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Daxanalysis

Key Levels and US Market Review for the Asian session open 25/05A continued debt ceiling standoff pressured share market Indexes lower overnight as more traders were happy to lock in some gains. Indexes pushed down into support levels as traders went risk off. The UK inflationary numbers came out higher than expected pointing to more interest rate rises from the BOE. The US open was weak and bulls found no love from the FOMC statement which continued to re-iterate focus on coming data which will determine whether there are further rate rises or not. Bond markets continued to factor in higher interest rates in the pipeline as yields moved higher. Expecting weaker open in Asian markets with the ASX200 expected to start down 30 points and the Hang Seng expected to open down 500 while the Nikkei to open mildly lower down 80 points. I expect that there is major concerns over the US economic slowdown brewing, and how the US is going to fund its debt with GDP easing. Longer term trends are for interest rates to level out. But if the economy cools while inflation remains elevated, then it is difficult to cut rates to stimulate growth...we will see how things play out soon I suspect. KEY ACTIONABLE LEVELS into the Asian market session. Review of the European and US sessions and what that will mean to the price action in the near term along with key levels to watch. Markets covered :- DOW Nasdaq DAX FTSE ASX200 Hang Seng USD Index Gold Oil Copper ** If you like the free content then follow my profile to get more daily ideas and learning material ** ** Comments and likes are greatly appreciated. **
NYMEX:CL1!
by TradeTheStructure
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.
XETR:DAXLong
by mahmoudbawa
TRADE UPDATE Dax Index well on the way to the first targetDAX initially formed a large Falling Wedge. Then before the price broke above it formed a Reverse Cup and Handle. The price broke not only out of the Brim Level but also out of the Wedge. This gave a HIGH probability trade to buy and hold long. Other signals confirmed too with 7 >21 >200 - Bullish RSI>50 Uptrend line still strong. I'm still happy to set the target to 16,375. Once could even place their stop loss just below the most recent low with the trend line.
XETR:DAXLong
by Timonrosso
DAX traded to the highest level in 62 weeks!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 15681) Our profit targets will be 16101 and 16151 Resistance: 15791 / 15900 / 16000 Support: 15630 / 15600 / 15500 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
DAX: Beam us up, Mr. Scott! 🖖Happy Birthday, William Shatner! Consistent with the great day of the actor playing Captain James T. Kirk in Star Trek , DAX was also beamed up – and considerably so. From the low of wave iv in pink, the index has shot upwards by about 5% and should still continue the ascent above the resistance line at 15 703 points, where it should complete wave 1 in blue. However, a 35% chance remains that DAX could slip below the support line at 14 617 points. In that case, the index would first develop wave alt.iv in pink to establish a new low in the pink zone between 14 299 and 13 863 points before moving upwards again.
EUREX:FDAX1!
by MarketIntel