German Stock Index (“The more one judges, the less one loves.”)
View On German Stock Index (8 JULY 2020)
DAX has hit a strong resistant level of 12,800 a few days back and it is making a pullback.
It may slide down for a while but DO be careful of the strong support region.
It starts fro, 12,050 to 12,450 region. So, the price may drop to those regions, please be aware that the above-mentioned region shall support the price very well.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
DAX has hit a strong resistant level of 12,800 a few days back and it is making a pullback.
It may slide down for a while but DO be careful of the strong support region.
It starts fro, 12,050 to 12,450 region. So, the price may drop to those regions, please be aware that the above-mentioned region shall support the price very well.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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Week 32/2020 is going to be a heavy one with tons of high impacts news await.
Currently, the index is sitting pretty at 12,350 region for now. If there is any bearish momentum comes in, it shall break.
The next support is 12,000 region.