At the end of May, we noted that the German stock index DAX 40 (Germany 40 mini on FXOpen) was exhibiting significantly stronger performance compared to other global equity indices. However, we also highlighted the 24,100 level as a strong resistance zone. Two months have passed, and the chart now suggests that bearish signals are […]
The post DAX Index Losing Bullish Momentum appeared first on Action Forex.
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European currencies are showing subdued dynamics, entering a consolidation phase following their previous advance. Earlier, EUR/USD and GBP/USD broke out of their ranges and strengthened; however, the subsequent correction has led both pairs to retest Read more…
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