|Day's range||12,337.62 - 12,454.02|
|52-week range||11,830.98 - 13,596.89|
The German index initially fell during the week, but as you can see on the weekly chart we had formed a nice-looking hammer. The show signs of resiliency, and it also shows just how important the €12,000 level is underneath.
European stock markets struggle for direction on Friday, as traders absorb reports of another impending prominent departure from the U.S. administration and disappointing inflation data for the eurozone....
Germany's DAX 30 index opened 0.4% higher at 12,395.55 in a delayed start on Friday, after failing to kick off trade at the usual time. Trading was delayed due to a connectivity issue, with prevented stable ...
Deutsche Börse, the German exchanges operator, faced “serious issues” on Friday that caused a delay in the opening of equities and futures trading. The group said in an update to traders it had faced a ...
The German index rallied initially during the day, but then pulled back to return to where we started. As I record this, it looks as if the buyers are coming back, continuing the grind higher.
European stocks were on track to stretch a winning streak Monday, extending gains along with other global markets after the U.S. jobs report highlighted the health of the world’s largest economy.
German traders initially sold the DAX during the week but found enough support near the €11,750 level to turn things around and bounce significantly. By doing so, it looks as if we are trying to build up a base to continue the upward momentum.
TOKYO (AP) — Asian shares were mostly higher Friday on relief that President Donald Trump's tariffs on U.S. steel and aluminum imports may not be as harsh as earlier feared. News Trump and North Korea's leader will meet also lifted sentiment.
11k USD is becoming a nemesis for Bitcoin. Recent developments around this crypto pushed the price even lower, below the support on 10k USD – strong psychological barrier. With that breakout, we have high chances to see the 8,7k USD soon. As long as we stay below the 11k USD we don’t have any buy signal whatsoever.
Around the world, indices got hammered as it was announced that Gary Cohn was resigning from the economic position he holds in the White House. This led to fears of a more protectionist attitude coming out of the United States, but as the Americans woke up, buyers came back into the marketplace.
The German index rallied rather significantly during the trading session on Monday, after finding the €12,000 level to be supportive enough to push the market to the upside. This is a good sign, as we are starting to see buyers right where we need to keep the uptrend alive.