Markets

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®

UnderlyingWKNSales price in eurosLower knock-out barrier in Pts.Upper knock-out barrier in pointsFinaler Valuation day
DAX®HZ22QZ6.2611,00013,70017.09.2020
DAX®HZ22NB8.1910,60014,00017.09.2020

Source: HypoVereinsbank onemarkets; As of August 3, 2020; 6:01 p.m.

You can find information on how inline warrants and numerous other products work here at onemarkets knowledge. You will find leverage and investment products for speculation on an upward or downward movement or sideways movement of the DAX® here.

NEW: Get back a large part of your trading costs! Place orders as usual through your broker or bank. Cashback via the free Cashbuzz app or online activate. Credit of up to 50 euros, per trade from 1,000 euros, takes place in a few days – up to a maximum of 250 euros per month. More information at: www.onemarkets.de/cashback

Tags

Related Articles

Back to top button
Close
Close