Technical analysis for the German DAX 40, the index reached the 0.618 FIB retracement at 14 600 and the resistance zone on the weekly chart, after nine consecutive bullish weeks….
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German DAX - Technical Analysis for the index
We publish our technical analysis for German DAX index when we see technical changes in the charts. We focus on breakouts, technical patterns, key support, and resistance levels, combined with a trend/wave-based analysis.
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German DAX Technical Analysis, the index formed a double bottom on the weekly chart.
Technical analysis for the German DAX, the index formed a double bottom on both, the weekly and the daily charts. The first target for this pullback is the 0.618 FIB…
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German DAX Technical Analysis, the bearish pressure accelerated
Technical analysis for the German DAX, the index broke below a bearish flag on the weekly chart and a range on the daily chart. The breakout sent the index lower,…
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German DAX Technical analysis for 2022
Technical analysis for the German DAX, the index is within the third bullish wave on the quarterly chart. The first target for the quarterly bullish wave is the 1.272 FIB…
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GERMAN DAX Technical analysis, the index reached the second target of the daily bullish wave
German DAX technical analysis, the index reached and exceeded the second target of the third bullish daily wave at 1.618 FIB extension at 15 000. The index went as high…
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German DAX Index – technical analysis for 2021
Long-term view, the monthly chart is within its 3rd bullish wave, the first target of this wave is the 1.272 FIB extension around 16 550. However, the price is facing…
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