DAX analysis for 9.4.2020
Hello,
yesterday
FDAX1! tried to go lower several times during European session. Sellers were more aggressive than buyers as you can see from the chart. When the price was going down, the movement was much faster than when it was coming back up. But eventually they were not able to break the pre-market low and the price went higher in the late afternoon.
TodayDAX might continue to grow, so we are going to be looking at some lower time frame confirmation and opportunity to get in.
Have a nice day!
FINEIGHT Team
yesterday
FDAX1! tried to go lower several times during European session. Sellers were more aggressive than buyers as you can see from the chart. When the price was going down, the movement was much faster than when it was coming back up. But eventually they were not able to break the pre-market low and the price went higher in the late afternoon.Today
DAX might continue to grow, so we are going to be looking at some lower time frame confirmation and opportunity to get in.Have a nice day!
FINEIGHT Team
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