DAX Analysis

Market news

5 February 2018

DAX Analysis

DAX on daily time frame chart, we can see that the price has broken a support zone which have been quite important.

Also, we have moving averages crossed above the price which can give us signs of a possible new bearish movement.

Therefore, we can expect a further bearish movement by DAX near to 12276

U.S.: Services PMI, January 53.3 (forecast 53.5)

U.S. Stocks open: Dow -0.90% Nasdaq -0.84%, S&P -0.74%

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