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GERMANY 30

DAX monthly outlookAs the price level pulled back into bullish territory, May candle found resistance at the 50SMA on monthly chart and closed below the 61.8%. That is strong resistance. So far, as economies in Europe reopen, we still look on the bullish side for now, but need the break of 50SMA for more confirmation. ECB rate announced on Thursday will shed more light on the QE measures and show us more direction for the index. 1 hour time frame (see below) shows potential to pull back to 11200 territory. Increased riots in USA and fear of similar situation in Europe puts pressure, so EU and UK governments are expected to bolster public morale. Please support the idea and share your thoughts on DAX! Good Luck and Stay Healthy!
XETR:DAX
by Antonio_trader
#de30y - Please, please take the money ;-) #eurobonds #ecb #fedPlease, please take the money and keep it forever. Repayment is just like interest payment - devil's stuff, that's why the investors like to pay the interest to the (above all, God like) German government, so the burden of economic decision is taken away from the investors. The honorable and cheered government can distribute the money to all big companies and their shareholders, as well as to our EU-Friends. (Irony off) 1st target: - 0.9% p.a. 2nd target: - 1.5% p.a. 3nd target: monetary reform Greetings Stefan Bode
TVC:DE30Y
by StefanBode
6
Psychological fear and freed patternI am still waiting for an opportunity to short, in my view, we see a glimmer of hope until august - september. But I guess when it gets colder more people will go to the doctor and become sick, so more corona infections. My assumption is that insider will trade some weeks before that corona wave 2 to save their assets. This second wave would be fatal, cause stimulus injections will be limited this time and corona will end only until 2021 may. A big Insolvency wave will drain the market. In my view I see black
OANDA:DE30EURShort
by Nokoldamus
Dax idea - multi time frameDax tried to go lower and found support this week this isn't over yet. Next week i believe we will have some positive days moving towards the wave (4) a key resistance level for dax. It is expect to see a rejection at his level bringing the price down to complete last wave (5) attached to this idea is the Sp500 and last week De30 analysis Last week i mention we were going to move towards an ABC correction and looks like we are on track. Take a look at that chart too
OANDA:DE30EUR
by Hybriss
DAX potential buyWe are in earnings week, with a massive list of companies reporting their financial figures. Markets expected be highly volatile. Some technicals may be pointless. It is also the last week of April. Looking at DAX we see that it is currently in the 2nd consolidation channel since the lows, right below the 50% Fib level. A break to the upside is a buy signal to 11500 target. Alternatively, we can sell on smaller time frames is a reverse pattern occurs. With EU countries slowly expected to ease lockdown in May, markets want so positive sentiment. Please support the idea and share your thoughts on DAX. Good Luck and Stay Healthy!
OANDA:DE30EUR
by Antonio_trader
1
DE30 Diamon & Double top - MACD & RSI DivergencySeveral indications to be on the short side next week. CURRENCYCOM:DE30 CURRENCYCOM:DE30 - MACD divergency - RSI divergency - Diamond pattern completed - last hours started to form a nice double top set up putting even more selling pressure on the DE30 for the following week Strategy: - wait for confirmation of Double Top and short. You can set positions to go long here as well as some short quick profits in case it doesnt breakt the diamond pattern - If we see double top breakout this will trigger the diamond pattern and flag breakout on the daily aiming for a long short with nice risk reward
OANDA:DE30EURShort
by Hybriss