 13,100. If you keep the price below, the risk of going down to 12,900-12,900 is high.

The negative scenario should continue until reaching the level of yesterday’s high – 13 115.

DAX Longterm

The last candle is included on Friday, which means Inside Bar (IB) on a daily interval. Breakout will show future direction of the price.

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