FX.co ★ Daily Forex Analytics. Forecast of the currency exchange rate for today

After one strong week and a bottom at 14,581, DAX is consolidating near the upper channel boundary resistance. Price has so far managed to retrace 38% of the entire upward...

US stock index futures started Friday's trading in the red. The S&P 500 futures dropped by 0.2%, while the tech-heavy NASDAQ fell by 0.3%. The US dollar retreated from...

DAX is under pressure today. After back testing the broken support trend lines from below, price got rejected and we are now under pressure again. DAX is challenging the short-term...

DAX index is trading around 16,038 after reaching as high as 16,214 yesterday. Price reached and back tested the second trend line. Price is getting rejected. A few days...

Back on June 27th we posted an analysis talking about the increased chances of a bounce in the DAX index towards 16,080. At that point the daily candlesticks were implying...

DAX index is trading around 15,960. In our previous analysis we noted the increased chances of a move higher towards 15,950 which was our first bounce target and the daily...

Dax index is trading around 15,860. The last 3 daily candlesticks have long lower tails suggesting that buyers step in when price approaches 15,700. Although price has broken both upward...

DAX is trading at new all time highs. In previous posts we noted the technically trend remained bullish and bulls were safe as long as price remained above the green...

DAX index is trading around 15,830. Price has formed a lower high at 16,076 which is important short-term resistance. Price is now challenging the green support trend line. Bulls...

DAX was under pressure most of last week falling as low as 16,000. Price has managed to respect and stay above both the green upward sloping support trend line...