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DAX30 Daily Technical Analysis | 30 January 2018

2018-01-30 07:10 am | Resource: Technical Analysis Section | No Views : 356

DAX30 is still trading between 13395 zones and 13263 zones so our outlook is still neutral on the 30-day index. Yesterday, the index tried to breach the 13343 area and failed.

DAX30 Daily Technical Analysis | 30 January 2018

The slow moving SMA and the SMA are not currently significant.
The indicator of the moment of Machd by the default settings is currently insignificant, despite the positive cross.
We expected no change from yesterday's expectations due to the absence of any significant price movements. If the German 30 index breaks the 13263 area, the 12940 zones might target the other side, if the breach of 13395 might target the areas of 13518.
Support: 12914- 12807- 12690
Resistance: 13343 - 13548 - 13767
Trend: neutral


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