


ON BREAKING wedge, DAX can go up to complete wave 5
With mr.Draghi that put turbo to European stock , seeing in the optical medium, long term, this could be a scenario reliable for Major Italian Index. In the next post, we will also see to all other major world indices... It remains obvious that by analyzing TF lower, everything might look a little different, but not too much.
True that the SNB (Swiss Nat.Bank) intends to maintain a Libor of no more than 1: 1 or better to the downside, although they are not scheduled release of important news by the gov. Thomas Jordan, is always the possibility of intervention on the currency market. Therefore, you can fall at least until 1 TargetPrice.
If Aussie respect its major Cycles, it could be a good target with Short Trade Important ....
Euro is heading for a new period of weakness, which plays in favor of exports, yet shows no signs of economic recovery on the continent. (See German ZEW and GDP AreaEuro). If the leading indicator ZEW continues to anticipate the Euro GDP, in the medium term it will also achieve equality, to the delight of Mr.Draghi.