- DAX index has shown a recovery of almost more than 500 points from the temporary low of 12076. S&P500 declined almost 60 points from the high of 2725 and closed at 2668. But S&P futures is continuing its down trend and is at 0.39% decline in Asian session.
- DAX index jumped almost 5% and jumped till 12647. It is currently trading around 12531.
- The minor bullishness can be seen only if it closes above 12660 (233- day MA) and any close above will take the index to next level till 12890/13050 (100- day MA). It should break above 13600 for further bullishness.
- On the lower side, near term major support is around 11800 and any break below will drag the index till 11400/11000.
It is good to sell on rallies around 12650-700 with SL around 13000 for the TP of 11860.


Bitcoin Bulls Hold Key EMAs Above $64,000—Is a Rally Toward $70,000 Next?
FxWirePro: GBP/AUD under pressure as the pair continues to weaken
FxWirePro: USD/ZAR extends decline, scope for further downside
FxWirePro- Major Pair levels and bias summary
NZDJPY Bears Reload: Sell Rallies to 90 as All EMAs Turn Hostile
FxWirePro: GBP/AUD edges lower, bearish outlook persists
FxWirePro: NZD/USD eases as NZ unemployment surges in Q2
EUR/USD Eyes 1.1660 Breakout: Buying Dips Near 1.1530 as Geopolitical Tensions Ease
FxWirePro : EUR/NZD gains upside momentum but still bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure
FxWirePro: GBP/USD edges higher as markets track U.S.-Iran talks and oil moves
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 



