The Dax continued the bullish mood in the past week and closed the week at 11’550. Details about the ECB bond-buying-programme starting on Monday lifted the Dax and put pressure on the Euro. The MACD is bullish, the RSI is …
The 4 months prolongation of current credits for Greece boosted the Dax in the last week and it reached 11’401 points at the end of it. The MACD turned bullish, the RSI is moving upward and the VDAX fell to …
On Friday the Dax hit a high of 11’013 points but formed a Shooting Star as it could not hold above 11’000 points. The MACD is bearish, the RSI is neutral but lost some ground and the VDAX fell to …
Two short episodes above 10’800 and the Dax had to give up ground again. Mostly driven by fears about the proceedings after the greek vote. The MACD is bullish, the RSI is neutral but broke through its upward trend and …
After the announcement of the ECB to buy bonds for 60 billion each month till September 2016, the Dax shot above 10’600 points. The MACD is bullish, the RSI is slightly overbought and the VDAX is down to 19.61. For …
The Dax broke through the resistances last week and reached 10’228 on Friday. News that the Swiss National Bank is dropping to support the 1.20 floor on the EURCHF Exchange rate led to high volatility on currencies and shares. The …
Last week the Dax recovered a bit but was not able to cross above 9’830. It has formed a wedge now (in maroon) and a breakout to the top would offer a further potential of around 500 points. The MACD …
Not the most wonderful start into the new year. On the first day of the second week the Dax lost around 3% falling below its 10-day MA. Concerns over a possible win of the left wing party of Greece put …
After a bearish engulfing which covered the past 6 trading days, the Dax broke reached a new all-time-high closing the week at 10’087 points. The MACD is bullish, the RSI is overbought at 71.3 and the VDAX is 14.11. Whereas …
The Dax moved with great strength through the resistance at 9’400 and moved on towards the previous high at 10’034. The MACD is bullish, the RSI is overbought and the VDAX is 15.21. The coming week will show if the …