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You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Category: Commentary

Commentary
Richard Perry

DAX corrective momentum beginning to take hold

DAX Xetra (cash index) After a few days of consolidation the DAX is suddenly coming under selling pressure, but has the outlook changed? It would seem as though with the early break of the two week uptrend this morning and a move to a one week low, the market is

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Commentary
Richard Perry

FOMC hikes by 25bps. Market reaction: “Meh”

As expected, the Federal Reserve has increased its Fed Funds rate by a further 25 basis points to a range of 2.00% to 2.25%. This move was entirely priced in by the market in the run up to today’s decision, so comes as no surprise at all. But what else

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Commentary
Richard Perry

Key moment for the DAX as trendlines converge

DAX Xetra (cash index) For now, this corrective slip back from last week’s high of 12,458 has played out as an unwinding move within the recent uptrend. The bulls remain in control of the move which saw support bolstered by yesterday’s positive candle that left support at 12,322. This is

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Commentary
Richard Perry

DAX shows corrective signs as crossroads nears

DAX Xetra (cash index) A corrective candle has questioned the strength of the bulls as the market slips back within the recent uptrend of recovery and an important crossroads is neared. The move to close the bullish gap higher from Friday’s session now puts added pressure on how the bulls

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Commentary
Richard Perry

Is the DAX bull run about to see profit-taking?

DAX Xetra (cash index) As the recovery has accelerated higher in recent sessions the DAX is finding a little resistance this morning which has threatened a corrective move. After such a strong run of gains and positive candlesticks, it will be interesting to see how the bulls respond to this

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Commentary
Richard Perry

DAX bulls continue to see weakness as a chance to buy

DAX Xetra (cash index) The recovery continues to build as the run of bullish candles racks up and the market pushes higher within a recent uptrend formation. Within this, intraday corrections remain a chance to buy. The market has also left a strong band of support now around 12,100/12,130 with

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markets general blue
Commentary
Richard Perry

Buying into weakness on DAX as trend channel forms

DAX Xetra (cash index) A recovery on the DAX continues to progress this morning as another positive candle completed to open further gains. The move to close above the old June/August lows around 12,100/12,120 with improving momentum and suggests the bulls are now in full flow. An intraday slip to

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Markets generic blue
Commentary
Richard Perry

Buying pressure builds on the DAX as recovery pushes on

DAX Xetra (cash index) Reaction to, not only yesterday’s slip back, but also the renewed escalation in the trade tariffs have significantly bolstered the improving outlook. We talked yesterday about the reaction of the bulls being a key gauge, and they have really hit back with a decisive response. The

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Commentary
Richard Perry

Can the DAX bulls react to an early setback?

DAX Xetra (cash index) Renewed tariff threats and the DAX has dropped back again early today. The issue will be how the bulls can respond now and whether the recent recovery phase has already played out. It now means that price action in the next session or two will be

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Commentary
Richard Perry

Bulls continue to build their recovery case on the DAX

DAX Xetra (cash index) The rally of the past few sessions continues to gains traction and is now up around a key crossroads in its development. Is this going to be a sustainable recovery that continues well into next week? The answer could come in how the market responds to

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Commentary
Richard Perry

Is a technical rally about to take off for the DAX?

DAX Xetra (cash index) Prospects of a recovery remain on course after a positive reaction to initial selling pressure during yesterday’s session. Closing just 16 ticks lower on the day was a positive result from having been 120 ticks lower at one stage and today’s early pull higher is helping

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Markets generic red
Commentary
Richard Perry

DAX bulls struggling to ignite the technical rally

DAX Xetra (cash index) The potential for a near term technical rally forming is still developing, but rather than a “V” shaped bounce, it could be a slow burner of a recovery. I have been discussing for a couple of days now whether the DAX was stretched and due a

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Commentary
Richard Perry

Is DAX beginning to find support for a recovery?

DAX Xetra (cash index) Is the selling pressure beginning to subside? That is the question DAX traders will be asking themselves after a couple of weeks of consistent and decisive moves lower that have broken key technical levels. The DAX posted a long legged Doji candle on Friday (which included

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Commentary
Richard Perry

DAX still under pressure but is a technical rally due?

DAX Xetra (cash index) The bears remain in force for the DAX as yesterday’s session once more showed the selling pressure ramping up into the close. An intraday failure around the underside of the old June low of 12,104 would have been a real disappointment for the bulls, however, once

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markets general blue
Commentary
Richard Perry

DAX continues to slide but is a technical rally coming?

DAX Xetra (cash index) A decisive downside break of key support has pulled the DAX to levels not seen since April, but will the selling pressure continue? The near term technical momentum behind the move lower is certainly running away, with the market now it is eighth session of decline

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Trader pensive market lower
Commentary
Richard Perry

Pressure growing on key support for the DAX

DAX Xetra (cash index) The selling pressure that has grown over recent sessions is now setting up for a test of the key June low at 12,104. Yesterday’s huge bear candle may have only seen the market around 135 ticks lower into the close, but the psychological impact of the

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