Ready to Get Started?
Start here. Join 2.9M Libertex users around the world!
European stocks open higher- DAX fills gap and meets technical objective
Following on from an earlier update covering the immediate price action and outlook for the DAX, the index has now reopened and it has met both those noted technical objectives (17,951 and 17,958) right on the opening. The index has traded to above 17,975, but it is falling back a bit now. So, despite coming close to the 18k level, the index has yet to tackle that psychologically important level. As to whether it does, or not remains to be seen. The DAX is currently trading at around 17,960
Market News
All News-
USD/JPY on the drift lower again as markets wait nervously
Earlier this afternoon the USD/JPY dropped back below the 148 handle, basing out around 147.87. An attempt to rebound off that low has just now given... -
US stocks open in the red- check out the early price action in the Dow Jones
The US stock markets have just kicked off the new week and it has been a lower start to the day for the three major indexes. As noted here much... -
No sign of any rebound for the GBP/USD- Pound sets fresh session lows at 1.3060
The dollar was the best performing major currency on Friday and no wonder, because the US September Jobs data ensured a really positive weekly close...
