Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Commodities, Stocks, and Indices
Indices Updates by Solid ECN
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="SOLIDECN, post: 213468, member: 80239"] [JUSTIFY][img]https://i.ibb.co/VJcb5ST/800x80.png[/img][/JUSTIFY] [HEADING=1][JUSTIFY]DAX 40 - German stock market remains under pressure[/JUSTIFY][/HEADING] [JUSTIFY]Despite the fact that the leading stock indicators of the Eurozone showed strong growth in yesterday's trading, the German market index was able to interrupt its global decline only briefly, and now the DAX 40 is correcting down, trading at 12140. The upward dynamics was a reaction to the rhetoric of the President of the European Central Bank (ECB) Christine Lagarde, who announced an increase in interest rates at at least three subsequent meetings of the regulator. At the same time, the GfK Group published October data on the indicator of Consumer Confidence in Germany, which is the leading indicator. The value turned out to be the worst in the history of observations, dropping to -42.5 points from -36.8 points in September, which was the main reason for the negative dynamics of the DAX 40 index. [img]https://i.ibb.co/z2dPCZj/dax.png[/img] On the daily chart of the asset, the price is trading within the global descending channel, falling towards the support line. Technical indicators have been holding a sell signal for a long time: fast EMAs on the Alligator indicator are moving away from the signal line, and the AO oscillator histogram, having moved into the sell zone, continues to form downward bars. [B]Support levels[/B]: 11850, 11200 | [B]Resistance[/B] [B]levels[/B]: 12400, 13060[/JUSTIFY] [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…