The DAX gapped higher at the open on Friday, and continue to go much higher than that. With that being the case, the market looks as if it is ready to
The DAX gapped higher at the open on Friday, and continue to go much higher than that. With that being the case, the market looks as if it is ready to continue going higher, but with this we feel that the market will have pullbacks from time to time that should offer value that traders will take advantage of. We have certainly broken out now, and we feel that there is a bit of a “floor” at the €10,500 handle. With this, we are of course buyers on signs of support and of course impulsive moves to the upside.
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.
