September 13th – Weekly Trading Levels for DAX & CAC
The global stocks opened with a sharp bullish trend since tensions between the United States and North Korea have lessened. However, the Ge
The global stocks opened with a sharp bullish trend since tensions between the United States and North Korea have lessened. However, the German 30 and FRA are in the overbought trading zone, and it seems investors may halt buying European indices until there is a retracement.
Let's take a look at weekly trading levels for the DAX (German Index) & CAC (France Index). Keep a close eye on every resistance, as it can be a level where the market shows reversals. In addition, learn more about FX Leader's support and resistance trading strategy to trade profitably.
DAX – Weekly Trading Levels
Support Resistance
S1: 12410 R1: 12554
S2: 12365 R2: 12599
S3: 12293 R3: 12671
Key Trading Level: 12482.45
CAC40- Weekly Trading Levels
Support Resistance
S1: 5154 R1: 5221
S2: 5133 R2: 5242
S3: 5100 R3: 5275
Key Trading Level: 5187
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