country flagالعربية

DAX30 Daily Technical Analysis | 23 January 2018

2018-01-23 11:05 am | Resource: Technical Analysis Section | No Views : 258

The Germany Index DAX30 broke through the 13468 area yesterday, but has not confirmed so far due to the weakness of the candle following the breach candle, which raises concern about bulls' strength and determination.

DAX30 Daily Technical Analysis | 23 January 2018

The German index is still trading in a bullish ascending trend, the slow moving SMA and the SMA are becoming neutral and represent a support area for the pair.
The indicator of the moment of the MACD with the default settings indicates a bearish indication indicating a negative technical deviation under formation.
It is expected that if the index of 30 areas of 13496 breaks, it may target 13572 zones on the other side, if the 13392 level is breached, it may target 13159 zones.
Support: 13343 - 12914 - 12807
Resistance: 13468 - 13572 - 13767
Trend: Up

Other news

Dow rose more than 200 points after strong earnings during Tuesday

US markets extended gains on Tuesday as the Dow Jones industrial average rose more than 200 points on strong earnings from major banks and other companies. JP Morgan, Wells Fargo, Citigroup and Goldman Sachs were among the companies that posted better-than-expected revenue before the bell. Goldman Sachs reports profitability of $ 4.79, down 24% year on year Goldman Sachs Group said Tuesday its third-quarter net income was $ 8.32 billion,…

More news

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.