DAX30 has jumped sharply on Friday following footsteps of US markets. US markets closed higher for 4th consecutive weeks on US-China trade hopes and jumped nearly more than 14% from low made on Dec 26th 2018. DAX formed a minor bottom around 10281 and shown a massive recovery of more than 9.50%. It hits high of 11260 and is currently trading around 11186.
The index is holding well above 11000 level and this confirms further bullishness a jump till 11592/11869 likely.
On the lower side, any violation below 10781 (78.6% fib) confirms minor weakness and break below targets 10689/10402.
It is good to buy on dips 11000 with SL around 10780 for the TP of 11590/11869.


FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro- Major European Indices
FxWirePro- Major European Indices
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
FxWirePro: USD/CAD pauses decline,critical support lies ahead
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments 



