20.11.201908:45 Forex Analysis & Reviews: Mighty DAX LT_comeback or late to the party?

Long-term review

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

The mighty DAX has been for a long time the best performer not only in Europe but globally. Back in 2013, it already regained the values previous to the Big Crisis (> 8,000 level), being the strongest among the European Indices. Actually it has been the only, as netiher the CAC nor the IBEX or FTSEmib have achieved this target yet.

The German one has been the only EU index following the successful path of its American peers. However, in early 2018, close to 13.500 level, something changed.

Without taking a clear stance over what will be next (even if probably you are about to undersatnd I'm not a raging bull at these valuations), it must be said that actual levels are very interesting for entering a trade, even in the mid-long term, with some great risk-rewards ratio.

Stay safe!

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.