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Germany

Is Dax about to crash? I don't think so!It apears that DAX is likely to crash as it has formed a beautiful head and shoulder pattern. It is possible but I think DAX is less likely to break to the downside because: (a) DAX is completing the complex fourth Elliott wave which has retraced back exactly 38% of the third bullish wave started in June 2016. It is now likely to move up in the fifth wave. (b) DAX has not broken the bottom of the red channel (yet) which has remained intact since 2009. DAX can moves up after gaining support from the bottom of the channel. (c) Everyone thinks that it is about to crash and it cannot be that obvious!! Although anything can happen, but I think that DAX is more likely to move up from here, and reach the 15000 level before dropping back to around 10000. However, please pay attention to how the bottom of the red channel behaves. This idea will only work if the bottom of the red channel acts as support. If it breaks and starts to offer resistance, then the head and shoulder pattern will do what it is supposed to do! PS: This analysis is just for educational purposes and is not a recommendation to buy or sell. Please do your own research and trade at your own risk. Cheers ND
XETR:DAXLong
by ndau
1
The Dollar is King This chart shows a relationship that every trader who is serious with the business has to keep in mind. The dollar is king, A STRONG DOLLAR ends up WEAKENING EMERGING MARKETS . This causes a capital flow away from them into safer dollar assets. Right now , my game plan for the foreseeable future is to look for a short with good risk reward in the EEM as a whole , or break it down into its constituents and look for specific shorts in its holdings. This dollar strength will also affect commodities , Stocks tied to commodities , XLE , and a myriad of other assets Exciting times.
AMEX:EEM
by mberoakoko
The Italian narrative is creating a buying opportunity for DAXI posted a video this morning with thoughts regarding the Euro and the narrative of a crisis being premature at best! Inflation numbers came out for Germany this afternoon at 0.6% versus expectations of 0.3%. Year on year we are at 2.2% which is far above last months 1.6% and above expectations of 2%. On that news we should see the euro strengthen and given the EU is a net importer econ activity should rise in tandem!
FX:GER30Long
by UnknownUnicorn266486
2
DAX strong enough to keep rising?As we see, DAX already broke the channel resistance but seems to be preparing for consolidation zone. Still unclear. Movement too close to the starting point, so slightly bullish, but no longer out of risk, so at any time we can see a completely different scenario. It is completely out of mind that the world is being ruled through twitter for these days. Learn how to beat the market as Professional Trader with an ex-insider! Have a Good Trading Week, Cream Live Trading, Best Regards!
XETR:DAX
by wildcreamlife
The pair has overcome the lower level of supportJudging by the majority of technical indicators, we have seen a downward trend. And the published data from Germany, based on this statistics, had been worse than expected. Considering that our pair has broken through the resistance level, its further target is likely to be the level of 1.22 and 1.2170. The trend indicator RSI is directed downwards, and Stochastic is trying to go into the oversold zone and also points to the sale. Also, when drawing MA (20), we can observe that at this level (4-hour chart) there is a resistance level. Therefore, we advice to occupy short positions and go on the turn, only in case of overcoming the moving average.
Short
by SuperForex
bitcoin - did we have a bottom? 30.03.2018bitcoin - did we have a bottom? 30.03.2018 we see a little bounce at the 7000$ mark. we need more volume to break out over 8000$. stay safe, at fridays they often take out more money! --- bitcoin - finden wir heute einen boden? 30.03.2018 aktuell hält der chart seine 7000$, zeigt aber potential übers wochenende die 6000$ zu erreichen! Wir benötigen mehr Volumen um über die Widerstände bei 8000$ auszubrechen. stay safe, freitags realisieren viele trader ihre Gewinne was zu weiteren abverkäufen führen kann!
COINBASE:BTCUSD
by Crypvision