Outlook for August 4th: DAX with rebound. Aareal, Nordex and Varta in the spotlight!
Tomorrow, from Germany, among other things Bayer, Evonik, Fraport, Hugo Boss, Infineon, Schaeffler and TeamViewer Publish figures for the past business quarter. The figures for the rest of Europe are BP and Intesa SanPaolo and from the USA the data from Walt Disney in the focus of investors.
Important appointments
- Europe – producer prices
- USA – Industry order intake, June
Chart-technical outlook
Resistance marks: 12.770 / 12.870 points
Support marks: 12,230 / 12,380 / 12,530 points
The DAX® started trading friendly and rose around 330 points during the day. The index meets a cross resistance in the range of 12,770 points. From a technical point of view, if the jump over this brand is successful, the index has room for improvement up to 12,870 / 12,900 points. On the bottom, the index is supported in the range of 12,530 points. Below this mark, the mood could quickly change again.
DAX® in points; 1 hour chart (1 candle = 1 hour)
Viewing period: 01.07.2020 – 03.08.2019. Historical considerations are not reliable indicators of future developments. Source: tradingdesk.onemarkets.de
DAX® in points; Weekly chart (1 candle = 1 week)
Viewing period: 07/31/2014 – 07/30/2019. Historical considerations are not reliable indicators of future developments. Source: tradingdesk.onemarkets.de
Inline warrants on the DAX®
| Underlying | WKN | Sales price in euros | Lower knock-out barrier in Pts. | Upper knock-out barrier in points | Finaler Valuation day |
| DAX® | HZ22QZ | 6.26 | 11,000 | 13,700 | 17.09.2020 |
| DAX® | HZ22NB | 8.19 | 10,600 | 14,000 | 17.09.2020 |
Source: HypoVereinsbank onemarkets; As of August 3, 2020; 6:01 p.m.
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