Tuesday, December 6, 2016

Financial markets - Stabilizing opening is expected for European markets - DAX 30

Market comment ..

Good morning Europe .. stabilizing opening is expected for European markets, investors are making profits yesterday, despite the refusal of the Italian Referendum. In a first reading, the negative result was discounted ... but follow and impact, and there needs special attention ... Stabilizing close the Dow Jones Industrial Average, yesterday evening, + 0.24% at 19 216 meters. Positive picture displayed by the Asian markets, the Nikkei to make a profit + 047% to 18 360 m. Gold recorded new losses - 0.86% to $ 1,170,3o moving at low six months. Brent oil small losses at $ 54.94 .. while the EUR / USD exchange rate recorded significant gains + 1.79% to 1.0756.

DAX 30


The DAX futures of ... shortly before the opening of markets are moving with marginal gains of 0.04% to 10.704 m .. above the pivot point of 10,490m .. and above the Kumo cloud ichimoku allowing reversal of short-term trend, a positive ...



DAX futures



Continued last reaction for the German index, the support area of ​​10,400 m, a reaction that started from Friday afternoon, after the positive spin from low day .. It howeve should be noted  that it is ... much potential ... the German index to retry the resistance of 10 752 m ... with the increased possibility of new local peak formation before any corrective movement towards lower levels, as the problems in the Eurozone remain as still and problems for the banking system. 

At the technical level .... index fast stochastic ... has given us input ... moving at an average price zone. The MACD indicator ... and he gives us a positive divergence angle, moving in oblique upward movement The German index values ​​move up again by EMA on 50 10 583 m. while EMA 9 out of 10 620 m gives us a positive divergence angle, keeping the short-term upward trend ..


Technical Analysis view Gold



Technical Analysis view Brent Oil



Technical Analysis view EUR/USD




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