The DAX as you can see broke higher during the day on Tuesday, slicing through the €10,000 level. On top of that, we even broke above the top of the gap
The DAX as you can see broke higher during the day on Tuesday, slicing through the €10,000 level. On top of that, we even broke above the top of the gap that formed on Monday, thereby making this a very bullish looking market. With this, we believe that the only thing you can do is buy the DAX at the moment, and that it will continue to offer value going forward on pullbacks. The DAX continues to be one of the better performers overall, and therefore we are very bullish of Germany and the German index right now.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
