The DAX futures are showing a more optimistic tone today, shifting from concerns over weak US labor market data—which initially signaled economic trouble—to a more hopeful outlook that this might prompt the Federal Reserve to consider cutting interest rates, a move that investors see as positive. This shift in sentiment has provided some reassurance as the new week begins.
Following a brief decline on Friday, the market experienced a rebound today, supported by a weekly demand zone. We’re now watching for a retest of key levels within this zone, which could serve as a potential entry point for long positions, aiming for a continuation of the upward momentum driven by the weekly support area.
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Following a brief decline on Friday, the market experienced a rebound today, supported by a weekly demand zone. We’re now watching for a retest of key levels within this zone, which could serve as a potential entry point for long positions, aiming for a continuation of the upward momentum driven by the weekly support area.
✅ Please share your thoughts about GER30 in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
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✅ TELEGRAM CHANNEL: t.me/+VECQWxY0YXKRXLod
🔥 USA ZERO SPREAD BROKER: forexn1.com/usa/
🔥 UP to 4000$ BONUS: forexn1.com/broker/
🟪 Instagram: instagram.com/forexn1_com/
🔥 USA ZERO SPREAD BROKER: forexn1.com/usa/
🔥 UP to 4000$ BONUS: forexn1.com/broker/
🟪 Instagram: instagram.com/forexn1_com/
Related publications
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.