Dax 30 Price Technical Analysis: Weekly Chart
In the weekly charts, DAX 30 is trading in an upward channel.
DAX 30 is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level.
DAX 30, will follow an uptrend in the coming weeks.
The DAX 30 crucial support level is at 14812.2 which is near 20 days SMA as of now. There are no signs of a bearish trend.
Bulls have their tight grip on DAX 30.
DAX 30:- DAILY SCENARIO
In the daily charts, DAX 30 is in an Upward channel.
There is a clear Upward which will continue until there is any reversal in trend.
DAX 30 is trading Above All the moving averages. RSI which is 76.46. Suggest DAX 30 to move in a Positive Direction
DAX 30 is near at its crucial support of 20-days SMA if it breaks this support, it will possibly test the 50-days SMA level
Bulls have a tight grip on DAX 30.
How to Trade DAX 30 For this Week:
Bullish on the DAX 30 is preferable as now. Follow stop-loss strictly.