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.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
