DAX 30 GER 30 Forecast and Analysis  6th_10th May 2019

DAX 30  GER 30  Forecast   6th_10th May 2019

 DAX 30  GER 30 Forecast  6th_10th May 2019

DAX News in  6th_10th May 2019

⟰ Technical Analysis

Technical Analysis Dax 30 Forecast  6th_10th May 2019

Technical Analysis GER 30 DAX 30 6th_10th May 2019
MA200 – H4
Fibo - H4
Trendline - H4
BUY
BUY
BUY

Weekly Forecast and Analysis Dax 30 Forecast  6th_10th May 2019

German DAX is expected to rise in the coming days until reaching its 12947 target.

After breaching the German DAX to 11800 we expect the DAX to rise further in the coming week and therefore the German DAX will only buy after the neckline will enter trading on the DAX in the areas indicated by name and in areas of strong support

Daily  Forecast and Analysis 6th_10th May 2019

The DAX is currently in the ascending trend of the target mentioned in the chart.

Next week will be fun to trade on the German DAX in intraday trading and only buy trades in the DAX areas crossed the neckline and the DAX is likely to reach the next 12 days value of 12800

The general trend DAX30 6th_10th May 2019




http://www.weekly-daily-analysis.co/

DAX index is Bullish

What is the German DEX index?

DAX 30 or GER 30 was first published on 1 July 1988 under the name of DAX on the Frankfurt Stock Exchange. Its value depends on the price of the 30 largest companies listed on the Frankfurt Stock Exchange. Trading hours of course, like other European stock exchanges, are on the Frankfurt Stock Exchange from 9:00 am to 5:30 pm Paris time. The TBS 30 is generally considered a performance indicator, which means that corporate profits are included. For example, for Euro Stoxx 50. If a company wishes to join the DAX, it must be listed in the Prime Prime, be exchanged on Xetra permanently and have a free margin of at least 10%. In addition, the company's registered office must be located in the German state on the European continent or, if the stock trading volume is concentrated in Frankfurt, the company's registered office in the European Union must be one of the necessary conditions. The most powerful companies are listed in the German DAX in terms of market capitalization: Bayer (BAYN), Daimler (DAI), Siemens (SIE), Allianz (ALV), BASF (BAS). The development of the country reflects the evolution of the country's economic situation and is therefore an indicator of the growth of the European economy and the German economy. As Germany alone accounts for almost a third of the Eurozone's economy, the DAX can represent European economic health, as we said before, and the DAX 30 includes its European CAC 40 peers in France and FTSE 100 in the UK and other indicators to come. Strong countries in the European Union.
One of the characteristics of the German DAX is that it is highly liquid and therefore good to trade in case you have a large capital and it respects long and short term technical analysis