Buying DE40 at daily 20 EMA.GER40 - Intraday - We look to Buy at 14271 (stop at 14198)
Daily signals are mildly bullish.
20 1day EMA is at 14271.
We look to buy dips. Daily momentum has stalled and our bias is now neutral.
The 1 day moving average should provide support at 14271.
Our profit targets will be 14448 and 14498
Resistance: 14390 / 14450 / 14500
Support: 14300 / 14250 / 14200
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
GER40 to extend losses?GER40 - Intraday - We look to Sell a break of 14239 (stop at 14331)
Short term bias has turned negative.
The trend of higher intraday lows has also been broken.
Our outlook is bearish.
We look for losses to be extended today.
A break of yesterdays low would confirm bearish momentum.
20 1day EMA is at 14240.
Our profit targets will be 14012 and 13962
Resistance: 14330 / 14380 / 14450
Support: 14240 / 14150 / 14000
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.
German DAX index: Pausing for a breatherThe German Dax index rose 25% from its lows in early October, delivering nine weeks of gains and outperforming US stock indices. The bullish price action has been rather sharp for a market that had a 27% decline from its top in the first nine months of the year.
In November 2022, the Dax saw overbought RSI for the first time in over a year and the index also managed to surpass quite easily its 50-day and 200-day moving averages, as well as a significant 50% Fibonacci threshold of 2022's low to high.
As prices now meet fierce resistance in surpassing the 61.8% Fibonacci level around 14,560 points, a pullback is possible in the following weeks.
The first area of support is located at the psychological level of 14,000. This level might serve as a solid test for validating the 50% Fibonacci level breakout occurred in November.
If the Dax fails to remain above 14,000, bears may gain impetus and push the price down below 13,500 (38.2% Fibonacci and 200-day moving average).
Currently, the strong 61.8% Fibonacci level resistance dominates the upside. If prices broke over this level, the June high of 14,700 would be the next resistance. However, with two important central banks meeting in less than two weeks (Fed on the 14 and ECB on the 15), the upside room for bulls may be limited here.
GER40 to extended losses from engulfing.GER40 - Intraday - We look to Sell a break of 14319 (stop at 14401)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Posted a Treble Top formation.
A bearish Head and Shoulders is forming.
A break of yesterdays low would confirm bearish momentum.
Bearish engulfing has been posted on last candle.
Our profit targets will be 14131 and 14081
Resistance: 14450 / 14500 / 14583
Support: 14340 / 14250 / 14150
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 Weekly Forecast Analysis 28 Nov-2 Dec 2022 DAX Weekly Forecast Analysis 28 Nov-2 Dec 2022
We can see that this week, the current implied volatility is around 3.05% , down from 3.16% from last week.
According to ATR calculations, we are currently on the 6th percentile, while with VDAX we are on 1th percentile.
Based on this data, we can expect on average, the movement from open to close of the weekly candle to be :
In case of bullish - 1.99%
In case of bearish - 2.39%
With the current IV calculation, we have currently 17.9% that the close of the weekly candle is going to finish either above
or below the next channel:
TOP: 14900
BOT: 14000
At the same time, taking into consideration the high/low touch calculation from the previous values, we can expect for this week:
26% chance that we are going to touch the previous low of the weekly candle of 14300
73% chance that we are going to touch the previous high of the weekly candle of 14580
Lastly from a technical analysis point of view, currently 66% of the moving averages rating, are insinuating we are in a BULLISH trend.
DE40 to breakdown?GER40 - Intraday - We look to Sell a break of 14309 (stop at 14401)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A break of the recent low at 14319 should result in a further move lower.
We are trading at overbought extremes.
A Doji style candle has been posted from the high.
Our profit targets will be 14081 and 14021
Resistance: 14500 / 14600 / 14700
Support: 14400 / 14310 / 14150
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.
Selling DE40 at market.GER40 - Intraday - We look to Sell at 14439 (stop at 14521)
We are trading at overbought extremes.
Bearish divergence is expected to cap gains.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
We look for a temporary move higher.
The bearish engulfing candle on the 4 hour chart is negative for sentiment.
Our profit targets will be 14222 and 14162
Resistance: 14400 / 14470 / 14600
Support: 14350 / 14300 / 14250
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 Volatility Analysis 21-25 Nov 2022 DAX Volatility Analysis 21-25 Nov 2022
We can see that currently the implied volatility for this week is around 3.08%, raising from 3.07% of last week , according to VDAX data
(DAX Volatility Index)
With this in mind, currently from ATR point of view we are located in the 1th percentile, while according to VDAX, we are on 4th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish: 2.05% movement
Bearish: 2.38% movement
At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset,
meaning that there is a 21.1% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 14837
BOT: 13953
Taking into consideration the previous weekly high/low, currently for this candle there is :
27% probability we are going to touch previous low of 14150
73% probability we are going to touch previous high of 14450
Lastly, from the technical analysis point of view, currently 67% of the weekly moving averages are in a bullish trend, and
a combination of moving averages and oscillators are in 37% bullish stance
GER40 with stalled bullish momentum.GER40 - Intraday - We look to Sell a break of 14119 (stop at 14226)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Spikes (rejections) can be seen in both directions highlighting indecision.
We are trading at overbought extremes.
A higher correction is expected.
A break of the recent low at 14123 should result in a further move lower.
Our profit targets will be 13851 and 13801
Resistance: 14320 / 14400 / 14440
Support: 14200 / 14123 / 14000
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 sellmarket direction ;downtrend htf
inside supply zone dax started to go from uptrend to distribution phase on ltf
price creating new lows
enter at lower high
GER40 to dip?GER40 - 11h expiry - We look to Buy at 14041 (stop at 13954)
Our short term bias remains positive.
We look to buy dips.
20 4 hour EMA is at 14033.
Our profit targets will be 14258 and 14298
Resistance: 14330 / 14400 / 14500
Support: 14170 / 14100 / 14000
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 Weekly Volatility Forecast 7-11 November 2022 DAX Weekly Volatility Forecast 7-11 November 2022
We can see that this week our volatility is at 3.45% which declined from 3.59% last week.
Currently according to ATR we are on 36th percentile, and according to DVOL we are on 15th percentile, indicating in both cases, that we are currently is a quiet market.
And as a matter of fact we can that this was case for the last weeks but at the same time , one has to be aware that during this "quiet times", things can change radically.
Now, based on the implied volatility data that we have for this week, lets look into further details.
We can see that currently there is 18.2% chance, that our candle is going to close at the end of the week either above/below the next channel
TOP: 13880
BOT: 12920
This can also be translated as a 81.8% chance that the market is going to move within this established range.
At the same, looking at the previous high/low values of the candle, and taking into account the entire history available of data, we can expect that there is going to be a
73% chance that we are going to touch the previous high of 13500
26% chance that we are going to touch the previous low of 13000
DAX Monthly Forecast Movements 1-30 November 2022 DAX Monthly Forecast Movements 1-30 November 2022
We can see that for this month, the implied volatility is around 7.3%, increasing from 7.18% of last month.
This is currently placing us in the 70th percentile according to ATR and 91th according to VDAX.
Based on this percentile calculation, on average the monthly movement for the candle(from open of the candle to the close of the candle) is:
BEARISH Candle : 5.3%
BULLISH Candle : 5.14%
With this in mind we can expect with a close to 16% probability that our close of the monthly candle is going to close either above or below the next channel:
BOT: 12385
TOP: 14302
Lastly, based on the calculations that we had for touching the previous candle high and low values, we can estimate that there is a :
75% chance that we are going to touch the previous monthly high of 13300 (already happened yesterday)
25% chance that we are going to touch the previous monthly low of 11900
GER40 Continues to find support at 20 EMA.GER40 - 14h expiry - We look to Buy at 13303 (stop at 13219)
There is no clear indication that the upward move is coming to an end.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
20 4 hour EMA is at 13300.
Our profit targets will be 13514 and 13554
Resistance: 13420 / 13450 / 13500
Support: 13280 / 13220 / 13100
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.
GER40 continues in rise.GER40 - Intraday - We look to Buy at 13231 (stop at 13149)
The bullish engulfing candle on the weekly chart the positive for sentiment.
Our short term bias remains positive.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
20 4hour EMA is at 13229.
Our profit targets will be 13439 and 13499
Resistance: 13360 / 13400 / 13500
Support: 13220 / 13100 / 13020
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 Weekly Volatility Forecast 31/10 - 04/11 2022 DAX Weekly Volatility Forecast 31/10 - 04/11 2022
Currently the volatility for this week is around 3.82% , up from expected 2.7% last week.
According to ATR calculation, currently the volatility is located around 50th percentile.
Under this circumstances the expected movement of the candle is :
BEAR : 2.49% from the opening point of the weekly candle
BULL : 1.84% from the opening point of the weekly candle
At the same time, currently there is 20.2% that the movement within this weekly candle is going to
break and close either above or below the next channel:
TOP: 13617
BOT: 12891
Lastly, taking into account the previous weekly high and low there is a :
75% chance that we are going to touch the previous week high
25% chance that we are going to touch the previous week low
Buying DE40 at 20 EMA.GER40 - 12h expiry - We look to Buy at 13172 (stop at 13089)
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
There is no clear indication that the upward move is coming to an end.
We look for a temporary move lower.
We look to buy dips.
20 4hour EMA is at 13172.
Our profit targets will be 13372 and 13422
Resistance: 13300 / 13360 / 13400
Support: 13200 / 13150 / 13050
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 Weekly Volatility Forecast 17-21 October 2022 DAX Weekly Volatility Forecast 17-21 October 2022
We can see that currently the volatility is around 4.14%, falling from 4.33% of the last week.
At the same time, its currently place on the 85th percentile based on the ATR calculations.
With this in mind, around this percentile, we can expect an average weekly movement from the open price of the candle of:
In case of a Bullish movement : 1.8%
In case of a Bearish movement : 2.5%
With the current volatility point, we have a 18.2% probability that the end of the weekly candle is going close either above of below the next channel:
TOP : 13000
BOT : 11930
At the same time, there is currently a 73% probability that we can touch the previous high of the weekly candle 12700
And there is a 27% probability that we can touch the previous low of the weekly candle of 12000
Lastly, currently the rating from the moving average is around -80% indicating a very bearish trend(and we can confirm this since november 2021)
Selling a break of DE40 yesterdays low.GER40 - Intraday - We look to Sell a break of 12389 (stop at 12471)
Daily signals are bearish. Short term momentum is bearish.
Short term MACD has turned negative.
50 4hour EMA is at 12406.
A break of yesterdays low would confirm bearish momentum.
Our profit targets will be 12191 and 12131
Resistance: 12500 / 12600 / 12700
Support: 12400 / 12300 / 12200
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.
GER40 Buy a break of recent high.GER40 - Intraday expiry 9PM UK - We look to Buy a break of 12353 (stop at 12269)
We are trading at oversold extremes.
A break of the recent high at 12350 should result in a further move higher.
A higher correction is expected.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Our profit targets will be 12558 and 12598
Resistance: 12200 / 12350 / 12500
Support: 12100 / 12000 / 11900
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.
DE30 Dips should attract buyers.GER40 - Intraday - We look to Buy at 13185 (stop at 13109)
Short term bias has turned positive.
We look to buy dips.
20 4hour EMA is at 13185.
A lower correction is expected.
Our profit targets will be 13368 and 13408
Resistance: 13400 / 13450 / 13500
Support: 13300 / 13200 / 13100
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.
Daily analysis & day trading setups DAX DAX40 DE30EUR 12 SEP 22Happy Monday, Happy New Week,
Dax is now negotiating 50 DMA @ 13182. Now we are reaching a major infliction zone from 13300 to 440. The floor is still fragile at 13k
Macro EU ECB De Guindos & Schnabel speeches
Buy
Break: 13 203, 269, 323
Reversal: 13 154, 096, 034, 12 964, 915, 848
Sell
Break: 13 164, 108, 041, 12 974
Reversal: 13 215, 276, 336, 403
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
NASDAQ
DAX
SPX
You can now copy my zones directly to chart by clicking on the following:
www.tradingview.com
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Joe Gun2Head Trade - Selling the top of the range on DAX Trade Idea: Selling DAX
Reasoning: Selling the top of the short term range on DAX.
Entry Level: 12905
Take Profit Level: 12594
Stop Loss: 13012
Risk/Reward: 2.72:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.