![]() We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. With the 12,700-psych level currently in play, the weekly CCI (commodity channel index) has risen back from oversold territory (a possible suggestion that the bears may be running out of steam).Ĭhart prepared by Tammy Da Costa using TradingView What is Earnings Season & What to Look for in Earning Releases? Dax 40 Technical AnalysisĪs Dax futures aim for their third consecutive week of gains, both psychological and technical levels continue to provide support and resistance for the European index. ![]() With Germany 40 futures heading back towards 12,700, UK 100 is holding above 6,855 while Dow Futures retest 30,000.Īlthough interest rates and recession fears continue to rise, major stock indices have shrugged off recent losses as investors shift their attention to Q3 earnings. ![]() Dax 40, FTSE 100, Dow Jones head higher – USD weakness & lower yields buoy gainsĭax, FTSE and Dow Jones have opened the week higher as a weaker US Dollar (USD) and lower Yields boost demand for risk assets. ![]()
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