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DE40

Buying DAX at current support.GER40 - Intraday - We look to Buy at 13867 (stop at 13787) Levels below 13860 continue to attract buyers. Trading has been mixed and volatile. Expect trading to remain mixed and volatile. A lower correction is expected. Our profit targets will be 14066 and 14096 Resistance: 14083 / 14160 / 14200 Support: 14000 / 13960 / 13860 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 dips continue to attract buyers.GER40 - Intraday - We look to Buy at 13909 (stop at 13829) Levels below 13850 continue to attract buyers. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. 50 1 day EMA is at 13900. We look to buy dips. Our profit targets will be 14109 and 14149 Resistance: 14000 / 14100 / 14160 Support: 13950 / 13900 / 13850 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 Can it avoid the drop on this 4H Death Cross?The German stock index (DAX) just hit the 4H MA50 (blue trend-line) and it getting rejected. This pull-back has high probabilities of turning into a sustainable sell sequence to a Lower Low considering that just two days ago a Death Cross was formed on the 4H time-frame, which is when the 4H MA50 crosses below the 4H MA200 (orange trend-line). In 2022 every 4H Death Cross failed on or below the 4H MA50 and made a Lower Low with an average -5% fall. A repeat of that would pull DAX down to 13500. In order to avoid the consequences of the Death Cross, the price needs to close above the 4H MA200, in which case we will target the bottom of the 14570 - 14680 Resistance Zone. Notice the Lower Highs pattern on the RSI how consistent it is as a bearish signal. We just formed a Lower High. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
D
by TradingShot
2
DAX to extend it's losses?GER40 - Intraday - We look to Sell a break of 13838 (stop at 13931) Our short term bias remains negative. There is no clear indication that the downward move is coming to an end. We look for losses to be extended today. 50 1day EMA is at 13900. A break of the recent low at 13839 should result in a further move lower. Further downside is expected and we prefer to set shorts in early trade. Our profit targets will be 13609 and 13559 Resistance: 13950 / 14040 / 14100 Support: 13900 / 13810 / 13700 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:DE30EURShort
by OANDA
DAX Can dip even lower with the RSI being the keyThe German stock index (DAX) has had a strongly bearish week as it got rejected just below the 14700 June 06 High, inside the greater Resistance Zone that is holding since March 29. As we mentioned last week, this is a much needed technical pull-back following the +24.50% rise since the October 03 Low. The 1D RSI got vastly overbought above 80.000 and it is only natural for the market to seek to normalize these levels. The 1D RSI is now almost at 40.000 but based on the Support Zone (green) that has been holding for over a year, it can dip to 30.000 if not lower before DAX turns into a buy opportunity again long-term. This will most likely be below the 1D MA50 (blue trend-line) with the 1D MA200 (orange trend-line) being the 1st Support and the Higher Lows trend-line the 2nd. ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
EUREX:FDAX1!
by TradingShot
2
InvestMate|DAX Finally On The Decline🥨🥨DAX Finally On The Decline 🥨Every investor has probably been waiting for some sort of downward correction on the dax. 🥨After a month-long accumulation, it was time for a decline. 🥨Today, we are down a full -3.28%. 🥨We are currently at the 0.236 level of the current upward wave, which I do not believe will hold the price for much longer. 🥨My target market is around the 0.382 level of the current upward wave, where I have identified a support zone. 🥨Looking at the pro-declining signals on the MACD and RSI I have no doubts about a drop to these levels 🥨The scenario I am playing out is a continuation of declines to the vicinity of the support zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
XETR:DAXShort
by InvestMate
3
Buying DAX at market.GER40 - Intraday - We look to Buy at 14302 (stop at 14229) Daily signals are bullish. A lower correction is expected. 20 1day EMA is at 14302. The 1 day moving average should provide support at 14300. We look to buy dips. We look for a temporary move lower. Expect trading to remain mixed and volatile. Our profit targets will be 14488 and 14538 Resistance: 14450 / 14500 / 14550 Support: 14360 / 14300 / 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.
OANDA:DE30EURLong
by OANDA
DAX: Still in an Ascending Triangle. Opportunities both ways.DAX couldn't have given us a better trade yesterday as following the lower than expected U.S. CPI (which is a big plus in the ongoing battle to control inflation), the price broke above the 4H MA50 (14,376.70) and came close to the 14,710 (June 6th 2022 High) Resistance, getting rejected at 14,670, which is a Higher High since November 14th. The price is now back down to the 4H MA50 and it remains to be seen if it acts as a Support. With 4H neutral again (RSI = 52.784, MACD = 16.600, ADX = 23.724) but especially ahead of today's critical Fed Rate Decision, the price can swing both ways and even more so violently. The 4H MA200 is at 14,103.20 now, and will be my buy entry but if we close the day below 14,100 I will book the loss and instead sell, targeting the 1D MA50 (13,646.70 and rising rapidly), which is the ultimate Support during long-term uptrends. If however the price breaks above 14,710 first, I will take the break-out buy and target the 14,940 (March 29 2022 High) Resistance. Previous DAX chart:
CAPITALCOM:DE40
by InvestingScope
Buying GER40 at previous resistance.GER40 - Intraday - We look to Buy at 14381 (stop at 14309) Short term momentum is bullish. Short term bias has turned positive. 50 4hour EMA is at 14380. Previous resistance at 14380 now becomes support. We look for a temporary move lower. We look to buy dips. Daily signals are bullish. Our profit targets will be 14558 and 14588 Resistance: 14500 / 14550 / 14600 Support: 14430 / 14380 / 14340 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
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.
OANDA:DE30EURLong
by OANDA
DAX 1D Golden Cross is bullish but mid-term indicates volatilityToday the German stock market (DAX) completed a Golden Cross pattern on the 1D time-frame, which is when the 1D MA50 (blue trend-line) crosses above the 1D MA200 (orange trend-line). That is technically a bullish formation and that is what we interpret it as, at least on the long-term. Historically a 1D Golden Cross delivers new Bull Phases on DAX and it was such a Cross that took it out of the last major Bull Cycle in 2009 (U.S. housing crisis). On this study though we give particular attention to the previous two Golden Crosses, which all share similar characteristics to today's. Once the index broke above the Bear Phase's Lower Highs trend-line, the Golden Cross was formed shortly after, with the 1W RSI getting rejected on roughly the same level (red Resistance Zone). On both occasions the price pulled-back to at least the 1D MA200. That is currently at 13540 and should stay around this level through-out Q1 of 2023. If a similar Megaphone pattern transitions DAX into the new Bull Phase, then we expect the index to have bottomed around the 1D MA200 by the end of Q1 (March) 2023 and then rebound towards recovering its All Time High. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
XETR:DAXShort
by TradingShot
2
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.
OANDA:DE30EURShort
by OANDA
Buying DE40 close to market.GER40 - Intraday - We look to Buy at 14433 (stop at 14364) Intraday signals are bullish. 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. The trend of higher lows is located at 14430. We look to buy dips. Our profit targets will be 14598 and 14648 Resistance: 14550 / 14605 / 14700 Support: 14430 / 14360 / 14300 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
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.
OANDA:DE30EURShort
by OANDA
DE40 posted a treble top.GER40 - Intraday - We look to Sell at 14549 (stop at 14631) We are trading at overbought extremes. Posted a Treble Top formation. Rallies should be capped by yesterday's high. We look for a temporary move higher. Bearish divergence is expected to cap gains. Our profit targets will be 14346 and 14306 Resistance: 14500 / 14550 / 14583 Support: 14440 / 14380 / 14300 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:DE30EURShort
by OANDA
Buying DE40 at previous resistance.GER40 - Intraday - We look to Buy at 14481 (stop at 14399) We are trading at overbought extremes. There is no clear indication that the upward move is coming to an end. Daily signals are bullish. 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 14478. Our profit targets will be 14678 and 14708 Resistance: 14575 / 14700 / 14800 Support: 14500 / 14430 / 14350 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
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.
OANDA:DE30EURShort
by OANDA
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.
OANDA:DE30EURShort
by OANDA
InvestMate|DAX Where will the correction end? 🇩🇪🇩🇪 DAX Where will the correction end? 🇩🇪 The last few months on the main German DAX index have been really rich in growth since the bottom we have made a correction with a range of more than 22%. 🇩🇪 In my opinion, now is the right time for a correction and to look for where it could end. 🇩🇪 On the chart I applied several technical analysis tools. 🇩🇪 At the very beginning I determined an upward trend channel. From which we have not been able to break out. 🇩🇪 I measured from the bottom to the current peak the current upward wave using a fibo grid in order to find intervening places to buy. 🇩🇪 With the help of the 0.5 level of the entire upward wave and the fact that the price has reacted at these levels in the past, I determined a support zone. 🇩🇪 Based on the recent current highs, I determined a resistance zone. 🇩🇪 The scenario I am playing out is to execute a correction in the entire uptrend momentum to the support levels marked on the chart 🇩🇪 *Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario for further increases. 🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
DShort
by InvestMate
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.
OANDA:DE30EURLong
by OANDA
1