Indice DAXLong
DAX Wave Analysis 29 January 2025
- DAX broke the key resistance level 21500.00
- Likely to rise to resistance level 22000.00
DAX index recently broke the key resistance level 21500.00 – which stopped the previous minor impulse wave i earlier this month.
The price earlier reversed up from the upper trendline of the daily up channel from August (which is acting as the support after it was broken previously in December).
Given the powerful daily uptrend, DAX index can be expected to rise further to the next resistance level 22000.00 (which is the target price for the completion of the active impulse wave 5).
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
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Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.