DE30EUR - 24h expiry
Short term bias has turned negative.
The bearish engulfing candle on the 4 hour chart is negative for sentiment.
Daily signals for sentiment are at overbought extremes.
Previous support at 18250 now becomes resistance.
The trend of higher intraday lows has also been broken.
20 4hour EMA is at 18254.
We look to Sell at 18350 (stop at...
Pair : Germany 30
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line
Higher Highs - Higher Lows
Break of Structure
RSI - Divergence
-----------DAX DOWNSIDE MOVE IS ABOUT TO HAPPEN-----------
DAX index shows a few signs that it is ready to deep dive. The course is at all time high. Economic indicators like GDP, interes rate, emloyment don't support that optimistic behaviour. Weekly RSI is at overbought territory. And daily RSI shows divergence. I think it is time to re-consider the long...
DE30EUR - 24h expiry
Price action resulted in a new all-time high at 17904.
We look to buy dips.
50 4hour EMA is at 17685.
The primary trend remains bullish.
Offers ample risk/reward to buy at the market.
We look to Buy at 17690 (stop at 17590)
Our profit targets will be 17940 and 17990
Resistance: 17760 / 17907 / 18000
Support: 17710 / 17618 /...
GER40 - 24h expiry
Price action resulted in a new all-time high at 17817.
There is no clear indication that the upward move is coming to an end.
Price action continues to trade around the all-time highs.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
We look to buy dips.
20 4hour...
DE30EUR - 24h expiry
Price action continues to trade around the all-time highs.
The primary trend remains bullish.
We look to buy dips.
20 4hour EMA is at 16865.
Levels close to the 78.6% pullback level of 16863 found buyers.
We look to Buy at 16865 (stop at 16785)
Our profit targets will be 17065 and 17125
Resistance: 16970 / 17004 / 17100
Support:...
GER40 - 24h expiry
Short term bias has turned positive.
Levels close to the 50% pullback level of 16724 found buyers.
The primary trend remains bullish.
We look to buy dips.
Prices have reacted from 16444.
We look to Buy at 16725 (stop at 16645)
Our profit targets will be 16925 and 16985
Resistance: 16885 / 16962 / 17004
Support: 16790 / 16724 /...
Technical Analysis for Deutsche Bank Shares:
1. Bullish Diamond Fractal Formation:
Deutsche Bank shares are currently exhibiting a notable technical pattern known as a Bullish Diamond Fractal. This pattern suggests a potential reversal in the prevailing downtrend, indicating a shift in market sentiment in favor of the bulls.
2. Key Levels and Targets:...
GER40 - 24h expiry
Price action resulted in a new all-time high at 16823.
There is no indication that the rally is coming to an end.
Yesterday's Marabuzo is located at 16715.
Preferred trade is to buy on dips. Our outlook is bullish.
We look to Buy at 16715 (stop at 16615)
Our profit targets will be 16965 and 17025
Resistance: 16823 / 16900 /...
DE30EUR - 24h expiry
Posted Mixed Daily results for the last 2 days.
Overnight losses have been limited.
We are trading at overbought extremes.
There is no clear indication that the upward move is coming to an end.
15956 has been pivotal.
A break of the recent high at 15956 should result in a further move higher.
The bias is to break to the upside.
We...
I mentioned yesterday that there's always one trick day in a FX trading week. I have a slight feeling that because there are so many decent looking charts to trade, this might be one of those trick days. Personally, I'm still trading light and holding.
OANDA:XAGUSD
OANDA:XAUUSD
FX:AUDUSD
FX:AUDCAD
FX:EURCHF
FX:EURSEK
FX:GBPNZD
FX:NZDCAD
...
DE30EUR - intraday
There is no clear indication that the upward move is coming to an end.
A Doji style candle has been posted from the high.
A lower correction is expected.
Preferred trade is to buy on dips.
20 4hour EMA is at 15694.
We look to Buy at 15705 (stop at 15605)
Our profit targets will be 15955 and 16005
Resistance: 15869 / 15900 /...
Pair : Germany 30
Description :
Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line and Completed the Retracement. If it Breaks the Daily Descending Trend Line and Retest then Buy otherwise it will Complete its " 5th " Impulsive Wave
Entry Precautions :
Wait for the Breakout or Retest
DE30EUR - 24h expiry
The bullish engulfing candle on the 4 hour chart the positive for sentiment.
Our short term bias remains positive.
The overnight dip has been bought into and there is scope for further bullish pressure going into this morning.
A break of yesterdays high would confirm bullish momentum.
Short term RSI is moving higher.
We look to Buy a...
GER40 - 24h expiry
Daily signals are mildly bearish.
Negative overnight flows lead to an expectation of a weaker open this morning.
A break of the recent low at 15070 should result in a further move lower.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Short term momentum is bearish.
We look to Sell a...
GER40 - 24h expiry
The previous day's bullish engulfing candle led to further buying yesterday.
3 positive daily performances in succession.
Short term momentum is bullish.
Price action looks to be forming a bottom.
Bullish divergence is expected to support prices.
14936 has been pivotal.
A break of the recent high at 14936 should result in a further move...
