Monday market review

DAX40 We start with the German index. The chart has calmed down a lot, and it won’t stay that long as the market doesn’t like places where things remain “unexplained”. You can see that the current consolidation seems to start to narrow a little. We are waiting for a strongContinue Reading

DAX0 Today’s Asian session probably surprised me as much as you. The steady downward move made a strong breakout which seemed to keep the price below the support level. Yesterday’s inactivity of Americans during the holiday has a strong impact today. In fact, the analysis that remains to be doneContinue Reading

DAX40 The German index yesterday’s sessions were falling practically all the time, which is a nice change compared to the previous week, where most of the session was a very small range of moves. Earlier designated corrections in the trend movement kept the price rebounding from the designated levels. TheContinue Reading

Monday market review

Welcome. I go through the charts and you don’t see much at first glance. Often, after the weekend, you have to wait to see “this” direction. DAX40 Daily R3 16180Daily R2 16150Daily R1 16120Daily PP 16090Daily S1 16060Daily S2 16030Daily S3 16000 The German index was falling throughout the AsianContinue Reading

DAX40 In the chart of the German Index, we can see that investors have already made 4 attempts to break the marked level. I have marked this place in the painting, and each subsequent attempt will make the level weaker and weaker. In this case, there may be a situationContinue Reading

Monday market review

Welcome to the new week and the new month. Today is public holidays in two European countries (France and Italy) and the liquidity may be slightly different from other days. When the banks are not functioning and are closed, the exchange transaction takes place without their participation, i.e. with lessContinue Reading

Monday market review

NZDCAD A New Zealander follows a long trend towards a Canadian, which for the patient is an opportunity to hold the position along with the addition, i.e. the so-called pyramiding. Currently, we have a chance for a downward correction, seeing that the price has reached the level of 61 fibo,Continue Reading