Technical Analysis DAX , GER30 9,12 April 2019

 Weekly Analysis Ger30, DAX 8, 12 Apr 2019 

 DAX is expected to rebound from its current price next week after coming close to strong resistance and is likely to fall sharply during this week at 11787.

Daily Analysis of the German DAX 8, 12 April 2019

 According to the technical analysis, the German index is expected to rise to its 12070 level and the bounce from it is the transaction we will enter with the capital management.

The general trend 8, 12 April 2019

 The German DAX is moving in a bullish direction so far but we expect it to rebound after approaching 12070

Recommendation 8, 12 April 2019

 We do not recommend following up on this transaction without studying it well and analyzing the indicator changes based on technical analysis and basic analysis, as well as psychological analysis and entering the transaction in a small size and respecting the management of capital


 Trading on the German DAX is recommended only after a good training on price changes in this market because the index is characterized by quick movements and advised to use the stop loss tool accurately and trading on the long term.

The Forex market and the market for economic indicators are difficult and dangerous markets where you are very likely to lose your money and advise to learn trading and training well in demo accounts before entering into real trading deals. Our position is not advisable to enter into specific trades but only provides reliable technical analysis when analyzing the market.

Weekly Analysis EURUSD 8, 12 Apr 2019