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Daxindex

#DAX ANALYSIS.. In my analysis that I published earlier, I frequently emphasized the possibility of seeing a strong sales wave in the markets on a global scale, in this context, I think that there can be a structure in #DAX index as I mentioned in the chart.. The chart is weekly, it should be followed in the long run; Price movements in time may not correspond exactly as I have stated on the chart, but in the future, if #DAX cannot provide permanence above the trend line I have indicated with black dashed line, I think it is important to follow the pattern in question.. You can find important points on the chart in the long run.. Let's see what time will show.. What I wrote is about strong possibilities that most investors and analysts do not express or expect.. Please do your own due diligence when it comes to trading.. Invest at your own risk.. I wish you all the best..
XETR:DAXShort
by OguzhanSengor
DAX | Bull Case Scenario confirmedIn previous post I wrote about the channel movement of DAX and the various positive signs that appeared in the chart. Today, price once again broke out the area of EMA20 but in this time DAX tested succesfully the MA200 confirming in that way the bullish trend. An increase in Volume during the uptrend is a key factor and we should take into consideration the rise of RSI above its MA12 and in 70 area points. Next crucial point to see if this bullish movement is meant to be continued, is the Resistance of 13 March in 10000 area.
FX:GER30
by Varonos
DAX | Double Top Please support this idea with LIKE if you find it useful. Price produced a Gap on previous market open. Nevertheless it's been rejected by Resistance level. It signals the price will rather close the Gap and retest the horizontal support. In case there is a confirmed breakout we can initiate a short position. Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advice.
XETR:DAXShort
by Anpu
2
$GER30 #DAX BULLFLAG? RESISTANCE? HOW HIGH CAN WE GO?Just before US Market Open the DAX Index bounced of 13300 filling perfectly the gap. You are looking at the DAX Chart of OANDA which is also active overnight, you can see Gaps on the Xetra Chart of the DAX Index (which is not active during Overnight) While the $SPX500 already trying to break a similar Patern to the upside targeting Prices around 3200-3220 the DAX index is somehow laging behind. On the Dax we might be in a Bullflag which can be seen on lower Timeframes with Potential to target 2017/2018 Highs if the Resistance of 13420 Breaks. If the American Market will push Stock & ETF prices up again with Fuel from the current FED QE (Not QE as they say :) ) it could drag the DAX index with it giving more odds to a break of the Upside. Please also take a look at my Last TA I am currently trading the possibilities of this Potential Bullflag to the upside with a tight Stop Loss and will Take Profit upon reaching resistance. Trade Safe!
OANDA:DE30EURLong
by koboltrading
2
Could DAX 30 make recovery?The DAX 30 index surged to the highest since January 2018 on Friday following the US-China trade deal. But the index has come-off sharply from there. DAX is likely to trade sideways after the German Manufacturing PMI missed the estimates. Services PMI rose to 52.0, up from 51.7, matched expectations. The nearest support bellow is H4 50 SMA and the middle line of the Bollinger Bands at the same chart. A breakout down that level could extend the further bearish pressure towards 12,923.20, the 78,6% Fibo retracement on the daily rally from 11,266.48 to 13,374.27. In that area is located also the lower boundary of H4 BBs. Underneath the support level at 12,650 should limit the sell-offs. On upside, if the bulls could make recovery above the Friday's high at 13,423.41, further gains should continue to 13,505/525 (Oct. and Nov. 2017 highs). Obviously resistance at the all time high of 13,596.89 is then key to direction. We prefer the bearish/consolidation scenario in near-term because of the negative Friday candle and therefore Stochastic is in its overbought area.
XETR:DAX
by ForexTrendline
$GER30 #DAX #DE30EUR are tides turning? Were is next Resistance?In the Overnight hours the Dax Index Price broke out to the upside is now heading to retest next resistance level of 2018 highs. For 100% Confirmation we have to wait for this daily or this weeks Candle Close to be sure about this breakout but the fact that we broke resistance trendlines and trading currently at market open, above all past 2-3 Weeks Candle Closes with gaining upside momentum, forces me to adjust my Strategy and take into consideration that higher Resistance levels can be reached. This Post is about the Daily Scale (View) which could be seen as a short term outlook about possible and potential next resistance Targets. On a Makro View (Weekly / Monthly) I am sill targeting lower Support Targets around the 0.382 - 0.5 Fib-retracement Area on at least a Weekly Scale. Reaching this Targets more often then not need time to develop, it could take hours, days, weeks or even a whole month to test uper resistance or confirm some sort of breakdown of this ATH levels. Beginner Traders will be more likely get frustrated by this Price action especially the one aiming on Makro Trading Targets and maybe just trading lower timeframes below the Daily. Last days Picture was changing really fast with a pottential Rollover of the market declined by a massive bounce and following rally fulled by some Trump Tweet about a Trade War Resolution let the markets rise turning the Stochastic oscillator up altogether with the RSI regaining the EMA and heading upwards. The Demark Indicator indicating a new sequence confirming this possible breakout with a consecutive and clear 2 above 1 and 3 above 2. The Chart Pattern could be now seen as a triangle breakout to the upside or a Rising Channel pointing directly to next resistance and the measured up-move from the breakout-point is pointing directly to 13600. Resistance 13510 - 3 Nov 2017 High - upper trendline of rising channel 13570(Candle-close) - 13620(Candle-wick) - 23 jan 2018 High - upper trendline of rising channel Support Area 13280 - 13310 With a break and Daily Candly Close below the Support Area a new evaluation of the Situation would be needed as things would change really fast again. Oszillators Daily Stochastic upcrosed - rising Support trendline RSI - regained the EMA heading - rising Support trendline I expect this area to be now really Volatile making Stophunt Moves before turning towards lower levels of support. The Fact that the Price is Trading at ATH levels and almost all Indicators and Oscillators below the Weekly are resetting themselves and maybe could gain more upside momentum creates the perfect environment for Market Makers running the Orderbook up. Keeping in Mind all this Facts together (ATH, Stophunts, etc.) strategies like scalping will be in favor for the next Days. Trade Safe!
OANDA:DE30EURShort
by koboltrading
$GER30 #DAX is it rolling over? DE30EURThe price of the DAX Index is trading since the start of November in a range between 12910 reaching peak of 13370 on the 19 of Nov. The Price almost reached the 0.236 Fib Retracement on the 3rd of December and it seems that it got frontrunned and bounced of it. Placing price action at the start of the week almost exactly in the middle of the range. Daily Stochastic is heading downwards but depending on todays daily candle close it could cross to the upside before reaching the bearish control zone. Based on my Rules First I dont frontrun any Signals and I don't see this as any Signal for a change of direction as I only like making decisions with a crossing Stoch in either the bullish or bearish and getting confirmation seeing the Stochastic leaving a particular control Zone. The RSI is heading lower trading below the EMA on the RSI which gives me a little hint that a Pullback move to the vicinity of the 0.382 Fib Level is still on the play. Downside Targets 1.) 12850 / 0.236 Fib / 50 Daily-EMA 2.) 12650 / 100 Daily-EMA 3.) 12500 / 0.382 Fib / - vicinity of the 200 Daily EMA Upside Resistance Zone 1.) 13300-13380 If we don't take out the Resistance Zone at the Start of the Week the Index Price will probably grind towards support Levels with a high probability of bounces of every possible support. I expect to start closing my Shorts when reaching these levels, because if we retrace towards support I don't want to hold to the Shorts when near the vicinity of the 200 Daily EMA. Trade Safe! koboltrading.com
OANDA:DE30EURShort
by koboltrading
Could DAX30 Broke Above the Current Range?The momentum of the index has increased since the middle of August. But yesterday was a particularly bearish day for the German auto sector, as the markets responded to negative chatter from Beijing on trade. The DAX30 index remains stuck in a narrow 13,100 - 13,300 range that has been in place for almost two weeks. The sideways consolidation can continue for some more time and the DAX is likely to break above 13,300 and resume its upside trend towards 13,400 - 13,500 eventually. But until that happen the preferred trading strategy is Sells on the upper border of the range or Buys at the bottom limit. Today the price already tested the upper border of the Bollinger Bands and retreated. Now we expecting the price to test most probably the H4 50-day moving average at 13,115. If the DAX broke bellow it and under the downward line of Bollinger Bands, the bears could go further downside to the 23.6% Fibonacci retracement of the rally from October 4 to November 12 at 12,970. The German Bundesbank’s monthly report warned that Q4 growth could stagnate, but with only a slight risk of a prolonged recession. There are no major data releases scheduled for today. A lack of stats will leave the major German index in the hands of risk sentiment throughout the day. Geopolitics continues to be the key driver, with updates from the U.S and China on trade talks in focus.
XETR:DAX
by ForexTrendline
#GER30 #DAX #DAXINDEX #Trading Outlook; where are we heading to?Dax has opened on monday morning with a expected pullback Move, but how far will it retrace or will it go sideways? Daily stoch and daily RSI are telling us since many days that past uprun is running into exhaustion as the oscillators are turning down starting to leave high levels. We have major key levels that we can easily watch and manage our Risk From without being attached to any economic bias. On a makro view a possible bullish perspective key level to watch is the major lower trendline. A Break of it would give first insights that makro upward trajectory is totally broken. But until this happen Dax Index has given us in the past many opportunities to play Fibonacci Retracements to the Upside. The current Dax Posture tells us not to blindly short the Market it is rather telling us to derisk Any Long Trades and lock in Profits which you might gained during this Year and derisk your Stocks (especially DAX Participants). Also What gives the Dax a higher probability to go Sideways or decline with a slow pace is that many Dax Stocks have already had their major declines over the past weeks and Months and playing some kind of bounces trying to find buyers but according to current Dax Posture I also would not say that we will not see some lower major german stock prices. Anyway shorting with prices trading with a rather narrow range to the daily 200EMA and daily 200SMA is not the Trade i am personally looking for. If you are asking yourself which Fibonacci Retracement Level will be the best to manage your Risk of i can tell you following. Looking at the daily RSI we are nowhere near any long entries on DAX and personally i am not allocating any eurocent to German Companies at this high Oszillator Levels. Looking at the past i want to the RSI go back to 0.618 or 0.786 Levels which would go in confluence with chart prices and chart Fibonacci levels around 0.382, 0.5 or even as low as 0.618. Choose your entries wisely and trade safe!
OANDA:DE30EURLong
by koboltrading