DAX reached 40-week high.GER40 - Intraday - We look to Buy at 14505 (stop at 14419)
Our short term bias remains positive.
We look to buy dips.
20 4hour EMA is at 14490.
Traded to the highest level in 40 weeks.
Our profit targets will be 14705 and 14745
Resistance: 14718 / 14750 / 14800
Support: 14600 / 14500 / 14400
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.
Ger40
DAX held the 1D MA50 going for the 9-month Resistance.DAX is on a very strong rebound after holding the 1D MA50 (blue trend-line) as Support, having closed all 1D candles above it since December 20. As mentioned on previous analyses, the target is the 14680 - 14950 Resistance Zone. We are looking to take profits on the first sign of rejection within that zone.
Beyond that, we will buy either after a 14950 bullish break-out, i.e. a 1D candle closing above 14950 and target the top (Higher Highs trend-line) of the Channel Up within 15300- 15400. That is located directly below the February Resistance Zone.
As long as the 1D MA50 holds, (i.e. candle closing above it), buy on the short-term and target 14680. A closing below the 1D MA50 should take DAX to the 1D MA200 (orange trend-line), located at the bottom (Higher Lows trend-line) of the Channel Up. Keep an eye also on the 1D RSI Buy Zone for medium-term buys.
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DAX: Bullish after breaking the 4H MA200DAX easily broke above the 4H MA200 (14,248.20) yesterday, which as I've mentioned in the past 2 weeks is the most crucial level on the medium-term, and the trend shifted back to bullish again long-term. This is evident also on the 1D time-frame (RSI = 58.733, MACD = 21.600, ADX = 18.725), whose RSI turned bullish for the first time since December 14th. This is all a result of holding the 1D MA50 (14,052.30) as a Support and the Golden Cross 4 weeks ago.
As mentioned previously, the 4H MA200 break would be a buy break-out for me and now I am targeting 14,700, which is just below the June 6th High of 14,710. Technically the 4H MA50 (14,017.50) should now act as a Support/ buy entry. My attention fundamentally is on the FOMC Meeting Minutes today and more importantly the Non-farm Payrolls on Friday. All prices mentioned on my analysis are on DAX futures current contract in front.
Trade setup GER40 SHORT 22/12/22Good evening,
Have entered a short position on the GER40.
Chart formed a bearish engulfing pattern rejecting the 21EMA and resistance 14200 area.
Hope price will continue to fall .
Details setup are:
Invested $70
Entry 13880
SL 14200
TP 13435
Leverage 20 x
Good luck
Spyros
DAX Can it avoid the drop on this 4H Death Cross?The German stock index (DAX) just hit the 4H MA50 (blue trend-line) and it getting rejected. This pull-back has high probabilities of turning into a sustainable sell sequence to a Lower Low considering that just two days ago a Death Cross was formed on the 4H time-frame, which is when the 4H MA50 crosses below the 4H MA200 (orange trend-line).
In 2022 every 4H Death Cross failed on or below the 4H MA50 and made a Lower Low with an average -5% fall. A repeat of that would pull DAX down to 13500.
In order to avoid the consequences of the Death Cross, the price needs to close above the 4H MA200, in which case we will target the bottom of the 14570 - 14680 Resistance Zone.
Notice the Lower Highs pattern on the RSI how consistent it is as a bearish signal. We just formed a Lower High.
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Dax - Looking To Sell Pullbacks In the Short TermH4 - Price respected a key resistance zone and bounced lower.
Bearish divergence.
Lower lows.
H1 - Bearish trend pattern.
Currently it looks like a correction is happening.
Until the two strong resistance zones hold my short term view remains bearish here.
DAX Can dip even lower with the RSI being the keyThe German stock index (DAX) has had a strongly bearish week as it got rejected just below the 14700 June 06 High, inside the greater Resistance Zone that is holding since March 29. As we mentioned last week, this is a much needed technical pull-back following the +24.50% rise since the October 03 Low. The 1D RSI got vastly overbought above 80.000 and it is only natural for the market to seek to normalize these levels.
The 1D RSI is now almost at 40.000 but based on the Support Zone (green) that has been holding for over a year, it can dip to 30.000 if not lower before DAX turns into a buy opportunity again long-term. This will most likely be below the 1D MA50 (blue trend-line) with the 1D MA200 (orange trend-line) being the 1st Support and the Higher Lows trend-line the 2nd.
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DAX40 - Previous support at 14200 now becomes resistanceDAX40 - Intraday - We look to Sell at 14214 (stop at 14291)
Short term bias has turned negative. Previous support at 14200 now becomes resistance. We look for a temporary move higher. Preferred trade is to sell into rallies.
Our profit targets will be 14031 and 14001
Resistance: 14040 / 14100 / 14200
Support: 13956 / 13900 / 13800
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
DAX: Still in an Ascending Triangle. Opportunities both ways.DAX couldn't have given us a better trade yesterday as following the lower than expected U.S. CPI (which is a big plus in the ongoing battle to control inflation), the price broke above the 4H MA50 (14,376.70) and came close to the 14,710 (June 6th 2022 High) Resistance, getting rejected at 14,670, which is a Higher High since November 14th.
The price is now back down to the 4H MA50 and it remains to be seen if it acts as a Support. With 4H neutral again (RSI = 52.784, MACD = 16.600, ADX = 23.724) but especially ahead of today's critical Fed Rate Decision, the price can swing both ways and even more so violently. The 4H MA200 is at 14,103.20 now, and will be my buy entry but if we close the day below 14,100 I will book the loss and instead sell, targeting the 1D MA50 (13,646.70 and rising rapidly), which is the ultimate Support during long-term uptrends.
If however the price breaks above 14,710 first, I will take the break-out buy and target the 14,940 (March 29 2022 High) Resistance.
Previous DAX chart:
Buying GER40 at previous resistance.GER40 - Intraday - We look to Buy at 14381 (stop at 14309)
Short term momentum is bullish.
Short term bias has turned positive.
50 4hour EMA is at 14380.
Previous resistance at 14380 now becomes support.
We look for a temporary move lower.
We look to buy dips.
Daily signals are bullish.
Our profit targets will be 14558 and 14588
Resistance: 14500 / 14550 / 14600
Support: 14430 / 14380 / 14340
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.
DAX 1D Golden Cross is bullish but mid-term indicates volatilityToday the German stock market (DAX) completed a Golden Cross pattern on the 1D time-frame, which is when the 1D MA50 (blue trend-line) crosses above the 1D MA200 (orange trend-line). That is technically a bullish formation and that is what we interpret it as, at least on the long-term. Historically a 1D Golden Cross delivers new Bull Phases on DAX and it was such a Cross that took it out of the last major Bull Cycle in 2009 (U.S. housing crisis).
On this study though we give particular attention to the previous two Golden Crosses, which all share similar characteristics to today's. Once the index broke above the Bear Phase's Lower Highs trend-line, the Golden Cross was formed shortly after, with the 1W RSI getting rejected on roughly the same level (red Resistance Zone). On both occasions the price pulled-back to at least the 1D MA200. That is currently at 13540 and should stay around this level through-out Q1 of 2023. If a similar Megaphone pattern transitions DAX into the new Bull Phase, then we expect the index to have bottomed around the 1D MA200 by the end of Q1 (March) 2023 and then rebound towards recovering its All Time High.
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GER40 to extend losses?GER40 - Intraday - We look to Sell a break of 14239 (stop at 14331)
Short term bias has turned negative.
The trend of higher intraday lows has also been broken.
Our outlook is bearish.
We look for losses to be extended today.
A break of yesterdays low would confirm bearish momentum.
20 1day EMA is at 14240.
Our profit targets will be 14012 and 13962
Resistance: 14330 / 14380 / 14450
Support: 14240 / 14150 / 14000
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.
DAX: aiming at the Support below the 4H MA50.The price failed to break above the 4H MA50 (red) and dropped more to a new Low. This is getting closer to our 14,150 short-term target just above the 14,130 Support (formed from the low of November 15th). 4H is now close to oversold territory (RSI = 34.750, MACD = -47.400, ADX = 59.234) so we might see a short term rebound back to the 4H MA50 (14,446.70 and dropping) but with a break below 4,100 we will extend selling to the 4H MA200 (currently at 13,898.60). The 1D RSI remains bullish (57.430) though but we're only willing to buy as of this point if the price breaks above the 14,710 (June 6th 2022 High) Resistance and target the 14,940 (March 29 2022 High) Resistance.
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Buying DE40 close to market.GER40 - Intraday - We look to Buy at 14433 (stop at 14364)
Intraday signals are bullish.
Our short term bias remains positive.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
The trend of higher lows is located at 14430. We look to buy dips.
Our profit targets will be 14598 and 14648
Resistance: 14550 / 14605 / 14700
Support: 14430 / 14360 / 14300
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.
DAX: Short term outlookDAX continues to slowly but steadily grind higher using the 4H MA50 (14,451) as Pivot. With such neutral 4H technicals (RSI = 50.442, MACD = 15.00, ADX = 16.012), we will engage today in scalping activity within the 4H Bollinger Bands (14,590 - 14,389). A break above 14,650 would be a break-out bullish call targeting 14,710 (June 6th 2022 High) Resistance, while a closing below 14,320, would be a break-out bearish call targeting 14,150. A closing above the 14,710 Resistance would be a bullish break-out signal targeting the 14,940 March 29th 2022 High.
DAX40 - A break of yesterdays low would confirm bearish momentumDAX40 - Intraday - We look to Sell a break of 14319 (stop at 14401)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Posted a Treble Top formation. A bearish Head and Shoulders is forming. A break of yesterdays low would confirm bearish momentum. Spikes (rejections) can be seen in both directions highlighting indecision.
Our profit targets will be 14111 and 14061
Resistance: 14450 / 14500 / 14583
Support: 14340 / 14250 / 14150
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
DAX 's incredible 8 straight green week rally may come to an endThe German Index (DAX) hit last week its 1W MA100 (green trend-line) and early this week, the 1W candle is pulling-back in red. If it closes this way, it will be the first week of loss (red) since late September, running an amazing streak of 8 straight green ones.
With the 1W RSI almost reaching 65.000 for the first time since November 15 2021 (a whole year ago), a potential 1W MA100 rejection can draw comparisons with the post U.S. - China trade war recovery early in 2019. As shown on this chart, DAX pulled-back on the 2nd week after breaking above its 1W MA100 and the pull-back broke marginally below the 1W MA50 (blue trend-line).
A megaphone pattern of Higher Highs and Lower Lows took the price just below the 1W MA200 (orange trend-line) before recovering and post a strong rally that broke slightly above its Resistance Zone from the previous All Time Highs.
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GER40 to extended losses from engulfing.GER40 - Intraday - We look to Sell a break of 14319 (stop at 14401)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Posted a Treble Top formation.
A bearish Head and Shoulders is forming.
A break of yesterdays low would confirm bearish momentum.
Bearish engulfing has been posted on last candle.
Our profit targets will be 14131 and 14081
Resistance: 14450 / 14500 / 14583
Support: 14340 / 14250 / 14150
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.
DE40 posted a treble top.GER40 - Intraday - We look to Sell at 14549 (stop at 14631)
We are trading at overbought extremes.
Posted a Treble Top formation.
Rallies should be capped by yesterday's high.
We look for a temporary move higher.
Bearish divergence is expected to cap gains.
Our profit targets will be 14346 and 14306
Resistance: 14500 / 14550 / 14583
Support: 14440 / 14380 / 14300
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.
dax 4hour scenario : dax reach fibo61 daily ,now must go down we have 3 gap on phisical cash DAX INDEX ,personaly i think red scenario will happend THEN as i predict in low, before dax will see 14800-15000 area
AC indicator show new +up trend will start if if if last low 14500 not break ,,,,if 14500 break signal will switch to sell
ALERT: END OF YEAR +RALLY CAN START
good luck
Buying DE40 at previous resistance.GER40 - Intraday - We look to Buy at 14481 (stop at 14399)
We are trading at overbought extremes.
There is no clear indication that the upward move is coming to an end.
Daily signals are bullish.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
20 4hour EMA is at 14478.
Our profit targets will be 14678 and 14708
Resistance: 14575 / 14700 / 14800
Support: 14500 / 14430 / 14350
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.
DE40 to breakdown?GER40 - Intraday - We look to Sell a break of 14309 (stop at 14401)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A break of the recent low at 14319 should result in a further move lower.
We are trading at overbought extremes.
A Doji style candle has been posted from the high.
Our profit targets will be 14081 and 14021
Resistance: 14500 / 14600 / 14700
Support: 14400 / 14310 / 14150
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.