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DE40

DAX momentum has stalled at 2023 highs.GER40 - 24h expiry - We are trading at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. 15708 has been pivotal. A higher correction is expected. Rallies should be capped by yesterday's high. We look to Sell at 15699 (stop at 15819) Our profit targets will be 15401 and 15341 Resistance: 15662 / 15708 / 15800 Support: 15550 / 15470 / 15350 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.
OANDA:DE30EURShort
by OANDA
DAX This wave still has room to riseDAX has gone a long way since our buy recommendation 2 weeks ago (see chart below). The technicals on the 1D time frame are firmly bullish (RSI = 60.575, MACD = 68.200, ADX = 31.986) and the RSI in particular is out of its Buy Zone and approaching the top of the Channel Down. The index is trading inside a Channel Up for exactly 5 months and every bullish wave has so far been within 11.50% - 11.85%. If it rises by +11.50% again from the recent bottom, then we are looking at a target price around 16,130. Our TP is 16,000. It is important to keep in mind the long term dynamics on DAX and what stands out in particular is how perfectly the 1D MA100 supported March's correction. In fact, DAX hasn't closed a 1D candle under the 1D MA100 since October 24th 2022. Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:DE40Long
by InvestingScope
DAX to turnaround at trend line resistance?GER40 - Our short term bias remains negative. We are trading at overbought extremes. Trend line resistance is located at 15350. Short term momentum is bullish. Prices expected to stall near trend line resistance. 24h expiry - We look to Sell at 15359 (stop at 15479) Our profit targets will be 15059 and 15009 Resistance: 15200 / 15300 / 15400 Support: 15100 / 15000 / 14900 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.
OANDA:DE30EURShort
by OANDA
DAX to breakdown?GER40 - Our short term bias remains negative. The bias is to break to the downside. News events could adversley affect the short term technical picture. A higher correction is expected. A break of the recent low at 15069 should result in a further move lower. Our profit targets will be 14759 and 14709 22h expiry - We look to Sell a break of 15059 (stop at 15179) Resistance: 15200 / 15306 / 15400 Support: 15160 / 15070 / 15000 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.
OANDA:DE30EURShort
by OANDA
DAX Double Buy entryDAX is now between the MA50 (4h) and MA200 (4h) after it failed to cross over the latter on this Fed day. It was rejected on Zone 1 of the previous Lower High. There are another two such Zones on display, both potential Supports around key Fibonacci levels. Trading Plan: 1. Buy on Zone 2 (Fibonacci 0.382). 2. Buy on Zone 3 (Fibonacci 0.236). Targets: 1. & 2. 15700 (Resistance 1). Tips: 1. The RSI (4h) is rising steadily on Higher Lows (Rising Support). This is an additional level that can indicate a buy entry if it matches one of the above. Please like, follow and comment!!
CAPITALCOM:DE40Long
by TradingBrokersView
8
DAX to see early optimism?GER40 - We are trading at overbought extremes. Short term bias has turned negative. A higher correction is expected. News events could adversley affect the short term technical picture. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. 24h expiry - We look to Sell at 15466 (stop at 15586) Our profit targets will be 15166 and 15116 Resistance: 15271 / 15400 / 15480 Support: 15200 / 15080 / 15000 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.
OANDA:DE30EURShort
by OANDA
DAX is starting a long-term rally to 16100DAX is now testing the 1D MA50 (blue trend-line) having rebounded at the bottom of its long-term (since the October 03 Low) Channel Up and the 1D MA100 (green trend-line). With the 1D RSI coming out of its Accumulation Zone, as in the previous two Lows (late September and late December 2022), we expect this first long-term wave to hit at least 16100 and the middle (0.5 Fibonacci) of the Channel Up. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
DLong
by TradingShot
DAX has turned negative.GER40 - Intraday - Short term oscillators have turned negative. The trend of higher intraday lows has also been broken. The sequence for trading is lower lows and highs. Preferred trade is to sell into rallies. 50 4hour EMA is at 15242. We look to Sell at 15229 (stop at 15329) Our profit targets will be 14979 and 14939 Resistance: 15000 / 15120 / 15250 Support: 14885 / 14700 / 14600 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.
OANDA:DE30EURShort
by OANDA
DAX rising on the MA100 (1d). Low risk buy here.DAX is trading inside a Channel Up pattern since November 3rd. The price almost hit the MA100 (1d) today and instantly jumped. The drop completed a -6.50% decline, consistent with the prior decline to the Higher Low of the Channel Up on December 20th. Trading Plan: 1. Buy on the current market price. Targets: 1. 16200 (representing a +10.40% increase, consistent with the rises of January 17th and November 14th). Tips: 1. The RSI (1d) is inside its own Channel pattern and it has registered a Double Bottom. An additional buy signal. Please like, follow and comment!!
CAPITALCOM:DE40Long
by TradingBrokersView
4
DAX: Rally started and targets 16,500DAX is rising again on the 1D MA50 after hitting the bottom of the four month Channel Up. The 1D technicals are on the best buy levels possible (RSI = 46.297, MACD = 24.600, ADX = 26.606) and the 1D RSI is also rebounding on the bottom of its Channel Down. According to the extent of the previous two DAX rallies, we are expecting a +11.50% bullish wave to be completed, it is not late to go long even on the current levels (TP = 1 ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:DE40Long
by InvestingScope
3
DAX BEARISH SCENARIO NOT OVERDAX felt 3.04% in Monday, biggest drop for the instrument after December. Investors are cautious after the failings of SVB and Signature Bank that the entire bank sector might be badly hurt from the sharp rise of interests in the last year. On the technical front both MACD and RSI indicators are suggesting continuity of the bearish movement, with RSI below the 50 neutral line and MACD histogram deep under the zero line and keep falling. If the current movement continues, the price might try to test levels of 14500. In the opposite scenario the price might revert back to 15410. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
DShort
by legacyFXofficial
1
DAX still showing positive signs?GER40 - Intraday - Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. The bullish engulfing candle on the 4 hour chart the positive for sentiment. We look to buy dips. Support is located at 15290 and should stem dips to this area. Our outlook is bullish. We look to Buy at 15291 (stop at 15191) Our profit targets will be 15471 and 15531 Resistance: 15500 / 15550 / 15600 Support: 15400 / 15350 / 15290 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.
OANDA:DE30EURLong
by OANDA
DAX on the strongest bullish momentum of all, targeting 16350.DAX gave us both the sell profit we aimed for last week as well as the break-out buy signal above Resistance 1: This time we are moving on a higher time-frame (1D), as the index is showing incredible bullish momentum on the long-term. Trading within a Channel Up since the October 03 2022 market bottom, the structure is best viewed using the Fibonacci Channel levels. Since October 21 the 0.236 - 0.382 Fib Zone has been the ultimate buy zone, with the most recent entry being on March 02 right above the 1D MA50 (blue trend-line). With the 1D RSI coming out of its newest Accumulation Phase, the index can now target the 0.786 - 1.0 Fibonacci Zone, with our long-term target being at 16350. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
DLong
by TradingShot
2
DAX is slowly approaching all time highs.GER40 - Intraday Broken out of the channel formation to the upside. Trades at the highest level in 13 months. Price action continues to trade around the all-time highs. A lower correction is expected. 20 4 hour EMA is at 15525. We look to buy dips. We look to Buy at 15525 (stop at 15445) Our profit targets will be 15725 and 15755 Resistance: 15680 / 15700 / 15800 Support: 15630 / 15585 / 15550 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.
OANDA:DE30EURLong
by OANDA
DAX going straight for its All Time High!DAX held the MA50 (1D) and is rising aggressively. Such aggressive rise was seen at the start of both bottom rallies within its Channel Up pattern. As long it doesn't diverge much from its MA100 (1D) in the future, DAX is in for an extremely strong rally. Trading Plan: 1. Buy on the current market price. Targets: 1. 16300 (the All Time High). 2. 16750 (Fibonacci 1.786), assuming a pull-back happens that doesn't break the MA100 (1D). Tips: 1. The Higher Highs of the Channel have been Lower Lows during the Bear Cycle. High symmetry between the Cycles. 2. High Symmetry also from Low-to-Low inside the Channel Up. 78 days the first and 72 days the second. 3. RSI (1) on a Rising Support. You can use this to enter upon pull backs.
CAPITALCOM:DE40Long
by TradingBrokersView
DAX will reach its ATH having Support from the 1day MA50.The 1day MA50 is approaching DAX for the first time in 2 months. This is the first Support on every long term uptrend. Support A is at 15000 and can be hit on a wick to provide the bounce DAX needs. Our Target 1 is Resistance A (15660) and long term its All Time High on Resistance B (16300). The 1day RSI is well supported on its 5 month Rising Support, meaning the index can rebound any moment. Follow us, like the idea and leave a comment below!!
CAPITALCOM:DE40Long
by TheCryptagon
2