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DAX started the week in positive tone helped by the strong finish in US markets on Friday. The index has broken down through the support at 10000. This predicts a further decline. In case of positive reactions, there will now be resistance at points 10000. DAX is technically slightly negative for the long term. We suggest entering a sort position at 9780 with stop loss at 9889 and take profit order at 9451
By every measure there has never been a more exciting time to be alive than right now. In 2018 our world faces real challenges, but also immense opportunity. Our world is globalizing, and digitising. At […]
EURUSD hits fresh 14-year low at 1.0339 EURUSD fell to fresh 14 year lows, breaking the low from December at the 1.03517 hitting the low for the day at 1.0339 the worst level since 2002. […]
Can non-bank liquidity providers support fast markets eFX industry study highlights lack of consensus view
