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GERMANY 30

Markets Across the world are ready to push like never before.Looking at charts from across the globe we found a very similar setup, triangle formations that are forming across the board in a timely manner. If we look deeper into what is going on we are going to get a pretty nice surprise. Let's start of with the Nikkei. The Nikkei has been on a consolidation pattern since the start of June and has just resolved within a clear break around it exactly one month after. This paired with global optimism that a second wave has been avoided in Asia thanks to great control sounds the bull bell, we might still see a deeper correction that could signal a potential long term buying opportunity. If we see the price of the Nikkei Holding above 22600 we could be up for a move towards 24k in the rest of the year. Exactly the same is going on across the board. Let's check Europe for an instance: For instance, the DAX is doing exactly the same being in a triangle consolidation pattern since the 3rd of June that has now broken above and is showing strength if it holds above 12.600. if things start to look clearer from here we might be looking at a potential move towards previous all-time-highs. Coincidence? Not really. Not confident enough? let's get to the juicy part, let's try and dig deeper into the abyss and look at what is going on in the US Markets. after all, EEUU markets drive most of the money flows right? A quick glance at the S&P500 might give you the chills. Why? Well, the market is exactly doing the same, but wait there is more to come, we are just getting started. Looks pretty familiar right? well, I can't say I didn't warn you. Global Markets took a hit and it hurt, but recovery is around the corner. Central banks are doing almost everything they can, Governments are supporting people like never before. and let's face it. A second wave is something bad but we are going to live with COVID-19 for a long time, we might just make it a profitable one. Not buying it yet? well, let's look at something even more interesting... What about the Dow Jones? is it anything closer to this? I mean what sector can be worst off in a pandemic right? Well, that's pretty much a very compelling view of global markets. However let's not take a pause and bring the big guns, as I said, we might as well just save the best for the end. Because it is yet to come. The dollar is breaking lower and this is just the cherry on top, we might as well just close here but not everything needs to be technical. Fundamentals are coming in stronger in the last few weeks, rates are lower than ever and the sentiment for the virus is shifting towards more "lets live with it and make the most of it" than rather being scared and locked down at home.
OANDA:JP225USDLong
by afcapitaltrading
DAX testing rising channel soonPrice soon will be testing the key trend line and 200SMA on a 4 hour chart. Makes it a great moment to wait for potential setup. A nice break lower would indicate a sell to the next support level. Bearish momentum in the markets so far over the weekend. A price is expected to gap lower on the open. Best to see consolidation on the trend line and 200SMA for confirmation and sell after. Hopefully during the open of the European session tomorrow morning. Please support the idea and share your thoughts on DAX! Good Luck and Stay Healthy!
OANDA:DE30EUR
by Antonio_trader
3
DAX monthly outlookAs the price level pulled back into bullish territory, May candle found resistance at the 50SMA on monthly chart and closed below the 61.8%. That is strong resistance. So far, as economies in Europe reopen, we still look on the bullish side for now, but need the break of 50SMA for more confirmation. ECB rate announced on Thursday will shed more light on the QE measures and show us more direction for the index. 1 hour time frame (see below) shows potential to pull back to 11200 territory. Increased riots in USA and fear of similar situation in Europe puts pressure, so EU and UK governments are expected to bolster public morale. Please support the idea and share your thoughts on DAX! Good Luck and Stay Healthy!
XETR:DAX
by Antonio_trader
#de30y - Please, please take the money ;-) #eurobonds #ecb #fedPlease, please take the money and keep it forever. Repayment is just like interest payment - devil's stuff, that's why the investors like to pay the interest to the (above all, God like) German government, so the burden of economic decision is taken away from the investors. The honorable and cheered government can distribute the money to all big companies and their shareholders, as well as to our EU-Friends. (Irony off) 1st target: - 0.9% p.a. 2nd target: - 1.5% p.a. 3nd target: monetary reform Greetings Stefan Bode
TVC:DE30Y
by StefanBode
6
Psychological fear and freed patternI am still waiting for an opportunity to short, in my view, we see a glimmer of hope until august - september. But I guess when it gets colder more people will go to the doctor and become sick, so more corona infections. My assumption is that insider will trade some weeks before that corona wave 2 to save their assets. This second wave would be fatal, cause stimulus injections will be limited this time and corona will end only until 2021 may. A big Insolvency wave will drain the market. In my view I see black
OANDA:DE30EURShort
by Nokoldamus
Dax idea - multi time frameDax tried to go lower and found support this week this isn't over yet. Next week i believe we will have some positive days moving towards the wave (4) a key resistance level for dax. It is expect to see a rejection at his level bringing the price down to complete last wave (5) attached to this idea is the Sp500 and last week De30 analysis Last week i mention we were going to move towards an ABC correction and looks like we are on track. Take a look at that chart too
OANDA:DE30EUR
by Hybriss