DAX and FTSE 100 Forecast August 25, 2021

DAX and FTSE 100 Forecast August 25, 2021

[Music] from daily forex this is chris taking a look at the um dax and the footsie 100 and as you can see the dax has rallied just a bit during the trading session looks like 16 000 will be challenged again short-term pullbacks towards the 50-day ema also come into the picture as that is a technical indicator that we have been paying quite a bit attention to um after that then 15 000 it’s a buy on the dip situation and will continue to be the ftse 100 has hung around the 7100 level which is an area you can see has been important the 50-day ema has offered support and the uptrend line as well as the 200-day ema kind of holding up this channel if you will if we can take on 7190 then we are likely to go much higher [Music]
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DAX and FTSE 100 Forecast August 25, 2021

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