The German benchmark index is testing the all-time high. Will the rally continue or is a short-term double top looming?
D1 chart
The DE30 gains around 0.2% on Thursday and tests the all-time high, which was formed yesterday afternoon at 15,879 points. On Wednesday, buyers were able to prevail after the intraday dip was quickly bought and the price was subsequently pushed further up. The next price target remains the 127.2% retracement of the upward movement that began with the May 13 low (14,806 points).
Source: xStation5
M30 chart
Yesterday's rise above the multi-month resistance zone and today's test of the record high have again created more euphoria. However, the breakout should also be confirmed on the weekly chart, so the profit-taking should not be too large until Friday evening. In the M30 chart, in case of a correction, one could focus on the drawn upward trend line and the local low at the 38.2% retracement.
Source: xStation5
Maximilian Wienke, CFTe
XTB Germany
ملخص اليوم: انتعاش وول ستريت بعد بيانات مؤشر أسعار المستهلك 📈 انخفاض سعر الذهب وسعر صرف اليورو مقابل الدولار الأمريكي
افتتاح السوق الأمريكي: مؤشر ناسداك 100 يرتفع بأكثر من 1% 📈 هل عادت أسهم أشباه الموصلات إلى الانتعاش؟
التقويم الاقتصادي: التضخم الأمريكي عاملٌ رئيسي للأسواق
ملخص اليوم - ارتفاع أسعار النفط بسبب حالة عدم اليقين، والسوق ينتظر بيانات التضخم
