Dax30
DAX to turnaround at all-time highs?GER40 - 24h expiry
Price action continues to trade around the all-time highs.
Daily signals for sentiment are at overbought extremes.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A higher correction is expected.
A break of the recent low at 16240 should result in a further move lower.
We look to Sell a break of 16238 (stop at 16328)
Our profit targets will be 16028 and 15978
Resistance: 16310 / 16333 / 16400
Support: 16270 / 16240 / 16200
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.
DAX Index: Potential Rise Amidst US Economy CollapseIn this analysis, we explore the potential for the DAX Index to experience a rise in the future due to the potential collapse of the US economy. We believe that the DAX Index has reached a key target at 15,901.47 and is poised to gradually move towards 22,031.79. This analysis examines the potential factors influencing this projected upward movement.
1. US Economy Collapse and Global Impact:
A potential collapse of the US economy could have significant global implications, including a potential shift in investment flows. As investors seek stability and alternative markets, the DAX Index could benefit from increased demand, potentially driving its value higher.
2. Key Target Achieved: 15,901.47:
Our analysis indicates that the DAX Index has reached a key target of 15,901.47. This level could serve as a strong support zone and may attract further buying interest. Traders should closely monitor price action around this level as it could provide insights into the market's future direction.
3. Gradual Rise Towards 22,031.79:
Based on our analysis, we anticipate a gradual rise in the DAX Index toward the target of 22,031.79. This projection takes into consideration potential shifts in investor sentiment and capital flows away from the US economy. However, it is important to note that market conditions are subject to change, and careful monitoring of price action and fundamental developments is essential.
4. Factors Driving Potential Rise:
Several factors contribute to the potential rise of the DAX Index amid a US economic collapse:
a. Economic Stability: The DAX Index is composed of major German companies, many of which have strong fundamentals and global reach. Germany's economic stability and resilience may attract investors seeking safe-haven assets during uncertain times.
b. Trade Relationships: Germany has strong trade relationships with various countries outside the US, allowing it to potentially benefit from diversification and increased demand for its exports.
c. Investor Confidence: A US economic collapse could lead to a loss of investor confidence in the US dollar. As investors search for alternative investment opportunities, the DAX Index could emerge as an attractive option, driving its value higher.
While the analysis presented suggests the potential for a rise in the DAX Index due to a US economy collapse, it is crucial to approach trading and investment decisions with caution. Market conditions are subject to change, and unforeseen events can significantly impact asset prices. Traders should conduct thorough research, consider risk management strategies, and closely monitor market developments to make informed decisions.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Trading involves risks, and traders should conduct their research and analysis before making any investment decisions.
DAX to retest all-time highs?GER40 - 24h expiry
Price action continues to trade around the all-time highs.
16301 has been pivotal.
Short-term momentum is bullish.
We are trading at overbought extremes.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a temporary move higher.
We look to Sell at 16297 (stop at 16377)
Our profit targets will be 16097 and 16047
Resistance: 16250 / 16300 / 16400
Support: 16200 / 16140 / 16100
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.
DAX Monday SHORT setup. 200 points range. Market Profile/ VWAP
Hello Traders:)
I expect a morning rebound after the market opens to the red line levels. Hence, I will look for an opening of shorts with targets marked with green lines. The first level of short is the upper limit of the market profile for both Thursday and Friday. This level has been tested many times. The second level of potential short play is the upper limit of the weekly VWAP, which was tested on Thursday with a dynamic decline. Take profit first is the middle level of Thursday's Market Profile, while my second target is the bottom level of Thursday's Market Profile. I am planning to enter a small position at level 1, with a stop loss above the 2nd target. The rest of the items I include only after testing the second level. Depending on the situation, I can exit 50% after reaching target 1, or hold 100% of the position until target 2. The planned range of a potential trade - 200 points.
I wish you all a great trading week!
DAX Elliott Wave Analysis for Wednesday 10/05/2023Trading day preparation. Although pullback is expected in the higher timeframe, we probably still go up in the lower timeframe. We discuss several scenarios that could play out. We see two potential ways to enter a trade. Inflation data is released today, only trade at the extremes.
DAX to find buyers at market?GER40 - 24h expiry - We look to Buy at 15921 (stop at 15841)
Daily signals are bullish.
The primary trend remains bullish.
Previous resistance at 15900 now becomes support.
We are trading at overbought extremes.
A lower correction is expected.
We look to buy dips.
Our profit targets will be 16121 and 16171
Resistance: 16010 / 16100 / 16200
Support: 15960 / 15900 / 15860
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DAX to breakdown?GER40 - 24h expiry
We are trading at overbought extremes.
Short-term momentum is bearish.
Bearish divergence is expected to cap gains.
15750 continues to hold back the bears.
15729 has been pivotal.
A break of the recent low at 15729 should result in a further move lower.
We look to Sell a break of 15719 (stop at 15801)
Our profit targets will be 15519 and 15479
Resistance: 15800 / 15850 / 15900
Support: 15750 / 15700 / 15640
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.
DAX ShortGer30 rejected an area of interest on Daily chart
-strong close at the end of the day
- Afp conditions, going into level 1
-looking for a pullback (high) drop
Strategy - Market maker
Short DAX my thoughts.Hello
We are stuck in 1500 point range for long time, see no reason to go more up. Everyone is so bullish talking about all time high but . Is it possible?
I think no, thats my educated quess for this trade.
Pros:
- Divergence on daily time frame
- Inflation,
- Bad data coming out,
- War.
Recently market moves without logic to me but thinking that people will start taking profits soon, money can be transfer to another assets.
Make sure you risk amount that you can loose if you fallow. I drew few patterns on chart.
I will update as always.
Take care,
Cheers.