Stock index DAX 30 forecast & analysis on July 18, 2017


Stock index DAX 30 is trading at the level of 12610.4. DAX 30 is trading within the Ichimoku Kinko Hyo Cloud, indicating a flat trend along the DAX 30. The Ichimoku Kinko Hyo Cloud Upper Test is expected near the level of 12635.0, from which it is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 12480.0.

Stock index DAX 30 forecast & analysis on July 18, 2017

Stock index DAX 30 forecast & analysis on July 18, 2017

Earlier, a weak signal was obtained for the buying of the exchange index DAX 30, due to the crossing of signal lines at the level of 12432.0. Consider buying the exchange’s index is with the breaking of the upper boundary of the Cloud Ichimoku Kinko Hyo and the closing of quotes above the level of 12700. 0, in the case of breaking the lower boundary of the Cloud, Ichimoku Kinko Hyo should expect the continuation of the development of the downward trend for DAX.


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