| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro- Ethereum Daily Outlook

FxWirePro-Crude Oil Daily Outlook

FxWirePro- Major Pair levels and bias summary

FxWirePro- Gold Daily Outlook

FxWirePro: GBP/NZD pauses decline, downside risk remains

FxWirePro:EUR/NZD outlook weaker on renewed downside pressure

FxWirePro:EUR/NZD extends losses, as kiwi dollar firms

FxWirePro:EUR/AUD dips below lower range, bearish bias increases

FxWirePro :GBP/AUD gains some ground but bias is still bearish

FxWirePro- Major pair levels and bias summary

FxWirePro- Silver Daily Outlook

FxWirePro: EUR/AUD downside pressure builds, key support level in focus

FxWirePro- Ethereum Daily Outlook

FxWirePro- Silver Daily Outlook

FxWirePro- ARUSD (Chart of the day)

FxWirePro- FTMUSD (Chart of the day)

FxWirePro- LINKUSD (Chart of the day)

©Econometrics LLC . All Rights Reserved.

DAX faces strong resistance around 9860, break above targets 10165/10300

Monday, February 1, 2016 7:24 AM UTC

Major resistance - 9860 (trend line joining 10164 and 9925)
The index has recovered till 9840 after making a low of 9591(28th Jan 29th 2016). It is currently trading at 9833.
DAX is facing strong resistance around 9878 and any further bullishness can be seen only above that level. Any break above 9878 will take the index to next level 1000/10165.
On the lower side minor support is around 9748 and break below targets 9700/ term weakness only below 9560.

It is good to buy above 9860 with SL around 9700 for the TP of 10000/10165/10300

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

FxWirePro- Ethereum Daily Outlook

FxWirePro: GBP/NZD pauses decline, downside risk remains

FxWirePro:EUR/NZD hits two month low, more downside expected

FxWirePro: EUR/AUD downside pressure builds, key support level in focus

FxWirePro: GBP/AUD under pressure after early buying dries up

America’s Roundup: Dollar mostly flat as market mulls inflation outlook ,Wall Street end mixed, Gold gains, Oil gains 1% on hopes of firmer demand

FxWirePro- Major Pair levels and bias summary

Delays in western aid have put Ukraine in a perilous position

Out with the old: Blue- and white- collar job labels aren’t cutting it anymore

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

DAX faces strong resistance around 9860, break above targets 10165/10300

Editor's Picks

Welcome to EconoTimes