The stock index DAX 30 is trading at the level of 12602.5. DAX 30 is trading above the upper limit of the Ichimoku Cloud, which indicates an upward trend in the DAX 30. A test of the signal line area near the level of 12550.0 is expected, from which it is expected to attempt a growth and development of the bullish trend on the DAX 30 Index for growth to the level of 12740.0.
Ichimoku Kinko Hyo Forecast DAX 30 on May 8, 2017
Previously, a strong signal was obtained for the purchases of the DAX 30 Stock Index, due to the intersection of the signal lines at the level of 12457.0. The cancellation of the growth option will be the breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotations below the area of 12280.0, which will indicate a change in the upward trend in favor of the downward trend. Expect to accelerate the growth of quotations of the Stock Market Index DAX 30, with the breakdown of the local maximum area at the level of 12660.0.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
