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Germany30

Germen Stock Index (DAX) (19/1/18) *It is still BullishDAX index is still in the uptrend for now. Just to make sure, to watch the level of 12,880. It is going to be a strong support level. We shall not turn bearishness as long the level is not tested or strongly broken. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Sonicr Mastery dot come is not responsible for any liabilities arising on the result of your market involvement or individual trade activities.
OANDA:DE30EUR
by SonicDeejay
DAX - Outlook for January and 2018For 2018 there is no reason why Euro zone should face any major difficulties , the Brexit negotiations look good for EU , and Germany still is the largest and most successful country in the union , as such we will see key support of 13,000 tested and if this breaks then a test of the 12,500 . If a coalition government formed in next week then DAX will gain moment and reach 13,500 in early January . However most likely we will see a steady movement above 13,000 , with resistance at 13,300 . good opportunity to go long .
TVC:DEU40Long
by Dondada
DE30/EUR 1D Chart: Rebound from 55-day SMADE30/EUR 1D Chart: Rebound from 55-day SMA The index that compiles 30 largest German companies is advancing against the Euro in the long-term rising wedge formation. This pattern started to form two years ago and today consists of two reaction highs and three reaction lows. Consequently, the breakout of the pattern is expected to happen in the Q2 2018. In the meantime, in the middle of this year the exchange rate started to form new junior ascending channel but due to support provided by the 55-day SMA it began to transform into another rising wedge. As the northern side contains no notable obstacles, the pair is expected to continue climbing to the top, thus ending the year near the 13,600 level. In case of sudden reversal, the above moving average should prevent the pair from making a premature breakout.
OANDA:DE30EUR
by UnknownUnicorn890690