{"id":387073,"date":"2025-04-05T10:54:34","date_gmt":"2025-04-05T05:24:34","guid":{"rendered":"https:\/\/dripp.zone\/news\/dax-accelerates-lower-on-trade-war-escalation-crypto-news\/"},"modified":"2025-04-05T11:05:44","modified_gmt":"2025-04-05T05:35:44","slug":"dax-accelerates-lower-on-trade-war-escalation-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/dax-accelerates-lower-on-trade-war-escalation-crypto-news\/","title":{"rendered":"Dax accelerates lower on trade war escalation &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>Dax accelerated sharply lower on Friday after China announced its 34% tariffs on US goods, worsening further near term <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\" data-fxs-autoanchor=\"\">outlook<\/a>.<u\/><u\/><\/p>\n<p>The index was down nearly 5% on Friday and on track for a weekly loss of 7.5%, the biggest in more than a decade.<u\/><u\/><\/p>\n<p>Fundamental conditions are unlike to improve soon but could deteriorate and fuel expectations for further losses.<u\/><u\/><\/p>\n<p>Reversal pattern has been completed and double top left on daily <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/chart\" data-fxs-autoanchor=\"\">chart<\/a>, with formation of multiple bear crosses (10\/20\/30DMA\u2019s) with converging 10\/55DMA\u2019s about to form another bear cross.<u\/><u\/><\/p>\n<p>Weekly close below broken Fibo support at 21021 (38.2% of 17021\/23493 uptrend) to contribute to negative signals.<u\/><u\/><\/p>\n<p>Bears approach next trigger at 20257 (50% retracement) violation of which to expose 20000 zone (psychological \/ 200DMA).<u\/><u\/><\/p>\n<p>Extended upticks should stay under broken base of thick daily Ichimoku cloud (21309).<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dax accelerated sharply lower on Friday after China announced its 34% tariffs on US goods, worsening further near term outlook. The index was down nearly 5% on Friday and on track for a weekly loss of 7.5%, the biggest in more than a decade. Fundamental conditions are unlike to improve soon but could deteriorate and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":362666,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,297,246,257,7581,255,250,252,247,253,10260,249,308,256,254],"class_list":["post-387073","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-china","tag-coin","tag-cryptocurrency","tag-dax","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-realestatestocks","tag-safe-moon","tag-technical-analysis","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/387073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=387073"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/387073\/revisions"}],"predecessor-version":[{"id":387085,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/387073\/revisions\/387085"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/362666"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=387073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=387073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=387073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}