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Dax40

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.
FXOPEN:GDAXIM
by FXOpen
2
DAX(GER30), nuke is coming?I explained the fundamental part in my EURUSD post. Check it out here: Now, let's talk about the technical part: At the London opening, we saw significant manipulation downward with a liquidity sweep from the previous day's low (PDL) and other swings. Now, I would love to see an aggressive movement upwards toward the all-time high (ATH), where I'll be looking for a short setup. However, if the price closes on the 1-4h time frame with a big fat candle, I won't touch the GER40 (DAX) for a while because there won't be any targets ("sky is the limit") to get liquidity from. There's one possible scenario: a move into premium after the first market structure (MS) shift today, followed by a second shift (break of structure, BoS). Bearish order flow will be confirmed, with the final target being the 4h fair value gap (FVG).
FOREXCOM:GER40Short
by Almenio
DAX ahead of a mega 1W Bullish Cross.Last month (July 15, see chart below), we made a bold Megaphone prediction on DAX (FDAX1!), which delivered both an excellent sell opportunity and a bottom buy entry: The situation now is more difficult as despite DAX's recovery, the U.S. markets are under a certain degree of volatility. We need to zoom out to the 1W time-frame to answer that and get a better understanding of the long-term trend. The key development will be the upcoming formation of a 1W MACD Bullish Cross. It will be the first since November 20 2023, which was in fact the last time the index hit and rebounded on the 1W MA100 (green trend-line), forming the previous Higher Low of the 2-year Channel Up. As a result, having already tested and rebounded earlier this month on the 1W MA50 (blue trend-line) for the first time in 9 months, we believe that the current 4-week green rally will be extended. The last two Bullish Legs of the Channel Up initially rose by +16.74% and +23.84% before their first corrective pull-back. As a result, our Target on the medium-term is 19800 (+16.74% rise from the recent bottom). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, 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 us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:DE40Long
by TradingShot
Rheinmetall just surpassed their All-time high!Good afternoon everyone. GETTEX:RHM just surpassed their All-Time high (Adjusted for dividends). They tested their new resistance at €568.274, which is about 0.8% above their previous All-Time high from April 09th. There will likely be a small correction in the next few days. Worst case, Rheinmetall has a downward potential of 17.9% to their last big support zone, but in my opinion, this is highly unlikely. I will personally hold Rheinmetall, as I'm still seeing big potential in them. I'm working on a bigger Analysis on Rheinmetall's Long-Term potential, which will be published in the next few days. Please check out my Analysis on the Uranium mine GETTEX:CJ6 I wish you a pleasant weekend, see you soon.
GETTEX:RHM
by henriklmao
DAX to find buyers at market?GER40 - 24h expiry A Morning Doji Star formation has been posted at the low. A Doji style candle has been posted from the base. The primary trend remains bullish. Daily signals are bullish. Yesterday's Marabuzo is located at 18415. We look to buy dips. We look to Buy at 18415 (stop at 18315) Our profit targets will be 18665 and 18725 Resistance: 18509 / 18600 / 18700 Support: 18430 / 18350 / 18220 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
Bearish drop?DAX40 is rising towards a resistance level which is a pullback resistance and could reverse from this level to our take profit. Entry: 18,275.79 Why we like it: There is a pullback resistance level. Stop loss: 18,386.59 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement. Take profit: 17,931.01 Why we like it: There is a pullback support level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:GER40Short
by VantageMarkets