country flagالعربية
0
0

DAX30 Daily Technical Analysis | 26 January 2018

2018-01-26 11:21 am | Resource: Technical Analysis Section | No Views : 343

The Germany main index DAX30 broke the 13343 area yesterday as a result of the pressure of sellers on the German index as the index suffers from a weakness as we noted in yesterday's report.

DAX30 Daily Technical Analysis | 26 January 2018

The 30-day chart is currently trading in a bearish direction and the slow moving SMA crosses the short-term SMA and has been confirmed.
The indicator of the moment of the default MACD is currently down.
It is expected that if the Germany30 index breaks the 13214 area, it might target the 12968 areas on the other side, if the breach of 13343 might target the areas of 13519.
Support: 12914- 12807- 12690
Resistance: 13343 - 13548 - 13767
Trend: Down


Other news

Wall Street opened higher on Thursday after Fed cuts

Wall Street opened higher on Thursday after the US Federal Reserve cut interest rates by 25 basis points to 1.75% -2% due to lower inflation and global economic outlook. The move was first criticized by President Donald Trump, but he later described it as "good." Meanwhile, oil prices rose as reports indicated that Saudi Arabia might not be able to meet demand in the wake of Saudi Aramco attacks and…

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 doubts.TradingPekk.com 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.