• DAX reversed from key support level 15500.00
• Likely to rise to resistance level 15750.00
DAX index recently reversed up from the key support level 15500.00 (former strong resistance from April – which has been reversing the price from the end of May).
The upward reversal from the support level 15500.00 stopped the previous short-term corrective wave (ii) from the start of June.
Given the strong daily uptrend – DAX index can then be expected to rise further toward the next resistance level 15750.00.
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
Bitcoin finds support near the 50-day moving average, but further declines in the stock market…
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
This website uses cookies
