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DAX Exchange Rate
DAX Pivot Points
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 15647.5000 | 15698.5000 | 15661.5000 | 15712.5000 | 15675.5000 | 15726.5000 | 15689.5000 |
| Fibonacci | 15698.5000 | 15703.8480 | 15707.1520 | 15712.5000 | 15717.8480 | 15721.1520 | 15726.5000 |
| Camarilla | 15628.3500 | 15627.0667 | 15625.7833 | 15712.5000 | 15625.7833 | 15627.0667 | 15628.3500 |
| Woodie's | 15603.5000 | 15676.5000 | 15617.5000 | 15690.5000 | 15631.5000 | 15704.5000 | 15645.5000 |
| DeMark's | - | - | 15680.0000 | 15721.7500 | 15694.0000 | - | - |
DAX Latest Updates
The DAX initially pulled back a bit during the trading session on Wednesday but then turned around to rally towards the highs yet again.
The DAX Index did pull back a little bit during the trading session on Tuesday, but it is not much to worry about at this point.
The DAX Index rallied a bit during the trading session on Monday, breaking towards the 15,775 level.
The DAX Index rallied rather significantly during the trading session on Friday, using the 50-day EMA as a bit of a launchpad.
This is a market that clearly showed a proclivity to continue the uptrend during the day.
The DAX Index fell initially during the trading session on Monday but recovered nicely from the trendline that has been so important for so long.
The DAX Index gapped higher to kick off the trading session on Friday, but then went back and forth to show signs of hesitation.
The DAX has gone back and forth during the trading session on Thursday as it looks like we are bit hesitant to continue going higher.
The German index has rallied a bit during the trading session on Tuesday to show significant momentum continuing to the upside.
The DAX Index gapped a little bit to open up the session on Friday, but then pulled back to reach towards the 15,500 level.
The DAX has rallied ever so slightly during the trading session on Thursday as we continue to see the uptrend line offer support.
The DAX fell down to the 15,500 level before turning around and showing signs of life to form a bit of a hammer for the trading session.
The DAX initially dropped during the trading session on Monday, dipping below the 50-day EMA before recovering quite nicely.
The German index gapped lower to kick off the trading session on Thursday, but as you can see, we have recovered the complete loss, and have even closed at the very top of the range.
The DAX Index was relatively quiet during the trading session on Wednesday as we continue to hang near the 15,700 level.
Yesterday saw another record high achieved by the DAX Index as its bullish trend remains strong and clear.
The DAX Index initially shot higher during the trading session on Monday to kick off the week on the right foot.
The DAX market rallied significantly during the trading session on Friday to end the week at the very top of the range, closing just above the 15,700 level.
The DAX fell during the trading session on Wednesday to reach down towards the 15,500 level. See today's forecast here.
At this point, it looks very likely that the DAX will continue to find buyers on dips, just as it had on multiple times previously.