Daily Insight Commentary: Monday - German Industrial Production m/m beats forecast this follows Friday’s strong September factory orders data German DAX +12% since October 13th Higher tops and higher bottoms on price indicates short term uptrend taking shape (daily chart) , however resistance in front of current price may push price lower before...
DAX Weekly Volatility Forecast 7-11 November 2022 We can see that this week our volatility is at 3.45% which declined from 3.59% last week. Currently according to ATR we are on 36th percentile, and according to DVOL we are on 15th percentile, indicating in both cases, that we are currently is a quiet market. And as a matter of fact we can that this was case for...
Here is my view for DAX on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DAX Monthly Forecast Movements 1-30 November 2022 We can see that for this month, the implied volatility is around 7.3%, increasing from 7.18% of last month. This is currently placing us in the 70th percentile according to ATR and 91th according to VDAX. Based on this percentile calculation, on average the monthly movement for the candle(from open of the candle...
Here is my view for DAX on D1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Mid-time-frame: See a bearish trend; I expect market reaction when it goes to the shown box.
The DAX has rallied significantly since the end of September after touching a major support range at 11,550 - 11,850 - the area that price bottomed in November of 2020 It is now pressuring the downtrend extending from the yearly highs and could be poised to break higher A convincing close above downtrend resistance would provide a great buying opportunity with...
aar or paar for bulls in germany bulls near to break resisting trendline next week would be deciding
DAX - Where to next? Here is a technical view of DAX - a break to either direction. Keep in mind we do have FOMC next week, which should shift markets either direction! Have a great weekend. TJ
Here is my view for DAX on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
We don’t know what has startled DAX so much that it has jumped upwards and has come quite close to the mark at 12425 points again – maybe, someone tested its startle reflexes… However, the index is already back on track and should continue to move downwards into the pink zone between 11421 and 11060 points to finish wave III in pink, which it could also do in the...
Happy Friday, DAX keeps entering and failing the zone starting at 12928. Yesterday's key levels are still in play. You can find it by clicking here (Opens in a new tab/windows so you will not lose this) In the absence of a catalytic news, it is likely to post an inside daily bar. So today's range is constrained by yesterday's OHLC Macro EU ECB Lagarde...
Happy Thursday, Market will be nitpicking at the coordinated CB speeches today so get ready for some choppiness and sideways moves DAX has 12928 to 13154 range with mid zone at 49 to 55 In case of extreme moves beyond buying & selling levels ↗️ Upside key levels: 13 052, 125, 197, 294 & 432 ↘️ Downside key levels: 12 955, 817, 678, 582, 509 Macro EU ECB...
Happy month end, Happy Midweek, Happy Wednesday, Bulls have managed to regain 13k overnight. So 13k is line in the sand. 13 125 now is the key level on the upside. Any break below 12 850 will confirm bear strength. Last day of the volatime month. Macro EU DE Unemployment, HICP, US Employment Change, Chicago PMI Buy Break: 13 045, 088, 110, 150 ...
Looks like DAX has the hiccups, the way it is hopping about nervously. We don’t know what has affected its stomach – maybe it is the fact that the index is still indecisive about wave (2) in white. Apparently, it has not yet determined whether it has already completed wave (2) in white or wants to finish it a bit lower still, before resuming the overarching...
Here is my view for DAX on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Happy Friday, Happy Janmashtami, After Wednesday's big move, yesterday was an inside bar. So 13600 becomes line in the sand. Bears want to regain control <13600 & bulls want to go back >13740 Macro No news is good news ?! Buy Break: 13 660, 780, 815 Reversal: 13 580, 530, 450, 370 Sell Break: 13 585, 535, 460 Reversal: 13 670, 745, 820,...