Stock index DAX 30 is trading at the level of 12131.5. The DAX 30 continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the DAX 30. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 12250.0, from which it is expected to try to fall and further develop the bearish trend in order to decrease near the level of 11830.0.
Stock index DAX 30 forecast on August 10, 2017
Previously, a strong signal was received for the sales of the DAX 30 exchange index, due to crossing of the signal lines at the level of 12220.0. Cancellation of the variant of falling quotations of the stock index will be a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes above the area of 12460.0, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations of the stock exchange index DAX 30 is with the breakdown of the local minimum area at the level of 11900.0.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
