Technical Analysis DAX , GER30 - 1,4 september 2020

 Weekly Analysis Ger30, DAX , GER30 - 1,4 september 2020

 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.


read this technical analysis for dax 30  until the end because we always include dax 30  trading tips in our weekly dax 30  forecast (weekly outlook) no matter if you do swing trading or day trading…

Dax 30 posted strong gains last week. There is an updated technical analysis for Dax 30.

Daily Analysis of the German DAX , GER30 - 1,4 september 2020

Dax 30  completes the trading week near the area of ​​1294. Daw 30 continue to move within the correction and the downward channel. Moving averages indicate a bearish trend, indicating pressure from sellers.the continuation of the fall of dax 30 with a potential target below the level of 12756.

The general trend for dax 30, GER30 - 1,4 september 2020

Going down

 

 Technical Analysis DAX , GER30 1,4 september 2020 and chart

Technical Analysis DAX , GER30 1,4 september 2020 and chart

Analysis tools :

Fundamental analysis.

Wave analysis.

Technical Analysis :

·       Supply and demand zone .

·       Fibonacci retracement levels.

·       Support and résistance zone.

·       Moving average (MA).

·       Trend line.

·       Belkhayate systeme

Note

 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.


Read More : Belkhayate System

Technical Analysis DAX , GER30 1,4 september 2020

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