DAX making a bullish Flag

DAX was up on Thursday after testing the low level of 20304 in the last trading session as The DAX gained traction and closed higher on Wednesday afternoon to close 0.4% higher at 20,415, after inflation in the US came in line with expectations, reinforcing bets the Fed will deliver another 25bps rate cut next week. In addition, traders await the ECB monetary policy decision tomorrow, expecting a fourth rate cut and clues on next year’s rate policy. Meanwhile, a batch of corporate updates prevented further gains.

Recent News

DAX fall from daily TL.

November 12, 2024

Market Insights

GOLD'S HEAD AND SHOULDERS PATTERN EMERGE...

June 06, 2025

Market Insights

US Presidential Election: Key Market Imp...

November 05, 2024

Market Insights

Gold Price Eyes 2928 Resistance as Bulli...

March 05, 2025

Market Insights

Gold oscillating within a range ahead of...

March 07, 2025

Market Insights

Gold Consolidates Near Key Support Will...

February 26, 2025

Market Insights

Maddy

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window