Get started

DAX Index

DAX traded to the highest level in 62 weeks!GER40 - 24h expiry - Daily signals are bullish. Traded to the highest level in 62 weeks. There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 15683. 15791 has been pivotal. A break of the recent high at 15791 should result in a further move higher. We look to Buy a break of 15801 (stop at 15681) Our profit targets will be 16101 and 16151 Resistance: 15791 / 15900 / 16000 Support: 15630 / 15600 / 15500 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: Holding the 4H MA50. Accumulating for the next rally.DAX is trading on a Rising Wedge pattern inside a Channel Up, whose 4H RSI just hit the 1 month HL trendline. The 1D technicals remain bullish (RSI = 58.718, MACD = 105.900, ADX = 38.304) hence the long term trend upwards. As long as the 4H MA50 holds, our target remains the top of the Rising Wedge (TP = 16,100). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:DE40Long
by InvestingScope
3
Ger30 ShortGer30 Short potential Short it now The GER30 daily chart is trading in its bullish channel between its upper blue and red bands. It RSI is trading above 50 (green rectangle). The longer it maintains on the bullish side of 50 the greater the probability of higher prices ahead. The hourly chart shows a strong start to today's trade. The trend following EMAs and the momentum-based stochastic have turned up (black ellipses). If the stochastic makes its way to the 80+ levels (blue arrow) and holds it will denote a strong underlying bullish momentum is present.
GShort
by albinfx
xDAX forecast 04/11/23 For the 11.04.23 we see the following trend reversal zones: Up 3 15,674 Up 2 15,656 Up1 15,612 MoB 15,594 Down 1 15,584 Down 2 15,536 Down 3 15,518 5 days Trend barometer The signal changes back from neutral to bearish again. Technical Assessment There is nothing more to add to the working theses published in the past few days. We continue to wait for the XETRA GAP close and the completion of the bearish pattern before we get back to the content of the technical chart analysis. The fluctuation ratio of 1.228 signals a bullish bias in the 15,674.29 / 15,535.69 area. We see the flipping point ( Sigma n1 ) at 15,715 or 15,480. This means that from these zones onwards, self-reinforcing reactions UP and DOWN can occur. Technical stops UP DOWN 261.80% 15,978 15,162 200.00% 15,881 15,259 161.80% 15,822 15,318 138.20% 15,785 15,355 127.20% 15,768 15,372 100.00% 15,726 15,414 88.60% 15,708 15,432 76.40% 15,689 15,451 61.80% 15,666 15,474 50.00% 15,648 15,492 38.20% 15,629 15,511 23.60% 15,607 15,533 14.60% 15,593 5,547 MOB 15,570 Note nothing has to be - everything can A rolling, volume-based trend-following system is used to create this forecast, which was determined using mathematical-statistical methods and partially enriched with technical chart content Forecasts are what they are: a look into the future, including the past, which can change dynamically, positively or negatively, from the time of publication
DShort
by skiski
Will DAX continue to breakdown?GER40 - 24h expiry - We look to Sell a break of 15529 (stop at 15649) We are trading at overbought extremes. Bearish divergence can be seen on the 4 hour chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. The bearish engulfing candle on the daily chart is negative for sentiment. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A break of the recent low at 15479 should result in a further move lower. We look for losses to be extended today. A higher correction is expected. Our profit targets will be 15229 and 15179 Resistance: 15660 / 15740 / 15800 Support: 15552 / 15500 / 15370 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 formed the 1st Golden Cross in 3 months.DAX completed a Golden Cross pattern on the (4h) time frame, the first such occurrence since January 10th. The RSI (4h) has pulled back considerably, harmonizing the overbought conditions of last week. Trading Plan: 1. Buy on the current market price and as long as it stays over the MA50 (4h). Targets: 1. 16000 (+11.00% rise). Tips: 1. RSI (4h) is copying the bullish leg of of December 16th-January19th. Some room to pullback more and off a new High. Please like, follow and comment!! Notes: This is a continuation of this trading plan:
CAPITALCOM:DE40Long
by TradingBrokersView
GER40 to breakdown at overbought extremes?GER40 - 24h expiry - We are trading at overbought extremes. Bearish divergence can be seen on the 4 hour chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. The bearish engulfing candle on the 4 hour chart is negative for sentiment. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A break of the recent low at 15551 should result in a further move lower. We look for losses to be extended today. A higher correction is expected. We look to Sell a break of 15598 (stop at 15718) Our profit targets will be 15298 and 15248 Resistance: 15660 / 15740 / 15800 Support: 15552 / 15500 / 15370 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 momentum has stalled at 2023 highs.GER40 - 24h expiry - We are trading at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. 15708 has been pivotal. A higher correction is expected. Rallies should be capped by yesterday's high. We look to Sell at 15699 (stop at 15819) Our profit targets will be 15401 and 15341 Resistance: 15662 / 15708 / 15800 Support: 15550 / 15470 / 15350 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 This wave still has room to riseDAX has gone a long way since our buy recommendation 2 weeks ago (see chart below). The technicals on the 1D time frame are firmly bullish (RSI = 60.575, MACD = 68.200, ADX = 31.986) and the RSI in particular is out of its Buy Zone and approaching the top of the Channel Down. The index is trading inside a Channel Up for exactly 5 months and every bullish wave has so far been within 11.50% - 11.85%. If it rises by +11.50% again from the recent bottom, then we are looking at a target price around 16,130. Our TP is 16,000. It is important to keep in mind the long term dynamics on DAX and what stands out in particular is how perfectly the 1D MA100 supported March's correction. In fact, DAX hasn't closed a 1D candle under the 1D MA100 since October 24th 2022. Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:DE40Long
by InvestingScope