Bearish drop?DAX40 (DE40) is rising towards the pivot which acts as a pullback resistance and could drop to the 1st support which acts as a pullback support.
Pivot: 19,953.44
1st Support: 19,614.24
1st Resistance: 20,192.48
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
DE40
Bullish rise off 50% Fibonacci support?DAX40 (DE40) is currently reacting off the pivot which acts as a pullback support and could rise to the 1st resistance.
Pivot: 19,665.45
1st Support: 18,980.32
1st Resistance: 20,494.80
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
DAX Strong probability for a technical pull-back here.DAX (DE40) hit last week our 20000 Target, which we established 2 months ago (October 04, see chart below):
That Target was near the top (Higher Highs trend-line) of the 1-year Channel Up that started on the week of the October 03 2022 bottom. As you can see, this pattern has topped both previous Bullish Waves on the 1.618 Fibonacci extension level and after a pull-back consolidation phase (red Arc), it started the Bearish Legs that bottomed and made Higher Lows on Support 1, which was the previous Resistance level.
Having now already hit its 1.618 Fib ext, we expect DAX to pull-back a little and turn sideways as per the pattern, which we will short, targeting 19000 (Support 1). If however we see a 1W MA200 (blue trend-line) hit and immediate rebound and weekly closing above it, we will book our sell profit earlier.
Notice also the high symmetry on those Legs, between their 1W CCI fractals.
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Potential bullish rise?DAX40 (DE40) has reacted off the pivot which acts as a pullback support and could potentially rise to the 1st resistance level which is also a pullback resistance.
Pivot: 19,288.06
1st Support: 19,143.10
1st Resistance: 19,487.60
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
DAX: rebounding on the 1D MA100. Buy opportunity.DAX is neutral on its 1D technical outlook (RSI = 48.905, MACD = -31.600, ADX = 29.913) as it made a rebound near the 1D MA100 on Tuesday and has been consolidating inside the 4H MA50 - 1D MA100 range. The prevailing pattern is a Channel Down and looks the same as the May-June Channel Down which also rebounded on the 1D MA100. Until it formed a 4H Death Cross, the price stayed within the 4H MA50 - 1D MA100 range. The breakout that followed crossed over the 0.786 Fibonacci level and hit the R1 before being rejected. Consequently, we consider this a buy opportunity on the short term, aimed at the R1 level (TP = 19,550).
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Bearish drop?DE40 has reacted off the pivot which has been identified as an overlap resistance and could drop to the pullback support.
Pivot: 19,125.41
1st Support: 18,835.52
1st Resistance: 19,306.02
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GER40 - Our View for the Next 5 Years ( Weekly) Hello Folks
This is my personal roadmap for tracking GER40 over the next five years, revisiting it month by month to see how things evolve.
Right now, I’m expecting a short-term pullback, but only for a brief period. If the market hits 20K early, it might need to take a breather before aligning with the right cycle timing. However, my focus remains clear: I’m only looking for long opportunities in the bigger picture.
The larger structure is bullish, and any short-term corrections are just part of the process before the next major move upward. It’s all about timing and staying patient as the market reveals its hand.
Let’s see how this plays out in the months ahead
DE40 - 4h - Buy Trade CallOn 4h TF, Parallel channel has been drawn which has been respected by price for the last few days in this leg of Bull run. Price is about to reach the Channel lower support level and hence expected to bounce back from here. RSI indicator is also over all moving in upward trend.
Trade Values
Buy instant or Limit Buy : 19280
SL: 19140 (Below previous HL)
TP1: 19491 (previous HH)
TP2:19635 (close to parallel channel's upper line.
Heading into 50% Fibonacci resistance?DAX40 (DE40) is rising towards the pivot which is a pullback resistance and could reverse to the pullback support.
Pivot: 19,194.43
1st Support: 19,038.61
1st Resistance: 19,346.88
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GER40/DE40 "Germany 40 Index" Money Heist Plan on Bearish Side.Ola! Ola! My Dear Robbers / Money Makers & Losers, 🤑💰
This is our master plan to Heist GER40/DE40 "Germany 40 Index" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰.
Entry 👇 📉: Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe, Recent / Nearest High Point.
Stop Loss 🛑: Recent Swing High using 3h timeframe
Attention for Scalpers : Focus to scalp only on Short side, If you've got a money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
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Heading into pullback resistance?DAX40 (DE40) is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 1st support which acts as a pullback support.
Pivot: 19,198.60
1st Support: 18,949.40
1st Resistance: 19,439.34
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
DAX to find buyers at current market price?GER40 - 24h expiry
Offers ample risk/reward to buy at the market.
Posted a Double Bottom formation.
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 sequence for trading is higher highs and lows.
The trend of higher lows is located at 19280.
We look to Buy at 19230 (stop at 19110)
Our profit targets will be 19530 and 19610
Resistance: 19350 / 19420 / 19567
Support: 19200 / 19100 / 19003
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: The 1D MA50 is holding. Expect rally.DAX is neutral on its 1D technical outlook (RSI = 53.908, MACD = 41.600, ADX = 23.126) as the price has been basically ranging since November 6th. The dominant pattern is still a Channel Up and it has held the 1D MA50 as support on multiple attempts since October 31st, which is a clear technical signal of an upcoming rebound. The last two HH tops were priced on the 1.786 Fibonacci extension and that is our target for this month (TP = 20,150)
See how our prior idea has worked out:
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Bearish drop?DAX40 (DE40) has reacted off the pivot and could drop to the 1st support.
Pivot: 19,127.24
1st Support: 18,954.73
1st Resistance: 19,280.04
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
DAX: Channel Up intact. Bullish.DAX is bullish on its 1D technical outlook (RSI = 61.639, MACD = 2020.300, ADX = 35.161) but only neutral on 4H, indicating the significant upside potential it has. Right now the price found support on the 4H MA50 and is rebounding. This suggests the the previous correction is over, the bearish wave of the two month Channel Up bottomed near the 4H MA200 and the 0.5 Fib. We turn buyers again on DAX, aiming for the -0.382 Fib (TP = 19,900).
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DAX Bullish ContinuationDAX price seems to exhibit signs of overall bullish momentum. A potential new ALL TIME HIGH may form as the price action may form a credible Higher Low on key Fibonacci levels.
If price action breaks the ALL TIME HIGH of 19500, chances of TP2 may increase. Till then, opportunity may be seized by the Bulls.
Trade Plan :
Entry @ 19025
Stop Loss @ 18570
TP1 @ 19480
TP2 @ 19935
No. of Trades: 2
Move SL to Break Even if TP1 hits.
DAX This week offers a great buying opportunity.DAX (DE40) has been trading within the same Channel Up since the bottom of the Inflation Crisis on the week of October 03 2022. The recent August 05 rebound on the 1W MA200 (blue trend-line) was nothing but the start of the new Bullish Leg of the pattern, the 3rd in total.
The previous two, following their respective Bearish Legs (dotted Channel Down), they first reached a Resistance just above the previous High and after a pull-back and break-out above it, the continued for the 2nd part of the Leg.
It appears that in symmetrical terms, we are exactly there, right before the start of the 2nd phase of the Bullish Leg. Interestingly enough, the 1W MACD completed a Bullish Cross just last week (been the most solid bottom confirmation in the past Legs) so if anything, the rally could be even stronger.
In any case, keeping in mind the strict Resistance offered by the Higher Highs trend-line of the Channel Up, our target is still 20000, which is just below the 1.618 Fibonacci extension. That is the Fib level where both previous Higher Highs of the Channel Up were priced.
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DE40The German index DE40 has reached a zone where Daily timeframe buyers might step in, with a good chance of driving the price back up.
The signal is to buy, but where to find the exact entry is something that each individual can figure out. I prefer to buy now, with a stop-loss slightly below the daily lows or if you are searching for best R:R, then wait until the price enters even deeper into the zone.
In any case, stay cautious, as NFP could also cause some price fluctuations.
Trade safe!
DAX Buy this pullback, the rally will be resumed.DAX has completed 3 straight red days.
At the same time it has been rejected on the Rising Resistance from April.
We don't think this is the start of a larger correction, as the same rejection back in late 2023 was contained above the 1day MA50 and then resumed the rally to the 1.618 Fib.
Buy and target 20200 (Fib 1.618).
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DAX breaking above this Resistance can target 20000DAX hit yesterday Resistance 1 (the September 03 High) but got rejected and failed to close the candle above it. Naturally, the market is reacting with weakness today and so far a red 1D candle.
As you realize, the key here is to close that candle above Resistance 1, which is what happened in the middle of the previous Bullish Leg of the 1-year Channel Up. After testing the Resistance at the time on January 29 2024, the index turned sideways for a few days, until it finally closed above it and started the 2nd phase of the Bullish Leg.
All this time the 1D MA50 (blue trend-line) was supporting, just as it did recently on September 06. If those conditions are met, we expect another run towards the 1.618 Fibonacci extension (where the April 01 Higher High was priced). Our Target is slightly below it at 20000.
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DAX: Aggressive uptrend for the rest of the year.DAX maintains a very healthy bullish 1D technical outlook (RSI = 60.112, MACD = 108.800, ADX = 23.465) as it is extending a rebound aon the 1D MA50, after an August 5th rebound on the 1D MA200 as well. Successive holds of those levels suggest that the index has already started the new Bullish Wave of the 2022 Channel Up. We can target at least the 2.0 Fibonacci level (TP = 20,250) as it was the level that priced the last HH.
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GERMANY 40 / DE40 MONEY HEIST PLAN ON BULLISHHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist GERMANY 40 / DE40 based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss : Recent Swing High using 1h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
GERMANY 40 / DE40 Market Money Heist Plan on Bearish SideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist GERMANY 40 / DE40 Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss : Recent Swing High using 1H timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style