Tuesday, May 31, 2016

Stabilizing opening is expected in the European markets ... DAX

Σχόλιο Αγοράς..

Reuters
The Economic spreadbetter expect the FTSE 100 of Britain the DAX of Germany and France's CAC 40 will open with gains of 0.10 to 0.2% .. background with the upward movement of the dollar against the euro ..

DAX 30


The DAX futures  ... shortly before the opening of markets stabilizing move with profits of 0.28% at 10 361 m .. marginally above the resistance of 10.350 m ..

DAX futures




The German index continued its upward reaction by strong, as demonstrated in support of 9770 m .. with an upward streak 5 conference opened at the top edge of the Bollinger Bands .. closing marginally below the strong resistance of 10,350m ..

But it should however be noted that the oscillator pointer fast stochastic .. moving up from its resistance to ultra high purchased price band ... with a high probability to provide temporary corrective action to discharge acting by potential target area ΕΜΑ  .. 9 on 10.150 m .. targeting the upward gap  there ... a move that does not jeopardize the upward scenario ... as the oscillator MACD index .. has cut through low prices giving input ... with strong positive divergence ..


On 10,350m .. and 10.440 ... resistors identified, while support is located at 10,150 m .. 

source market data http://www.reuters.com/



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