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DE40

Buying DE40 on dips.GER40 - Intraday 9pm UK expiry - We look to Buy at 12534 (stop at 12444) Short term bias has turned positive. A lower correction is expected. Bespoke support is located at 12500. We look to buy dips. Our profit targets will be 12744 and 12794 Resistance: 12900 / 13000 / 13100 Support: 12800 / 12700 / 12600 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 testing key area after short covering bounceAfter yesterday’s sell-off, European markets bounced back, lifting US futures with them, ahead of the publication of the US CPI report. The recovery is potentially due to short-covering, but it may also have something to do with UK bond yields coming off the boil a little. There’s some speculation that the Bank of England will be forced to extend its October 14 deadline to end its emergency bond-buying programme. Despite the recovery, we reckon there is a risk that more losses could follow for EU stocks, as concerns about the health of the global economy continues to intensify. The German index has accepted to hold below the March (12431) and July (12385) lows, after last week’s recovery lost steam around the 21-day exponential moving average. With the index continuing to make lower lows and lower highs, there is no reason to be positive, despite today’s bounce. More evidence of a bottom is needed to convince us. Otherwise, we think that the path of least resistance is still to the downside, and as such one should expect to see more losses. If we are correct, then the bears’ next big target is the liquidity below last week’s low at 11810.
FOREXCOM:GER40Long
by FOREXcom
DE40 to breakdown from a triangle.GER40 - Intraday - We look to Sell a break of 12079 (stop at 12171) Trades with a bearish descending triangle formation. The bias is to break to the downside. 12096 has been pivotal. A break of yesterdays low would confirm bearish momentum. We look for losses to be extended today. Our profit targets will be 11861 and 11811 Resistance: 12200 / 12300 / 12400 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.
OANDA:DE30EURShort
by OANDA
DAX Broke the 4H MA50. Bearish extension.The German stock index (DAX) broke below its 4H MA50 (blue trend-line) on Friday after failed to break and being rejected on the 4H MA100 (green trend-line) earlier this week. This keeps the price inside both the short-term Bearish Megaphone pattern and the longer term Falling Wedge pattern. That break is a major sell break-out signal and targets directly the 11875 Support. Below that we can only take an extension if DAX makes a closing below the bottom (Lower Lows trend-line) of the Falling Wedge. Otherwise as the price approaches the 11875 Support, it becomes a buy opportunity towards the 4H MA200 (orange trend-line). ------------------------------------------------------------------------------- ** 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! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
EUREX:FDAX1!Short
by TradingShot
2
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.
OANDA:DE30EURShort
by OANDA
Selling previous GER40 support.GER40 - Intraday 9pm UK expiry - We look to Sell at 12185 (stop at 12256) Daily signals are bearish. Our bespoke support of 12200 has been clearly broken. Previous support at 12200 now becomes resistance. Preferred trade is to sell into rallies. Our profit targets will be 12004 and 11964 Resistance: 12000 / 12100 / 12200 Support: 11900 / 11800 / 11700 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 Lower bottom and recovery signal on 8-year patternThe German stock index (DAX) has been trading under Lower Highs ever since the late December All Time High (ATH). Ignoring the March 08 2022 breach due to the Ukraine - Russia war, the pattern is a Channel Down. The last two times DAX traded within a Channel Down was for the whole year of 2018 and April 2015 - July 2016. Both correction were almost a year and took place due to bearish fundamentals (U.S. - China trade war and Brexit, Grexit, VW scandal Oil respectively). Both previous Channel Down patterns made their bottom on the 1.236 Fibonacci extension from the previous Lower Low. If we apply this on the current Channel Down, we get the 1.236 Fib a little over 11400. That is roughly the low of the November 2020 U.S. Presidential election. In all patterns, the RSI trades under Lower Highs (with the exception of the actual ATH) way before the index top (indicating that strength was lost earlier), and when the RSI broke above that trend-line, it coincided with the price breaking above the Channel Down, thus starting a new 1 year Bull Phase. ------------------------------------------------------------------------------------------ ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoyed this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant and support me 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:DAX
by TradingShot
1
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.
OANDA:DE30EURLong
by OANDA
Buying DE40 Weekly pivotal levels.GER40 - Intraday - We look to Buy at 12452 (stop at 12359) With signals for sentiment at oversold extremes, the dip could not be extended. Weekly pivot is at 12426. Weekly pivot is at 12374. 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. Bullish divergence can be seen on the 4 hour chart (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. Support could prove difficult to breakdown. We look to buy dips. Our profit targets will be 12678 and 12758 Resistance: 12600 / 12700 / 12800 Support: 12500 / 12450 / 12400 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 Testing the March Support. Potential Triple Bottom.The DAX futures index (FDAX1!) followed exactly what we pointed out on our last analysis more than a month ago, as it got rejected on the All Time High Lower Highs trend-line (1) and is now approaching the Support Zone that started after the March 07 Low: As you see, that Support Zone has so far made a Double Bottom (March 07 and July 05) and along with the Lower Highs trend-line (1) have formed a massive Descending Triangle that is on the verge of breaking out. With the 1D RSI on Higher Lows since March 07, a bullish break-out is quite likely and it should target the 1D MA200 (orange trend-line) around the 0.382 Fibonacci retracement level. Note that the 1D MA200 has been untouched since February 02. However no further buying can be engaged with as the price will still be limited to the Lower Highs trend-line (2). In our opinion, only a break above the 1W MA50 (red trend-line) can restore the bullish sentiment on DAX on the long-term. If on the contrary the 12360 Support breaks, we expect aggressive selling that can target the -0.236 Fibonacci extension around 11435. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
EUREX:FDAX1!
by TradingShot
Selling into previous swing high DE40.GER40 - Intraday - We look to Sell at 12866 (stop at 12941) Our short term bias remains negative. Preferred trade is to sell into rallies. 50 4hour EMA is at 12871. Risk/Reward would be poor to call a sell from current levels. Our profit targets will be 12688 and 12648 Resistance: 12700 / 12800 / 12900 Support: 12600 / 12500 / 12400 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 has turned negative again.GER40 - Intraday - We look to Sell at 13014 (stop at 13081) Short term bias has turned negative. 50 4hour EMA is at 13034. 20 4hour EMA is at 13029. We look for a temporary move higher. Preferred trade is to sell into rallies. Our profit targets will be 12851 and 12811 Resistance: 12900 / 13000 / 13100 Support: 12800 / 12700 / 12600 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 a simple DE40 support.GER40 - Intraday - We look to Buy at 12901 (stop at 12829) We look to buy dips. We look for a temporary move lower. We are trading at oversold extremes. Bespoke support is located at 12900. Our profit targets will be 13078 and 13118 Resistance: 13100 / 13200 / 13300 Support: 13000 / 12900 / 12800 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
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.
OANDA:DE30EURLong
by OANDA