The DAX as you can see had a slightly positive session as we continue to struggle with the €11,000 handle. If we get above there, we are very bullish of
The DAX as you can see had a slightly positive session as we continue to struggle with the €11,000 handle. If we get above there, we are very bullish of this market and we think that it should continue to go much higher. Pullbacks at this point time should see plenty support all the way down to at least the €10,500 level, as that is the bottom of the recent consolidation area. The DAX typically does better than most European markets over the longer term as it is considered to be the most “stable” and reliable.
DAX Forecast February 20, 2015, Technical Analysis
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.
