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Technical Analysis

DAX30 neutral between 12,500 and 12,800 - but with a bullish touch


DAX30 neutral between 12,500 and 12,800 - but with a bullish touch

Economic events calendar

Source: Economic Events August 10, 2020 - Admiral Markets' Forex Calendar


Over the last trading week, the German DAX30 worked within a clearly identifiable range, and the technical levels to watch are between 12,500 and 12,800 points.

After the Germ

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Is the EUR/USD headed for 1.1900, driven by NFPs, for the weekly close?


Is the EUR/USD headed for 1.1900, driven by NFPs, for the weekly close?

Source: Economic Events August 7, 2020 - Admiral Markets' Forex Calendar


The Euro continued to profit from ongoing US dollar weakness and the drift lower in US Treasury yields which closed at new all-time lows.

In fact, the USD weakness for the start of this trading week

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Physical Gold delivery on the rise – 2,000 USD only a stop-over?


Gold hits new all-time highs

Source: Economic Events August 5, 2020 - Admiral Markets' Forex Calendar


After pushing to new all-time highs and focusing on 2,000 USD last week, Gold bulls pushed took the precious metal finally above the 2,000 USD mark.

Technically speaking, the mode still looks quit

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Amazon, Apple and Co. keep the DAX30 above 12,000 points – how long?


DAX30 stabilises thanks for the US tech sector

Economic events calendar

Source: Economic Events August 3, 2020 - Admiral Markets' Forex Calendar


The German DAX30 took a serious hit last Thursday, when it aggressively broke below 12,800 points by dropping more than 4%. Currently, it seems as if the only reason that is didn't drop even further

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After the Fed: the EUR/USD to attack 1.2000 due to further USD weakness?



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