Skip to content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
DAX Near-term Technical Forecast at Important Test

DAX Near-term Technical Forecast at Important Test

Paul Robinson, Strategist
Equities Forecast
Equities Forecast
Recommended by Paul Robinson
Check out the Q3 EQUITIES Forecast
Get My Guide

The DAX is once again testing important trend support that arrives via the March 2020 trend-line. It is to be trusted until broken, with a break of 15621 confirming any breakdown that may develop. We also looked at the CAC, but has a little less clear of a picture other than it has been the weaker of the two major European indices.

DAX Daily Chart

dax daily chart

DAX Chart by TradingView

Resources for Forex Traders

Whether you are a new or experienced trader, we have several resources available to help you; indicator for tracking trader sentiment, quarterly trading forecasts, analytical and educational webinars held daily, trading guides to help you improve trading performance, and one specifically for those who are new to forex.

---Written by Paul Robinson, Market Analyst

You can follow Paul on Twitter at @PaulRobinsonFX

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES