analysis
AUD USD
binary option
buy sell
Canadian Dollar
candlestick
charts
day trade
day trading
down trend
ElliottWave
Elliott Wave Theory
EUR
Euro
EUR USD
fibonacci
forecast
Forex
futures
how to trade
Japanese Yen
learn to trade
macd
make money trading
moving average
profitable trading
profits
resistance
spread betting
stochastic
stop loss
support
Technical Analysis
technical commentary
Technicals
technical trading
trade idea
trade signals
trading advice
trading education
trend line
up trend
USD
US dollar
volume
Sunday 27 Sep 2020
FWP Network > Forexhound.com > Analysis > Stock Market Analysis > Indices > Technical forecast for Dax
Technical forecast for Dax
Indices · analysis, binary option, buy sell, candlestick, charts, day trade, day trading, down trend, fibonacci, forecast
Dax caught us out with a sharp rally to 8530 but then sold off sharply as we look to test support at 8427 but we could continue lower for 8395. This is quite good support & could hold the downside today but longs could use stops below 8380 for 8364 next target but below here there is scope for 8320.
Resistance at 8466 but above 8476 we could try for 8494 & possibly a retest of yesterday’s high at 8530. Unlikely we break higher but this would allow a retest of all time highs at 8561.