Dax Rallies into Previous Support Level Forex Stocks indices Markets Trading Wallstreet
has offered support just below, and I think that extends down to the 200-Day EMA, which is a typical support region. Ultimately, a short-term pullback should continue to see buyers in that area get long again. However, if we were to break down below the 200-Day EMA, then it’s possible that the DAX could drop down to the €13,000 level, possibly even down to the €12,500 level which had previously been so important.
However, there may be traders out there looking for the European Central Bank to jump in and loosen everything, so that might be part of what we have seen in this market. After all, traders have been taught to pay close attention to central banks more than anything else over the last 14 years, due to altering easy monetary policy around the world.
The real question now is where we go once all the traders come back. By the end of the week, we should have an idea as to the directionality of this market, so I’m not necessarily in a huge rush to put a position on, but I do recognize that the previously mentioned level should be paid close attention to, as it should open the possibility of momentum in one direction or the other.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
France Box Office Sees Strong Recovery In 2022 With Admissions Up 59% Over Previous YearFrench cinemas amassed nearly 152 million admissions in 2022, new data from the National Cinema Center (CNC) shows. That’s an estimated 26.9% off the pre-pandemic three-year average (2017-2019), an…
Baca lebih lajut »
Stock Market Outlook 2023: Risks Skewed to the Downside | Investing.comStocks Analysis by Fawad Razaqzada covering: DAX, Nikkei 225, DAX Futures, US Dollar Index Futures. Read Fawad Razaqzada's latest article on Investing.com
Baca lebih lajut »
Kristen Bell, Dax Shepard’s Sweetest Moments With Daughters Lincoln, DeltaKristen Bell and Dax Shepard’s love for their daughters, Lincoln and Delta, is hard to miss — even though the couple keep their family life mainly private.
Baca lebih lajut »
Dax Shepard and Kristen Bell's Most Honest Parenting QuotesDax Shepard and Kristen Bell have been especially open about their experiences parenting daughters Lincoln and Delta — see more
Baca lebih lajut »
PBOC sets USD/CNY reference rate at 6.9475 vs. 6.9646 previousOn Tuesday, the People’s Bank of China (PBOC) set the USD/CNY central rate at 6.9475 versus Monday's fix of 6.9646 and market expectations of 6.9477.
Baca lebih lajut »
'Hitman 3' owners will get the previous two games for free | Engadget'Hitman 3' will soon be renamed 'Hitman: World of Assassination' and include access to the previous two games.
Baca lebih lajut »