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Daxindex

DAX: Outlook and price targetsAfter the low of movement at 15048, the DAX index stabilized and was able to recover visibly after the formation of a reversal formation (double-buttom). The DAX is now again in the range that previously lasted several days with clear limits on the top and bottom. Outlook: The focus is currently on the support area 15488-15456. As long as the DAX can stay above this zone, LONGS are the first choice with price targets at 15647-15708. If this level has been processed, corresponding selling pressure can be expected, since the intersection of the upper limit level and the high connection run in this area. Only a sustained break through 15708 would enable further potential with a price target up to (initially) 15802 and above. On the other hand, should there be a significant break in the support zone at 15488-15456, this would activate a short setup. A reaction impulse up to the target range of 15344-15309 would then be possible. If the DAX can stabilize in this zone (double floor / neckline), the LONGS should again be favored. However, if this zone cannot be defended either (demand dominance does not occur), increased dynamics up to the previous area at 15110-15048 can be expected. If you liked the analysis, please give me a like and follow me to stay up to date. Note: Despite careful analysis, Global Investa does not accept any liability for the content, topicality, correctness or completeness of the information provided. The information provided does not constitute investment advice, purchase recommendations or investment brokerage.
XETR:DAX
by Michael-Neubauer
DAX resistance in the testThe German benchmark index is currently flirting with a possible continuation of the primary upward trend. However, in view of the negative seasonality and cyclicality from August onwards, the trees should not grow into the sky. The DAX has not yet been able to make a decision about the direction in which it will leave the established trading range of several weeks. The bulls are currently attacking the upper limit of the range again. Intraday, the record high of June 14th at 15,803 points was slightly surpassed in each of the past three trading days. However, the exemption in the sense of a daily closing price was still missing. What are the possible goals? After the formally completed abc correction, we still favor exhausting the remaining potential on the upside, which results from the still active price targets at currently 15,925-16,000 points, 16,111 points and (maximum) 16,187 points. However, the seasonal window of opportunity with a tailwind is slowly starting to close. Headwinds for the bulls can be expected from the beginning of August. In addition, the typical cyclical pattern before the federal election also acts as a burden. Period of weakness ante portas We consider the likelihood of a multi-month high and subsequent establishment of a medium-term downward trend in the event of an advance to the target areas mentioned to be high, also in view of the market situation that is already clearly overbought. In purely seasonal and cyclical terms, the chance for a significant low in September / October would then be good. We currently see relevant supports at 15,700 points, 15,632 points and 15,304 points. Below that, a bearish signal would result in the direction of 14,816-14,961 points. Note: Despite careful analysis, Global Investa does not accept any liability for the content, topicality, correctness or completeness of the information provided. The information provided does not constitute investment advice, purchase recommendations or investment brokerage.
XETR:DAX
by Michael-Neubauer
FDAX at significant resistance!Analysis and price targets for the FDAX - view in the H1 chart After a range between 15,433 / 15,696 points lasting several days, the FDAX recorded a stronger setback of 2.6 percent last Friday. The tested support level between 15.269 / 15.310 (lower green zone) was successfully defended, after which there was a V-reversal up to the significant resistance area at 15.670 / 15.696 (red zone). Course objectives on the bottom Below the aforementioned resistance range and the downward trend line from June 14, the FDAX initially remains short-heavy and trapped in a range with clear boundaries on the top and bottom. On the bottom, the next price targets are the 38 Fibo level at 15,589 (minimum correction) and the 50 level at 15,548 points (normal correction). This is where the significant support zone and the VPOC (Volume Point of Control) are located. The probability of a new high movement at this level is around 50 percent. Target areas on the top If the FDAX is able to move upwards early on, we prefer the 15,763 point mark and the range between 15,793 / 15,806 points as possible price targets on the upside. Always good trades! Global Investa Note: Despite careful analysis, Global Investa accepts no liability for the content, topicality, correctness or completeness of the information provided. The information provided does not constitute investment advice, purchase recommendations or investment brokerage.
EUREX:FDAX1!
by Michael-Neubauer
2
DAX: What is the current forecast? Buy now?Technical analysis of the DAX index - viewed in the D1 chart The DAX was able to defend its upward trend above the 50-day line despite a more volatile pace in the past trading days. It is still within walking distance of the record high of 15,803 points. A decision as to whether the index remains true to its seasonal pattern and can mark a new high in a timely manner in order to then switch to a corrective phase of several weeks to several months after a top in the course of July should be made in the coming trading days. Short term opportunities on the upside remain We continue to favor a temporary new high in the orbit of the remaining potential target areas at 15,900 / 16,000 points or 16,187-16,274 points in July. There are various Fibonacci extension targets, the capping resistance line along the highs of April 19 and June 11, as well as the upper limit (measured by indicators) in the weekly chart. A price confirmation would be seen in a daily close above the current resistance at 15,803 points. After the targeted high, we expect a medium-term downtrend to be established. Trigger zone on the bottom From our point of view, the alternative would be an upstream slide below the critical support zone at currently 15,448-15,461 points, especially at the end of the day. A horizontal accumulation zone and the 50-day line act as support themes here. In this case, we would classify a dynamic sell-off in the direction of 15,309 points and then 14,816-14,961 points as likely. Below the last-mentioned zone, the higher-level chart image would then also become significantly clouded. Note: Despite careful analysis, Global Investa does not accept any liability for the content, topicality, correctness or completeness of the information provided. The information provided does not constitute investment advice, purchase recommendations or investment brokerage.
XETR:DAX
by Michael-Neubauer
DAX - the rally continuesTechnical analysis of the DAX index - viewed in the D1 chart The German benchmark index DAX seems to want to end its consolidation phase and in this context only recently turned up again in the support area of 15,450 to 15,500 points. US labor market data (NFP) are back on the agenda for Friday. These could provide further boost towards a new all-time high. Prices over 16,000 points therefore only seem like a question of time. From a medium-term projection perspective, further upside potential of up to 16,665 points is permitted above this round price mark. Accordingly, the bulls stay on course and ensure the continuation of the rally movement, which can generally be defined as absolutely intact. However, increased volatility must be taken into account on Friday. The cards for the further course of the course will be shuffled in July. In any case, it would only become critical for all bulls if they fell below the reaction low of June 21. Quotes below 15,300 points allow further losses towards the 14,800 point mark. Note: Despite careful analysis, Global Investa does not accept any liability for the content, topicality, correctness or completeness of the information provided.
XETR:DAX
by Michael-Neubauer
DAX analysis: Does the DAX follow the seasonal pattern?Current analysis of the DAX index - viewed in the H4 chart The DAX shows an intact medium and long-term upward trend. The last time it reached a record high of 15,803 points was on June 14th. The setback that has been ongoing since then led to the successful test of the rising 50-day line on Monday and the formation of an intraday correction low at 15,309 points. Based on this, the bulls reported back impressively and were able to reach a recovery high of 15,653 points by Tuesday. Overall, there are still potential course targets at 15,900 / 16,000 and possibly around 16,200 points to be processed. In view of the typical seasonal pattern, it would be conceivable that these levels could still be reached before the weak stock market phase starts in mid / end of July and a clearer correction phase lasting several months moves onto the agenda. A corresponding confirmation would be a sustained increase of over 15,803 points at the end of the day. With a view to the short-term chart image, however, in the event of a significant slide below the support at currently 15,498 points, we favor an immediate continuation of the corrective phase with possible goals at 15,309 points, 15,193 points and 14,816-14,961 points. Finally, below the last-mentioned zone, the overall chart image would also become significantly clouded. If you liked the analysis, please give me a like and follow me to stay up to date. You support my work tremendously! What do you wish for? Which underlyings do you like? Feel free to write to me in the comments Despite careful analysis, Global Investa accepts no liability for the content, topicality, correctness or completeness of the information provided.
XETR:DAX
by Michael-Neubauer
DAX - Will we see further decline?DE30 - Will we see further decline? Technical aspects: Pattern: Wedge / Bear flag Support: 15227, 15177, 15127 Resistance: 15333, 15370, 15415 I've been short since early this morning, taken 70% profits off - I will be eyeing the price action throughout the days ahead. Could wait for the break out and trade the pull back (retest) then trade the direction confirmation. Yes, I've changed the colour scheme and trying to make it as simple as possible for you to understand - I do tend to switch colour schemes up on my trading platforms I use as time goes by! Trade Journal (Just a trade idea, not a recommendation)
D
by Trade_Journal
DAX – Correction overdueShort analysis on the DAX in the context of the cyclical calculation On further rising prices is to be counted on the German leading index only with very much imagination. On the contrary! According to our calculations, a price decline of several weeks must necessarily be included. We strongly advise against any long positions in the current environment. We see the probability of a further rise with a good risk-reward ratio only far in March. Our subscribers will receive the coming low (exact turning date and probability of hit) as usual via our distribution list. Notice: Despite careful analysis, Global Investa does not guarantee the content, timeliness, accuracy or completeness of the information provided. In particular, the information provided does not constitute investment advice, a recommendation to buy or investment brokerage and can in no way replace investor and investment advice from a professional investment advisor who takes into account the individual economic circumstances and the level of experience of the customer.
XETR:DAX
by Michael-Neubauer
DAX Remains Bullish - Strong Gap to the UpsideNice gap higher this morning suggest further upside growth expectations with the DAX ------------------------- Please don't forget to FOLLOW, LIKE, and COMMENT ... If you like my analysis:) Trade Safe - Trade Well Regards, Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc. RISK DISCLAIMER Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in Forex you should consider your knowledge, investment objectives, and your risk appetite. Only trade/invest with funds you can afford to lose.
XETR:DAXLong
by Michael_Harding
DE30EUR 2021 Jan 06 Midweek Update OANDA:DE30EUR DE30EUR 2021 Jan 06 Midweek Update Could this wide spread down bar on ultra high volume be accumulation? Keep your eyes on 13681. It is back into a previous supply zone, circled, so I'll be cautious at the moment. If price goes below 13533 then we would likely see a change in trend. 13681 : if it holds, then we can see a test of the high. Resistant1: 13890 - 13928 Resistant2: 14020 Resistant3: 14090 Support1: 13568 - 13590 Support2: 13458 Support3: 13349 Support4: 13233 - 13250 Click like if you find this useful. Thanks!
OANDA:DE30EUR
by paradox677