GERMANY 30
Will DAX turnaround today?DE30EUR - 24h expiry
We are trading at oversold extremes.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
A Doji style candle has been posted from the base.
A break of the recent high at 14920 should result in a further move higher.
The primary trend remains bullish.
We look to Buy a break of 14922 (stop at 14822)
Our profit targets will be 15172 and 15232
Resistance: 14920 / 15000 / 15100
Support: 14780 / 14700 / 14600
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 continues in the downward move.DE30EUR - 24h expiry
Our short-term bias remains negative.
There is no clear indication that the downward move is coming to an end.
15100 has been pivotal.
Bespoke resistance is located at 15100.
The preferred trade is to sell into rallies.
20 4-hour EMA is at 15080.
We look to Sell at 15098 (stop at 15198)
Our profit targets will be 14848 and 14788
Resistance: 14981 / 15100 / 15200
Support: 14916 / 14800 / 14700
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.
GERMANY 30 MovePair : DE30EUR - Germany 30
Description :
Bearish Channel in Short Time Frame and Long Time Frame as an Corrective Pattern , In LTF its Rejecting from the Lower Trend Line and in STF it has Breakout the Upper Trend Line. Break of Structure and Divergence
Entry Precautions :
Wait until it Complete its Retest or Rejects from Previous Support
DE30EUR to form a higher low?GER40 - 24h expiry
Intraday signals are mildly bearish.
Trend line support is located at 15700.
Preferred trade is to buy on dips.
Prices expected to stall near trend line support.
We look for a temporary move lower.
We look to Buy at 15713 (stop at 15613)
Our profit targets will be 15963 and 16013
Resistance: 15800 / 15900 / 15960
Support: 15772 / 15700 / 15600
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 to break to the upside?GER40 - 24h expiry
A break of bespoke resistance at 16000, and the move higher is already underway.
Trading close to the psychological 16000 level.
16000 has been pivotal.
Prices have reacted from 15704.
Daily signals are bullish.
The bias is to break to the upside.
We look to Buy a break of 16013 (stop at 15913)
Our profit targets will be 16263 and 16313
Resistance: 16000 / 16100 / 16200
Support: 15900 / 15830 / 15704
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.
DAX40 Will Rise much more HigherAs predicted some time ago
DAX 40 broke 16300
Now....
I have marked the next levels for you
Use proper stop
European stocks rose on Thursday, and Germany's DAX 40 index climbed nearly 1% to touch its highest level since January 2022, driven by the optimism surrounding the potential breakthrough in US debt ceiling talks, with expectations that a resolution could be reached as early as the upcoming weekend. In notable corporate news, Deutsche Bank reached an agreement to pay $75 million to settle a lawsuit filed by women who alleged they were victims of abuse by the late financier Jeffrey Epstein, and accused the German bank of facilitating his sex trafficking. Meanwhile, luxury fashion brand Burberry reported a notable 16% increase in Q4 comparable store sales, while Royal Mail posted an annual adjusted operating loss of £419 million, which surpassed market expectations. Additionally, telecommunications company BT Group announced plans for up to 55,000 job cuts, despite reporting a 5% rise in full-year adjusted core earnings.
Will DAX's selloff stall at market prices?GER40 - 24h expiry
The primary trend remains bullish.
We look to buy dips.
We are trading at oversold extremes.
50 1-day EMA is at 16050.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
We look to Buy at 16051 (stop at 15951)
Our profit targets will be 16301 and 16351
Resistance: 16150 / 16250 / 16300
Support: 16109 / 16000 / 15900
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 to reach a new all time high today?GER40 - Intraday
Price action resulted in a new all-time high at 16450.
There is no indication that the rally is coming to an end.
Short term momentum is bullish.
We look for gains to be extended today.
A break of yesterdays high would confirm bullish momentum.
We look to Buy a break of 16461 (stop at 16361)
Our profit targets will be 16711 and 16781
Resistance: 16450 / 16600 / 16700
Support: 16330 / 16250 / 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 intraday dips continue to attract buyers.GER40 - 24h expiry
Trading within a Bullish Channel formation.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
50 4hour EMA is at 16125.
We look to buy dips.
Price action continues to trade around significant highs.
We look to Buy at 16131 (stop at 16031)
Our profit targets will be 16381 and 16461
Resistance: 16240 / 16300 / 16400
Support: 16200 / 16150 / 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.
Will DAX find buyers at previous support?GER40 - 24h expiry
Short term oscillators have turned positive.
Previous resistance at 15750 now becomes support.
The primary trend remains bullish.
Prices have reacted from 15450.
Trading volume is increasing.
We look to Buy at 15741 (stop at 15641)
Our profit targets will be 15991 and 16051
Resistance: 15851 / 15900 / 16000
Support: 15800 / 15750 / 15650
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.
Will DAX continue to selloff?GER40 - 24h expiry
The bearish engulfing candle on the weekly chart is negative for sentiment.
Short term bias has turned negative.
There is no clear indication that the downward move is coming to an end.
We are trading at oversold extremes.
We look for a temporary move higher.
Previous support at 15750 now becomes resistance.
We look to Sell at 15749 (stop at 15849)
Our profit targets will be 15501 and 15451
Resistance: 15575 / 15750 / 15850
Support: 15492 / 15400 / 15300
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 to turnaround at previous resistance?GER40 - 24h expiry
Our short term bias remains negative.
The bearish engulfing candle on the weekly chart is negative for sentiment.
Bespoke resistance is located at 16070.
There is no clear indication that the downward move is coming to an end.
Preferred trade is to sell into rallies.
16081 has been pivotal.
We look to Sell at 16039 (stop at 16139)
Our profit targets will be 15789 and 15739
Resistance: 16000 / 16070 / 16120
Support: 15931 / 15860 / 15800
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.
Will DAX find buyers at market?GER40 - 24h expiry
Offers ample risk/reward to buy at the market.
The primary trend remains bullish.
The 1 day moving average should provide support at 15923.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
Bespoke support is located at 15900.
We look to Buy at 15902 (stop at 15802)
Our profit targets will be 16152 and 16192
Resistance: 15950 / 16000 / 16050
Support: 15912 / 15860 / 15800
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 to reach a new all-time high today?GER40 - Intraday
Price action continues to trade around the all-time highs.
There is no clear indication that the upward move is coming to an end.
The bullish engulfing candle on the 4 hour chart the positive for sentiment.
The bias is to break to the upside.
The primary trend remains bullish.
We look to Buy a break of 16351 (stop at 16251)
Our profit targets will be 16601 and 16651
Resistance: 16340 / 16400 / 16500
Support: 16300 / 16200 / 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 to turnaround at all time highs?GER40 - 24h expiry
We are trading at overbought extremes.
Price action continues to trade around the all-time highs.
The previous swing high is located at 16333.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Rallies should be capped by yesterday's high.
Bespoke resistance is located at 16300.
We look to Sell at 16299 (stop at 16399)
Our profit targets will be 16049 and 16009
Resistance: 16300 / 16340 / 16400
Support: 16280 / 16235 / 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.