Forecasts
Dax daily chart, January 11, 2016
Dax daily chart, January 11, 2016

DAX Forecast January 11, 2017, Technical Analysis

4 months agoByChristopher Lewis

The German index rallied a bit on Tuesday, as the €11,500 level continues to be supportive. The meantime, I’m a buyer on short-term dips and I recognize that short-term trading is about as good as it gets in the DAX. Given enough time, I do believe that we break above the reason resistance and continue towards the €12,000 level. That’s my longer-term strategy, buying dips and simply hanging on if we can break out. Support runs all the way down to the €11,400 level, so selling isn’t even a thought currently as this market looks like it’s ready to continue the longer-term trend given enough patience.

More Forecasts

stocks-sp-500

Global Indices Monthly Outlook – May 2017

The major stock markets around the world had a generally volatile month in April as several events had a direct bearing on the stock markets and the way that the investors viewed the risky assets like stocks and this helped to guide the direction in which the stock indexes moved. The main thing of note … Continue reading Global Indices Monthly Outlook – May 2017

Dax weekly chart, May 01, 2017
video

DAX Index Forecast for The Week of May 1, 2017, Technical Analysis

The DAX gapped higher at the open of the week, and then slammed into the €12,500 level. This is an area that will cause a significant amount of resistance, and therefore I think if we break above that level this market will go much higher. If we do pull back from here I recognize that … Continue reading DAX Index Forecast for The Week of May 1, 2017, Technical Analysis

Dax daily chart, May 01, 2017
video

DAX Index Forecast may first, 2017, Technical Analysis

The DAX fell initially on Friday, but turned around to form a hammer. We continue to grind sideways overall, trying to break above the €12,500 level. If we can get above there, the market should continue to go much higher. Even if we fall from here, I see quite a bit of support below, especially … Continue reading DAX Index Forecast may first, 2017, Technical Analysis

Euro Jumps on Surprise EU Inflation Figures

European stock markets are mixed, with the FTSE 100 underperforming following weaker than expected Q1 GDP numbers which will give the BoE some room before having to tighten rates. Eurozone markets managed to stabilized and are posting modest gains. It is the DAX that is underperforming flat on the day, while MIB and IBEX are … Continue reading Euro Jumps on Surprise EU Inflation Figures

DAX Index Daily Fundamental Forecast – April 28, 2017

The DAX index continues to consolidate near the range highs and it is to the credit of the bulls that they have managed to hold the index near its highs despite the various developments across the world over the last few days. This shows that the index continues to be quite strong and it is … Continue reading DAX Index Daily Fundamental Forecast – April 28, 2017

Dax daily chart, April 28, 2017
video

DAX Index Forecast April 28, 2017, Technical Analysis

The DAX Index rallied during the day on Friday, reaching towards the €12,500 level. That area has been resistance, but if we can break above there the market should continue to go much higher. If we do pull back from here, it’s likely that the market participants will look at that as value, as we … Continue reading DAX Index Forecast April 28, 2017, Technical Analysis

Expand Your Knowledge

Prices should remain robust.

Is There a Real-Estate Bubble?

As the S&P 500 index and other global equity bourses hit fresh all-time highs, it is important to evaluate whether the markets are getting ahead of themselves, specifically in the housing space, as the housing market meltdown was the catalyst which brought down the equity markets beginning in 2008. Could there possibly be another real-estate … Continue reading Is There a Real-Estate Bubble?

Fashion industry provides good opportunities

Investing in Fashion

Popular trends of daily life style in clothing, footwear, accessories, makeup, body, or furniture are commonly known as fashion. Since ancient times, in majority of the cultures (around the world) these life style trends also indicate the social status achieved by the members of the society. Historical evidence tells that influential men and women of … Continue reading Investing in Fashion

How Does a Country’s Gold Reserve Affect its Economy?

Last month I watched one of James Bond’s movies called ‘Golden Finger’, which was produced in 1964. The story was about a villain who wanted to contaminate the US gold reserve in Fort Knox, his notion was to save gold bullions that will eventually multiply its price. As I was watching this movie, I wondered about the … Continue reading How Does a Country’s Gold Reserve Affect its Economy?

Can Le Pen Make France Great Again?

The Story of Marine Le Pen

Marine Le Pen, the president of the National Front, is not just a politician, but also a layer taking France by storm at the age of 48, young when compared with the Establishment. Sarkozy, Fillon and Hollande all 62 years of age with only center-left Macron her junior at the age of 39. Marine Le … Continue reading The Story of Marine Le Pen

Marijuana

Marijuana – Is it Economic for You?

The long and windy road of legalizing Marijuana in U.S states begun some time ago, States currently with legalized possession for recreational use include: Alaska, California, Colorado, Maine, Maryland (decriminalized 10g or less), Massachusetts, Minnesota (decriminalized), Nevada, New York (decriminalized unless open to public view), North Carolina (decriminalized 0.5oz or less), Oregon and Washington. In … Continue reading Marijuana – Is it Economic for You?

Currency wars threat global economy and political stability

World War III – The Currency War

Are We Entering a Phase of Currency War? After a long period that last for decades, we are now in a time, over the last decade or so, where wars are fought using currencies rather than using weapons. Countries realize that it is easier, cheaper and less violent to bring destruction to other countries by … Continue reading World War III – The Currency War

See All

FX Empire - the company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as link result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.
FX Empire may receive compensation from the companies featured on the network.

All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. FX Empire bears no responsibility for any trading losses you might incur as link result of using any data within the FX Empire.