Dax hasn't really gone anywhere yesterday. There was almost no volatility in the market and the situation resembled a calm before the storm. The price was oscillating in the narrow consolidation range below 12 882. The FOMC has supported the price slightly towards the end of the session and Dax closed in positive numbers for the day.
Important zones
Resistance: 12 882
Support: 12 592
Statistics for today
Detailed statistics in the Statistical Application
Macroeconomic releases
NIL
Today's session hypothesis
Today's analysis will not bring any breaking news. Ultimately just for the fact that Dax hasn't moved anywhere yesterday, our hypothesis remains unchanged. The resistance at 12 882 is now a key zone and we rather anticipate shorts, in spite of yesterday's positive close related to temporary volatility caused by FOMC. The consolidation of the past days doesn't provide relevant signals and we have to wait for some serious price action. Remember that no trade is a good trade, sometimes. There is a row of macroeconomic events from the Eurozone in the early London session, yet all of those have low importance.
Important zones
Resistance: 12 882
Support: 12 592
Statistics for today
Detailed statistics in the Statistical Application
Macroeconomic releases
NIL
Today's session hypothesis
Today's analysis will not bring any breaking news. Ultimately just for the fact that Dax hasn't moved anywhere yesterday, our hypothesis remains unchanged. The resistance at 12 882 is now a key zone and we rather anticipate shorts, in spite of yesterday's positive close related to temporary volatility caused by FOMC. The consolidation of the past days doesn't provide relevant signals and we have to wait for some serious price action. Remember that no trade is a good trade, sometimes. There is a row of macroeconomic events from the Eurozone in the early London session, yet all of those have low importance.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
FTMO.com - funding for serious traders
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.