Tuesday’s session was really wild. Dax first dropped to our support at 11 987, where we found buyers. After we tested the support, Dax quickly shot upward. Our resistance levels did not stand a chance in such an upward move. Same as in recent days, we already have closed today’s gap.
Important zones
Resistance: 12 433
Support: 12 219, 12 125
Statistics for today
Detailed statistics in the Statistical Application
Macroeconomic releases
20:00 CEST – USD – FOMC!
Today’s session hypothesis
Today is FOMC! For this reason, we are probably going to slow down and wait for the FOMC announcement in the afternoon session. In the morning we can expect a short move towards the 12 219 where we could find buyers. If buyers are stronger in the morning, the main target and resistance are at 12 433. The FOMC announcement is associated with significant volatility, be careful.
Important zones
Resistance: 12 433
Support: 12 219, 12 125
Statistics for today
Detailed statistics in the Statistical Application
Macroeconomic releases
20:00 CEST – USD – FOMC!
Today’s session hypothesis
Today is FOMC! For this reason, we are probably going to slow down and wait for the FOMC announcement in the afternoon session. In the morning we can expect a short move towards the 12 219 where we could find buyers. If buyers are stronger in the morning, the main target and resistance are at 12 433. The FOMC announcement is associated with significant volatility, be careful.
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