GER40 - Our View for the Next 5 Years ( Weekly) Hello Folks
This is my personal roadmap for tracking GER40 over the next five years, revisiting it month by month to see how things evolve.
Right now, I’m expecting a short-term pullback, but only for a brief period. If the market hits 20K early, it might need to take a breather before aligning with the right cycle timing. However, my focus remains clear: I’m only looking for long opportunities in the bigger picture.
The larger structure is bullish, and any short-term corrections are just part of the process before the next major move upward. It’s all about timing and staying patient as the market reveals its hand.
Let’s see how this plays out in the months ahead
Dax40
DE40, DAX SHORTLooking at the German DAX index, I am convinced about taking a short position. Over the next few days, I expect it to drop to 18250. What reinforces my view is the head and shoulders pattern on the daily chart. On the American index, some cooling off would also be welcome. I will try to keep this trade updated. Of course, this is just my personal market perspective.
Heading into 50% Fibonacci resistance?DAX40 (DE40) is rising towards the pivot which is a pullback resistance and could reverse to the pullback support.
Pivot: 19,194.43
1st Support: 19,038.61
1st Resistance: 19,346.88
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Heading into pullback resistance?DAX40 (DE40) is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 1st support which acts as a pullback support.
Pivot: 19,198.60
1st Support: 18,949.40
1st Resistance: 19,439.34
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
DAX looks unwell at these highsIt's been a tough few weeks for the DAX. But if the bearish reversal pattern on the daily chart comes to fruition, things could get a worse. I also factor in price action clues on the monthly candlestick chart, which again suggests things could deteriorate further before they get better.
MS.
DAX/GER30-40 - ALL THE WAY FOR RECOVERYTeam,
it has been a while since we are trading this.
Yesterday we did not post, we tried, but hit stop loss
then later I got all the money back as I expect the target hit. but we were using very tight stop loss, no room for movement
Today we are entering between 19050-19060 with STOP LOSS at 19035
Target 1 - 19086-95
Target 2 - 19126-335
Target 3 - 19211-19230
Please NOTE: once the price hit the 1st target, bring STOP LOSS TO BE. REMEMBER to take partial profit.
Bearish drop?DAX40 (DE40) has reacted off the pivot and could drop to the 1st support.
Pivot: 19,127.24
1st Support: 18,954.73
1st Resistance: 19,280.04
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
DAX 40 Loses Upward MomentumDAX 40 Loses Upward Momentum
Today, Germany's PMI data was released, according to Forex Factory:
→ German Flash Manufacturing PMI: actual = 42.6, expected = 40.7, previous = 40.6;
→ German Flash Services PMI: actual = 51.4, expected = 50.6, previous = 50.6.
The DAX 40 index (Germany 40 mini on FXOpen) showed a slight intraday increase, which could be viewed positively, especially given that last week, the index reached a yearly high.
However, the chart for the DAX 40 (Germany 40 mini on FXOpen) shows signs of the upward momentum slowing:
→ The RSI indicator is showing bearish divergence;
→ Price fluctuations are forming a triangle that could turn into a bearish reversal pattern known as a Bearish Rising Wedge (marked by black lines).
If a bearish break below the lower black line occurs, it might indicate that the bulls failed to maintain the momentum above the blue channel, within which the DAX 40 index had fluctuated for most of 2024.
Thus, a potential pullback towards the psychological level of 19,000 should not be ruled out.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
GER40 "GERMANY40 Index" Money Heist Plan on Bullish SideHallo! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist GER40 "GERMANY40 Index" based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 1H timeframe
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Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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DAX/GER retest yesterday high - prepare to shortTeam, with the DAX, we need to wait for the confirmation before we enter the short. We are waiting for the trend to be retested. And Confirm if it is a FAKE breakout.
We consider entering the short position at 18887-18883. STOP LOSS at 18953. We are updating pricing as well. Less confuse
Target 1 - 18832
Target 2 - 18790-18784
Target 3 - 18746-18723
DAX continues to trade around the all-time highs.DE30EUR - 24h expiry
Price action continues to trade around the all-time highs. Price action resulted in a new all-time high at 19050. Our short term bias remains positive. 50 4hour EMA is at 18663. A Morning Doji Star formation has been posted at the low.
We look to Buy at 18735 (stop at 18655)
Our profit targets will be 18935 and 18995
RR 2,5
Resistance: 18821 / 18900 / 19049
Support: 18800 / 18704 / 18600
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.
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DAX30/GER30 PREPARE TO SHORT ONCE THE PRICE HITTeam, I am waiting for the price to move toward our position to short.
We are considering shorting once the price hits below 18703-18697. The current price is at 18720
We assume the stop loss at 18775, but a safer stop loss level would be at 18817
Our target would be 18619.4. Please reduce or take profit from 50% to 70% of your volume at this price and trail your stop loss toward BE.
And second target is 18526
DAX 40 Reacts Positively to ECB's Rate Cut DecisionDAX 40 Reacts Positively to ECB's Rate Cut Decision
Yesterday, the European Central Bank’s Governing Council cut the refinancing rate, as expected, from 4.25% to 3.65%.
The ECB also stated that monetary policy would remain sufficiently restrictive "for as long as necessary" to ensure inflation returns to its medium-term target of 2%.
Financial markets responded with:
→ A strengthening of the euro. EUR/USD rose by more than 0.5% after the rate cut announcement.
→ A rise in European stock market indices.
For example, Germany's DAX 40 index (Germany 40 mini on FXOpen) received a bullish boost, which supports more optimistic conclusions in today's technical analysis:
→ Price movement fits within the ascending channel shown in blue.
→ The thickened line highlights that the median of the channel repeatedly acted as support before early August. As indicated by the arrow, it regained this role after the sharp decline on 5 August.
→ The linear regression channel (shown in purple) points to upward momentum.
Investors may feel optimistic, expecting that this autumn demand forces could lift the DAX 40 (Germany 40 mini on FXOpen) towards the upper boundary of the channel.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
SHORT DAX40 at the current market price Team we are shorting the at the current price of 18556, you can use stop loss at 18613 or 18684
Target 1 at 18511.2
target 2 at 18422
target 3 at 18383
Please note: once the price hit the first target at 18511.1 take 50-60% volume
trail your stop loss to 18613. There will be a consolidated period between 18480-18555, so please be aware