Tag Archives: DAX
Market Preview – 28 December 2011
Forex Overnight: EUR trading lower against USD The Euro has weakened against the USD, this morning, ahead of the Italian bill auction scheduled later today, consisting of €9.0 billion of 179-day bills and €2.5 billion of zero-coupon 2013 securities. Additionally, market expectations that Italian business confidence for December, scheduled to be released tomorrow, would show […]
European Stocks Close Higher
European stocks closed higher in holiday-thinned trading Friday, helped by energy stocks such as BP PLC and drug shares like Roche Holding AG.
Can US economy pull Europe out of its debt vortex?
Last US economic data presents before Christmas Yesterday economic data out of the US showed yet again that the patient is alive as initial jobless claims came in very strong for the second consecutive week pushing the 12-week rolling trend figure further down. Also the leading indicators came in better than expected driven by a […]
Market Preview – 23 December 2011
Forex Overnight: EUR trading higher The EUR and the GBP have strengthened against the USD, this morning, as risk appetite amongst traders improved, following largely positive economic data released in the U.S. yesterday. Additionally, market expectations that the U.S. consumer spending and new home sales figures scheduled later today will show an improvement have further […]
DAX ANALYSIS
The DAX formed yesterday a negative day reversal completely reversing the tone we had in the morning. Only a daily closing below 5773 will confirm a s/t top favouring lower levels.
UK Morning Briefing
Forex Overnight: EUR trading almost flat The EUR is trading almost flat against the major currencies, this morning, ahead of the European Central Bank (ECB) President, Mario Draghi’s speech later today. Investors have turned skeptical about the liquidity situation in the European financial system, following the higher-than-expected demand by banks for the first tranche of […]
DAX ANALYSIS
The DAX is confirming the expected test of the 200 hours line at 5908; an hourly closing above this line will support an extension of the move up suggesting a 6000 overshooting!!
DAX ANALYSIS
The DAX confirmed a weak closing, below the support of the outside day, suggesting further downside risk toward the 5585/35 gap up area!!
DAX ANALYSIS
The DAX confirmed on Friday further consolidation interior the positive outside day with 5820 – 5645 still the levels to follow in the coming hours.
DAX ANALYSIS
The DAX formed yesterday a positive outside day reversal with now 5820 – 5645 the levels to follow in the coming hours. A daily closing above 5820 will already resume the move up suggesting a 6000 overshooting!!
DAX ANALYSIS
The DAX confirmed another weak closing last night suggesting further downside risk and this could mean still a drop toward the gap up area 5567 – 5463.
DAX ANALYSIS
The DAX confirmed another weak closing last night suggesting further downside risk and this could mean still a drop toward the gap up area 5567 – 5463.