Markets

Daily outlook for August 6th: DAX listless. Gold, silver and real estate in the spotlight!

Tomorrow, from Germany, among other things Adidas, Beiersdorf, CompuGroup, Deutsche Lufthansa, Dürr, Henkel, Jenoptik, Merck, MorphoSys, Munich Re, New Work, Rheinmetall, Siemens, Symrise and Wacker Neuson Publish figures for the past business quarter.

Important appointments

  • US – Initial Jobless Claims for the Week Ending August 1

Chart-technical outlook

Resistance marks: 12,750 / 12,870 points

Support marks: 12,230 / 12,380 / 12,480 / 12,550 / 12,660 points

The DAX® started with a gap and moved up to 12,740 points in the first hour of trading. Then, however, the index ran out of breath and the daily gains crumbled again. At first, the attempt to break out of the downward trend that had formed since July 21 failed. At the close, the index can stabilize in the range of 12,660 points. However, if it falls below the level, there is a risk of a setback in the area of ​​12,550 points. Sustainable development upwards or downwards is not apparent until a breakout from the 12,550 / 12,750 point range.

DAX® in points; 1 hour chart (1 candle = 1 hour)

Observation period: 07/20/2020 – 08/05/2019. Historical considerations are not reliable indicators of future developments. Source: tradingdesk.onemarkets.de

DAX® in points; Weekly chart (1 candle = 1 week)

Viewing period: 06.08.2013 – 05.08.2019. 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®HZ03FZ4.7611,60014,00015.10.2020
DAX®HR03G75.0114,80014,800October 15, 2020

Source: HypoVereinsbank onemarkets; As of August 5, 2020; 5:37 p.m.

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