Dax - Breakout in Play!
We got some decent news over the weekend:
US/China trade truce, constructive surprise
Trump meeting with Kim Jong Un, a Russian/Saudi OPEC+
agreement on extending cuts. The markets are currently
digesting this risk-on sentiment with CHF and Jpy sold,
NZD, CAD and USD bought, and equities strong.
We like Dax longs this week especially after the
strong gap open.
Buy on a break of 12592 looking for 12740s!
US/China trade truce, constructive surprise
Trump meeting with Kim Jong Un, a Russian/Saudi OPEC+
agreement on extending cuts. The markets are currently
digesting this risk-on sentiment with CHF and Jpy sold,
NZD, CAD and USD bought, and equities strong.
We like Dax longs this week especially after the
strong gap open.
Buy on a break of 12592 looking for 12740s!
Join over 42,000 traders and get the Forex Course for Smart Traders - 17 in-depth lessons - always 100% free at MarketMates.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.