Bundfuture
FGBL in an increasing hallwayHello traders,
The FGBL is growing in an upward trend. The hallway of growth limits the evolution of the FGBL.
So, what we expect is that the FGBL will continue playing inside that hallway, but in an increasing trend in long term.
If the FGBL breaks down the secondary support, it will decrease so that it bounces on the support S1.
But, if it can break the resistance S1, we can say it will leave that hallway in a new increasing trend.
(Alert) Good Buy Signal for FGBL at 175.84 Price ZoneFor now we can keep our position on FGBL (Euro Bund 10Years) and buy more at 175.84 because there are good signals that it will Continue to go up in the next couple hours Until it reach to price zone ( 176.32 to 176.17 ) and then it will bounce back.
Theres a good Buy signal on 175.84 price zone that will have a great probability of winning (Time Frame 1H)
My Proposition for Entry : 175.84
My Proposition for Target : 176.32 to 176.17
My Proposition for Stop Loss: 175.36
EURO - Where the money in the Euro-Area flowsHere you can see where the money in the euro area flows. It is clear that a lot of money is flowing out of the euro area but within the euro area the safe havens are being sought. At the moment these are still the German government bonds and you can see that very nicely since March and yesterday's panic high of the Eurobund Futures. After a short consolidation, I expect more highs to Bundfuture.
That means a Lot more stress in the Euro- and Banking-system. Be careful with financials!
The idea published here serves for the time being as illustrative material and has yet to establish itself.
Greetings from Hanover
Stefan Bode
P.S. Press "Like" if you like it ;-)
Bund back on support, potential for a bounce!Bund is back on major support at 159.26 (Fibonacci retracement, horizontal overlap support) and a potential bounce could occur at this level to push price up to at least 160.65 resistance (Fibonacci retracement, horizontal pullback resistance).
RSI (34) is also making a nice pullback to previous resistance-turned-support line.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Bund has made a bullish exit, potential for further rise!Bund has made a bullish exit and sees major support at 159.26 (Fibonacci retracement, horizontal overlap support). A strong rise could occur from here pushing price up to 160.65 resistance (Fibonacci retracement, horizontal pullback resistance).
RSI (34) has made a bullish exit signaling that there’s a change in momentum from bearish to bullish.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Bundwe have now a big run. If the indices goes more down that is what i think (cause DAX 11800/500) than we see next week 165,00 at BUND but not more for me.
So watch out till the market turn's into downtrend. At the next rollover at Sept.8th we see 161,00 or lower!
Look at your plan and good luck to all.