Market forecast: DAX, Barrat Developments & Dixons Carphone – City Index

Ken Odeluga, Market Analyst at City Index, presents macro-technical outlook on Germany’s DAX 30 index, UK’s Barrat Developments and Dixons Carphone. While talking about Germany’s DAX, Odeluga says the breach of a major trend line resistance a couple of weeks ago makes the index look extremely bullish. He also talks about the correlation between the European stocks/DAX and Euro.