About meI became interested in early 2015 and i think is fun. I have been saving in stocks many years but only in long term perspectiv. I started with Forex spring 2015 and I am still learning. I live and work in Sweden.
Interesting scenarios for the DAX:
1. It will move up meeting the ressistance att around 10000 (green line) and continue upp to the purple line
2. It will move down and meet the upp moving trendline ( yellow line) before moving upp towards the purple resistance
3. It will move down and brake the upp moving trendline ( yellow line) and continue the downtrend.
We have a support area at 1,360 (Dark green line). This area has been respected last mars and last june.. At the same point is the bottom of the channel (yellow area) . I see very good chances for the GBP/EUR to go higher. Some resistance at 1.3735 and 1,3802 . Please comment