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German Dax hits April 16 highs

German Dax hits April 16 highs
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Germany 30 (DE30EUR) Retraces but May Find Support Above Level 13912.50

key Resistance Zones: 15000, 15200, 15600Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: BullishGermany 30 is retracing to level 13400. After retracement, the uptrend will resume. A retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the index will rise and reach level 1.272 Fibonacci extensions or level […]

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Germany 30 (DE30EUR) Retraces to Level 13400, Resumes a Fresh Uptrend

key Resistance Zones: 15000, 15200, 15600Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: BullishGermany 30 is in an upward move after retracing to level 13400. A retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the index will rise and reach level 1.272 Fibonacci extensions or level 14428.0. […]

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Germany 30 (DE30EUR) Uptrend Is Facing an Uphill Task to Break Level 14000

Key Resistance Zones: 12800, 13200, 13600Key Support Zones: 11600, 11200, 10800 Germany 30 (DE30EUR) Long-term Trend: BullishGermany 30 is currently in an upward move. The uptrend is facing resistance at level 14000. On January 18, a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that the index will rise and reach […]

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DAX Performs Positively as Market Risk Mood Soars

Germany stocks traded higher on Thursday, as Transportation and Logistics, Industrials, and Media sectors saw significant gains. At the close of the market yesterday (Frankfurt time), the DE30EUR (DAX) grew by about 0.4%, while the MDAX and TecDAX rallied by 0.87% and 0.08%, respectively. The best performers under the DAX were Volkswagen (DE: VOW3), which […]

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