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DAX Index

07112023 - #DAXYesterday's plan worked to almost perfection () as it hit my sell limit at exactly 15226 before selling down over 100points. Did not hit my target though before the bounce. As mentioned yesterday, DAX is somewhat weak and only one I said to look for shorts in and truly, it was much weak even when US indices was somewhat strong. Overall, yesterday was a small range day and price action is somewhat bearish. Still it might be better to trade later than earlier. IMO if market pulls back to 15170, it would be a level to watch; a rejection could see another move down to 15024/15000. If however, market just goes down from here, 15090 would be a price I am inclined to watch for a long for a move higher.
OANDA:DE30EUR
by FadeMeIfYouCan
DAX: Approaching the 1D MA50. Buy the pullback.Target achieved on DAX (chart at the end) as the price made a straight rebound at the bottom of the Channel Down. The 1D technical outlook is neutral (RSi = 52.756, MACD = -158.600, ADX = 30.783) and being that close to the 1D MA50 without being bullish already, makes a short term pullback possible. On the long term, we expect a bullish breakout over the Channel Down as the current rally originated after an (almost) one month long 1D RSI Bullish Divergence. So as long as the price gets rejected under the 1D MA50, we will wait for a 4H MA50 pullback to open the new long and target the R1 level (TP = 15,575), a candidate to make contact with the 1D MA200 as well. See how well our prior idea has worked: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:DE40
by InvestingScope
DAX Elliott Wave Analysis for Thursday 02/11/2023In the higher time frame, we are working on a wave ((2)) correction down. The primary scenario is now suggesting that wave ((2)) is unfolding as an ABC. The five waves down from the ATH might also indicate a bearish expanded flat scenario. In the lower time frame, the final wave ((v)) of wave 5 of wave A looks incomplete. We didn't get our move down yet so the market might surprise us with an expanded flat structure. The expanded flat structure also fits in the secondary scenario as a wave X.
OANDA:DE30EUR
by AndyCuckoo
DAX to turn positive?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 higher. We look to Buy a break of 14941 (stop at 14841) Our profit targets will be 15191 and 15271 Resistance: 14885 / 14936 / 15000 Support: 14850 / 14800 / 14700 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:DE30EURLong
by OANDA
1
#DAX - 01112023DAX was much bullish yesterday compared to US indices. 14820 was my sell level and it did give 70points but market closed near the highs. FOMC today and it is tricky. IMO it looks like a slow move up to go short into but still no signs yet. As mentioned, lows IMO are not in but yesterday's bullish close also points to a possible new high needs for a reversal. But if I would "insist" on my short bias, it would be on a break of 14760 and retest and rejection for a move lower.
OANDA:DE30EUR
by FadeMeIfYouCan
Bigger FlatGreetings, dear friends. I hope you are having a productive week. I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further. I want to share my market analysis ideas based on the Elliott Wave Principle with you. I am a fan of this principle and follow all the rules and guidelines for analyzing the market. However, please note that my ideas are based on my personal experience and may change over time. If there is an error in my analysis, I am open to re-analyzing it from the beginning and learning from my mistakes. It's important to understand that making an error in analysis is not a fault, but evading responsibility is. No one can analyze financial markets with 100% accuracy, but it's remarkable how close we can get. We analyze from multiple perspectives to consider all possibilities. Let's mention a few opinions and ideas! Based on mathematics. I am still practicing to understand the Elliott Wave Principle better and hope to provide an even better analysis in the future. Thank you for your continued support, and I look forward to our mutual success. Best regards, Mr. Nobody Keep trying and never give up. Good luck!
DShort
by mehdi47abbasi79
#DAX - 30 October 202314620 triple support zone worked fine, as market based there and gapped up this morning, probably due to news on the end of the UAW strike for US. Nonetheless, weekly and monthly candles look bearish, thus IMO market needs to find a base before a good up move. One such possible move might be, market sell off first later, and rebounded sharply; if so, that could signify a near term low. Conversely, if market continue its move up, I will be more inclined to look for weakness for a short (given trend is still down) especially during US session. Looking for a short if 14720-50 for a move down to 14600 if it is traded first, or a long from 14480 to 14760 on a possible near term low.
OANDA:DE30EUR
by FadeMeIfYouCan
27102023 - #DAXDAX is somewhat strong yesterday (less bullish) as it ranged while US indices did make a new low before pulling back. I gave a short off 14830 or so and a long from 14620 but both did not trade. Price opened today and is attacking the top of the BZ. If price can keep in range within the PZ, would like to see a possible sell down to new lows, test of 14620, find support and possibly go up to target 14830. Despite the down in indices yesterday, bond yields closed weakly down thus that could be a hint of strength for today.
OANDA:DE30EUR
by FadeMeIfYouCan
DAX: Back and forth Todays intraday session shows how important Bouhmidi-Bands can be for day trader and specially options traders. We started with a break of 1st STD lower Bouhmidi-Band after that we saw a typical reversal back into the bandwidth. After us opening we see a typical volalitiy swift and impulse that put pressure on DAX and pushed back below lower Bouhmidi-Band. Still watch out coming days today 2nd STD lower Bouhmidi-Band at 14598 - This could be the next short target. By looking on volume profile we see that around 14448 we see next bigger support.
XETR:DAXShort
by SalahBouhmidi
What happens to German stocks?There is a stop-up pattern with a double top in addition to strong resistance from an upward trend that cannot be penetrated. Therefore, I find that during the next year or two there will be a strong decline and a major correction in the German Stock Exchange index to the shaded area below, and this is very healthy for a stronger and greater rise. Please clarify that I am helping you with my point of view, which may be right or wrong, and see my previous analyzes of many currencies and forex in order to judge the owner of this analysis with a more accurate look Good luck
XETR:DAXShort
by KhaldHegazy
DAX: Amazing Channel Down symmetry calls for a buy.DAX hit (even breached) the bottom of the Channel Down on the 1D timeframe and reacted with a rebound. It is not a strong one yet as the 1D technical outlook is still bearish (RSI = 34.478, MACD = -177.100, ADX = 34.069) but the remarkable symmetry with the two bearish legs prior, calls for a currently undervalued price for the short term. Technically the two rebounds after making LL inside this Channel Down, reached a little over the 0.5 Fibonacci level. The buy signal becomes even stronger if we take into consideration that we got the first 1D RSI Bullish Divergence. We are buying having a modest target on the 0.5 Fib (TP = 15,100), which depending on how aggressive the current reaction is, can even reach the 1D MA50. See how well our prior idea has worked: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:DE40Long
by InvestingScope
1
25102023 - #DAXYesterday's long at 14746 worked almost to perfection as DAX hit the level and rallied 150 points (). What is probably very interesting, IMO, the strength of DAX yesterday. Despite the down moves in SPX and NDX, DAX was resilient, only giving small pullbacks, as it closed near the highs. If you ask me, price action is much bullish but as you can see from the chart, there is an overlap of the DBZ and a triple resistance zone above. So I say today would likely be a very important day, as bond was sideways yesterday; thus today we want to see if bond yield can drop further (indices up). And also at the same time, we want to see if DAX's bullish price action yesterday is real, for a further upside. SPX and NDX were lackluster, partly due to earnings; thus not able to get much clue from there. Can only say that I will be cautious for today. As mentioned, price action is bullish but price is at resistance. Again, will not discount the possibility of a pullback first; thus need to be cautious to look for longs; which IMO, if market give a dip first before attacking the upside, it will be more bullish. But if market goes up to the resistance, especially near the 14960 level, would be cautious for a deep pullback to 14800.
OANDA:DE30EUR
by FadeMeIfYouCan