Correlation between Allianz stock and USA interest rates. I also point out the days between the start of hiking rates and the start of bullish period for the stock.
If GOLD will not break 1.400$, it should beging a bear market. Bear divergence - firsst goal 1.21 (support - main bull directrix)
Weekly chart: bear divergence with goal 1.21 (support of main bull directrix)
DOWJONES reached the Fibonnaci level 61.8% of drop from 26.600 to 23.300. Next goal is 24.600 (Fibonacci level 31% of incease from 23.300 to 25.400) to get force in order to break the bear directrix.
DAX bear divergence at monthly chart. It is important not to broke the great bull directrix.
First goal 11.200 (main bear directrix) - Then next goal 6.000 (there is several points to rebound)
There is bear divergence at the weekl chart with main goal on 1.19 (30 period exponential average).
My propose for EURUSD monthly chart. The main resistance point is 1.2740 (bear directrix).
Last goal was reached. Next goal 1.1550 (1h chart)
Next objetive 1.1720 with stop loss 1.1890
My objetive for EUR-SUD this week is 1.1650 according to chart.
If EURUSD (1h chart) closed below 1.1730, next objetive should be 1.1650-1.1660 according to chart.