DAX Forecast August 4, 2014, Technical Analysis » Fx Empire …

DAX Forecast August 4, 2014, Technical Analysis » Fx Empire …

Get Forex buy/sell signals directly to your email and by SMS.

To learn more click here

The DAX as you can see had a very negative Friday, mirroring the horrible session went on Thursday. The market sits at the €9200 level right now, but we think that the real support is down at €9000 where we have seen so much in the way of trading interest in the marketplace. With that, we feel that the market should bounce from that area, but right now we think that there might be a short-term selling opportunity on a break below the €9200 level, or more importantly the bottom of the range for the Friday session.

 

DAX Forecast August 4, 2014, Technical Analysis

Read more:

DAX Forecast August 4, 2014, Technical Analysis » Fx Empire …

See which stocks are being affected by Social Media

Share this post