TP: 12000 SL: 17000 Short Dax/ Germany40 Short Dax/ Germany40 Short Dax/ Germany40
GER40 - 24h expiry - Daily signals are bullish. Traded to the highest level in 62 weeks. There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 15683. 15791 has been pivotal. A break of the recent high at 15791 should result in a further move higher. We look to Buy a break of 15801 (stop at...
GER40 - 24h expiry - We are trading at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. 15708 has been pivotal. A higher correction is expected. Rallies should be capped by yesterday's high. We look to Sell at 15699 (stop at 15819) Our profit targets will be 15401 and 15341...
Hello ladies and gentlemen, according to my graphical analysis, XETR:SAP show a strong bearish configuration.
We're watching the support level of 14877 very closely as it's a major overlap, 23.6% Fib retracement and a break of this level, coinciding with the ichimoku cloud bearish exit, could trigger a massive drop to the next support level at 13863. It's also nice to see strong bearish divergence vs Stochastic suggesting we could see a big reversal upon the break of the...
DAX felt 3.04% in Monday, biggest drop for the instrument after December. Investors are cautious after the failings of SVB and Signature Bank that the entire bank sector might be badly hurt from the sharp rise of interests in the last year. On the technical front both MACD and RSI indicators are suggesting continuity of the bearish movement, with RSI below the...
We're seeing price break at key support at 15240 which could potentially trigger a move down to major support at 14967 - which has seen prices bounce off multiple times in the past. There is a descending resistance line that is pushing prices down along with the bearish Ichimoku cloud. The bearish momentum could carry the breakout all the way down to the 14967...
DE40 is in a bullish trend since the end of September. Price bouncing between a converging channel making higher highs and higher lows, recently broke through the ~15250 level and found support there but showing weakness as retested that level several times from the upside and RSI indicator make lower highs while price increasing. If price break below the support...
The technical picture of DAX on our daily chart shows that the index is currently stuck between two trendlines - a short-term downside resistance one taken from the high of February 9th and medium-term upside support line drawn from the low of October 3rd. Given that DAX has been on a roller coaster ride for the whole month of February, we need to see a clear...
DAX traders still remain undecided on where the index is heading. On one hand, we remain above a medium-term upside line, meaning that the trend is still to the upside. However, if that medium-term trendline breaks, this could open the door towards much lower areas, Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading...
GERMANY40 had broken through the support of the Rising Wedge candle sticks pattern, which is a sign for possible bearish movement of the instrument. Both MACD and RSI indicators are confirming the outlook: MACD histogram is below the 0 line, while RSI line is breaking the Overbought line from above, also a strong bearish indicator. If this scenario continues, the...
Hi dear traders despite of fundamental i think it is approaching the first resistance and breaking it strongly will lead to approaching next resistance (Over 15000)
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Hi, If you look on the main course of mass media - they will not tell you the truth. They say that DAX is oversold and the pattern right now is bearish. RGR - pattern. Lot of people think that there will be a head with shoulders pattern. I suppose that is false - bias point of view. I can only suppose that if euro is weak, dax is weak. Right now EURUSD is...
Given the inevitability of; 1) An abject Chinese population collapse - already under way -, necessitating the consequent *** massive DEurbanization, DEindustrialization *** (leaving in its wake ~800 million subsistence "gardeners" - No, not even farms, in the traditional sense of scale!); 2) Japan having *** the only other (beside the US) long range Navy ***...
DAX Weekly Forecast 30 Jan - 3 Feb 2023 Based on the data from VDAX we can see that currently the IV for this week is at 18.97%, equal to last week. This can be translated in +/- 2.63% weekly movement from the open of the candle, which makes the next top/bot channel TOP: 15466 BOT: 14673 The probability to break this channel(aka the close of the weekly is going...
Shorting $DAX from 15,000 technically looks a good price, target is 14500. Scholz will announce tanks delivery to Ukraine today, Russia's response will certainly hit Germany's energy sector for punishment.
DAX Weekly Volatility Analysis 9-13 Jan 2023 We can see that currently the implied volatility for this week is 2.85% With this in mind, currently from ATR point of view we are located in the 1st percentile. Based on this, we can expect that the current weekly candles ( from open to close ) are going to between: *For calculations, I am using the data since...