Wednesday, February 8, 2017

Financial markets - Stabilizing opening with small profits expected for European markets - DAX

Market comment ..

Good morning Europe .. stabilizing opening with small profits expected for European markets. The good corporate earnings kept the good climate on Wall Street, but concerns about the new economic policy remain. Stabilizing close the Dow Jones Industrial Average, yesterday evening, with small profit + 0.19% to 20,090,30 m. Mixed picture show the Asian markets due to the drop of oil to be Nikkei index was + 0.51% to 19,007,60 m. Gold recorded small losses - 0.11% to $ 1,232.08 and Brent oil losses at $ 55.05 .. while the EUR / USD rate dropped - 0.61% to 1.0678. The Traders Maybe you should move to a risk management of the portfolio as stagnation remains ..

DAX 30


The DAX futures of ... shortly before the opening of markets are moving with small profit + 0.19% to 11.564 m .. moving marginally below the pivot point of the EMA .. still above the Kumo cloud ichimoku the fast oscillator Chikou Span (green line) give positive divergence angle, like the fast stochastic oscillator ..



DAX futures




The German index despite yesterday's upward reaction remains below the level of Coreper indicating failure to move above the resistance of 11 605 m and the EMA 21 result Coreper 9 show a dangerous negative deviation angle. One such division is very likely to reinforce the downward scenario with the next support is located to the EMA 50 to 11 403 m 

The index fast stochastic ... still maintains the output signal .. like the MACD indicator ... moving sideways corrective action ..



Dow Jones Industrial Average



Technical Analysis view Gold



Technical Analysis view Brent Oil



Technical Analysis view EUR/USD





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