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Daxanalysis

Dax daily: 10 Jul 2019 Yesterday's session turned out to follow our hypothesis only partially. Dax started its decline towards 12 391, but buyers didn't use this level to enter the market. Following was a descend towards the second support zone in a row, laying at 12 326, yet this price wasn't reached and Dax reversed upwards. In the end, Dax closed approximately in the middle of its range. The support level of 12 391 functioned properly after a pullback at 2:30pm. Important zones Resistance: 12 500 Support: 12 326 Statistics for today Detailed statistics in the Statistical Application Macroeconomic releases USA - 20:00 CEST - FOMC Meeting Minutes Today's session hypothesis Today we have a very high statistical probability for closing the gap. We could also expect the resistance at 12 500 being retested and attracting sellers. Yesterday's high breakout has a probability of 64% . Another nice zone nearby is the support level at 12 326 where we might see a bullish correction. Also, we have a higher probability of 77% for closing inside yesterday's range.
EUREX:FDAX1!
by FTMO
Dax daily: 09 Jul 2019 Yesterday's session was very nice from our point of view. As we highlighted, Dax first went up to close the gap at the resistance level of 12 564. The price then reversed exemplarily and the high intra-day swing was formed as well. Today, Dax opens with a descending gap and so far, the momentum indicates the retest of the support level laying at 12 391. Important zones Resistance: 12 504 Support: 12 391, 12 329 Statistics for today Detailed statistics in the Statistical Application Macroeconomic releases NIL Today's session hypothesis Right now, we are in the gap territory formed between 28 Jun and 01 Jul. For this reason, we anticipate a move towards 12 391 where we could find some buyers. If the support level of 12 391 doesn't hold bearish momentum, then another suitable buy zone is at 12 326. On the other hand, if bulls dominate the market from the beginning, it is likely the price will bounce off the 12 504 for some nice correction. If that doesn't happen, the probability of breaking yesterday's high is still least likely, with only 9% chance of this happening.
EUREX:FDAX1!
by FTMO
Dax daily: 29 May 2019 Bulls were facing a sad scenario yesterday as the selling pressures continued through the gap closure. The price stalled lower at the support level of 11 985. In the end, bears broke out that zone and Dax closed on its intra-day low at 11 965. Important zones Resistance: 12 063 Support: 11 861, 11 922 Statistics for today Detailed statistics in the Statistical Application The statistical probability of closing the gap is 41% Macroeconomic releases 09:00 CEST – German Buba President Weidmann Speaks 09:55 CEST – German Unemployment Change Today’s session hypothesis Today, the price opened with pretty much the same gap size as yesterday, but in the opposite direction. The descending gap doesn’t have any strong statistics for closing, but this was very similar yesterday. As support levels, we identified zones laying around 12 922 and 11 861. These levels could have a significance in today’s price action development. If the price goes below 11 922, we estimate the retest of 11 861 with an increased probability. In the opposite scenario, our bias would only be the closure of the gap, targeting 11 965.
EUREX:FDAX1!
by FTMO
Dax daily: 17 May 2019 Yesterday’s session turned out to be yet another success in a long row. The hypothesis suggested the breakout of Wednesday’s high and Dax was pierced that level with strong momentum, not even reacting by any bounce at the resistance level of 12 190. We haven’t even found sellers at the first resistance level laying at 12 097. Today we open with a descending gap Important zones Resistance: 12 376 Support: 11 196, 12 118 Statistics for today Detailed statistics in the Statistical Application Macroeconomic releases NIL Today’s session hypothesis Today, the price could continue in the uptrend that has formed over the recent days. Dax already filled our primary target which was at 12 190. In the upcoming days, we anticipate the retest of 12 448. We could to find buyers around 12 196 or even further down at the support level of 12 118. Should the price get above yesterday’s high (which has a probability of 83%), it is likely that sellers enter around the restest of 12 376.
EUREX:FDAX1!
by FTMO
DAX Long Situation end of trading day 19.03.2019 Hello to all who follow my charts. The Dax runs exactly in the long trend channel up I have drawn I marked it red again so that he is better to see. The dax today has 2 new resistance lines taken out of his way, which I have now marked as support in blue. These are the two upper skewed straight lines at about 11775 (current state) So he has continued to build support. But even a downward setback in the direction of the lower red channel line would be completely uncritical and would not destroy the setup Currently at 17:30 German time clear a long setup --------------- --This information is not a recommendation to buy or sell. It is to be used for educational purposes only .Alllways do your own research--- ----------------
TVC:DEU40Long
by Renkotrade
DAX LONG Situation end of 14.3.2019As described the days before DAX has made a new Long setup verify to see at the new red marked trendline long For the next trading day: If Dax can not hold the strong long setup there is a blue marked long support line below where Dax could hold and stay in long If these trendline also breaks there is the big support ( have colored in black) at around 11420 which decide Long from Short aerea. So in other words: Long setup above the red trendlines Cautious on long positions between the red and the blue trendline Stopp long positions = Neutral aearea between the blue long trendlne and the black big suppport line Trading below the black support line is a Short setup - Don't forget to like if you appreciate it.... ----------------------------------------------------- - My ideas are no investment adviced you have to do always your ow research -
TVC:DEU40Long
by Renkotrade
DAX LONG end of 12.03.2019Dax today has not his strongest day. Starts with a big jump and starts exact as the resistance at 11615 hat a little bit resistance here i call this to 111620 and than a direct fall to our well known long trendline we have seen now many days in Dax chart. I have marked them in purple. From these support DAX could bounce back a little at the end of the day. But the red marked new stronger long trendline DAX could not hold So at the moment we are in a nowhere terrain it is still only little bit long For tomorrow Dax has to stay above the purple trendline for long- It Dax fall under the (now thick marked ) blue support line at 11420 which is of course far away at the moment , the chart turn directly to short A trading between purple and thick blue i would mention as neutral. So under line: Trading above the purple line = long Trading between the purple and the thick blue line = close long positions. Trading under the thick blue line = short setup. - --This information is not a recommendation to buy or sell. It is to be used for educational purposes only - also do your own reserach---
TVC:DEU40Long
by Renkotrade
DAX INDEX 30 Short Signals!We are currently on very serious and important resistance that will determine the direction of the DAX for the coming days, According to Ichimoku indicator we are still in a downward trend, despite recent increases! And we are also on the resistance of the Fibonacci retracement (23.6) Which means continue to move in the original direction. For all the reasons are written above we recommend entering a sell position Sell DAX Entry Price: 11186 Take Profit: 10508 Stop Loss: 11540
XETR:DAXShort
by xosignals
DAX XETR long term sort to 105000.00?How I see this Gem. Short-term bullish as the price will likely retest 12250.00 . Targeting 12500.00 is possible. (lower TF) Waiting for a short will get a bigger slice of the pie. (in my view) I'm waiting on supporting price action which will be another week away yet. Why does the target seem so far away? This is a bearish long-term projection. A mid-term bullish move would fill the gap at 12500.00 (weekly) The failure to push much past 12500.00 would give us a reason to look for shorts at those levels to break 12000.00 as we make our way back to 10500.00 See the weekly bearish head and shoulders almost complete. (or zoom way out on the daily TF to see it ) A piercing line candle breaking past 50% of the body of the last candle and the gap above that. We have a bullish reversal pattern in a downtrend. This bullish move will be short-lived when compared to the likely decline from these levels. Oh, we have beautiful fib numbers everywhere as well. Let's see what it does.:) As always, this a just a personal opinion and not a trade recommendation.
XETR:DAXShort
by DelorenFX
3
TP 13,141 hit, tested the first support, new pattern emergingAs mentioned on the previous analysis, DAX was on a 1D Channel Up (RSI = 58.600, MACD = 166.500) that hit our 13,141 target and under overbought pressure it broke to the downside and nearly tested the first support at 12,919.58. As seen on today's 1D candle, the Channel Up pattern is technically broken (STOCHRSI = 0, ADX = 53.909, CCI = 48.7206, Highs/Lows = 0) at least marginally. If tomorrow it gaps above 13,050 on opening, then the pattern is still valid. Otherwise after a small rise to 13,028 it should decline and until June 06 even reach the lowest support = 12,747.15. After that point, a strong multi week bullish rebound is expected towards 13,350. So if you don't wish to short this and take a safer approach on the medium term, buy on every support you see with a tight (10 pip) SL.
XETR:DAXShort
by InvestingScope
1