DAX40 The picture shows a broad consolidation lasting from the beginning of the week. Currently, we expect a breakout of the marked area and a lot of traffic as consolidation is usually picking positions in order not to trigger a large change in price. I gave the lower range aContinue Reading
Welcome. We are half a month old and this week seems to be calmer. The data expected by analysts do not differ much from the previous readings, only England on Friday is to have higher retail sales, which is good for the currency. EURUSD On the chart of the mostContinue Reading
DAX40 A few days ago I wrote about the scenario with the OverBalance formation and today we see that the price is at the border of the formation. The German index is in a strong trend so we are currently waiting for a correction and breakout of local support fromContinue Reading
Welcome to another Monday morning. Markets look promising, the US dollar is gaining strength, the prices are even more expensive. So what to expect? We’ll see in a moment. DAX40 Overall, looking at the German index, you can see the stock in two ways, either as a current correction moveContinue Reading
Welcome to another new trading week and month. Last week was very exciting as the contract rollover and month end were very volatile. This week, I also expect large price movements due to the corrections themselves, but also the continuation of the current trends. GBPUSD The situation on the BritishContinue Reading
DAX40 Daily S3 15650Daily S2 15560Daily S1 15410Daily PP 15320Daily R1 15160Daily R2 15070Daily R3 14920 Here we have a similar situation as in the Nasdaq, I also expect a deepening of the decline and a rebound from the support zone. In the DAX40 it coincides with the designated OverBalanceContinue Reading
NQ In the image, we can see that the price is just on the verge of the upward channel we set a few months ago. However, looking more broadly at the picture, the place marked with the arrow is the place where the price can reach. Then, when the priceContinue Reading
BitCoin We can see that the last expectation did not bring the situation we had hoped for, so we are still waiting. Given conflicting market signals, decisions should not be made on a principle; “Maybe it will work.” I have marked what can happen in the picture. Unfortunately, the lastContinue Reading
DAX40 Daily r3 15900Daily R2 15700Daily r1 15400Daily PP 15210Daily s1 14910Daily S2 14715Daily s3 14415 Yesterday the German index followed a string down until investors saw a psychological price level of 15,000. Another attempt to test the level created a double bottom and gave up opportunities to trade inContinue Reading
DAX40 Have you noticed that the German index has grown? Everyone who trades has probably already received a notification from their broker which companies have joined the index. According to the previous Monday market review, we are in the place we expected. Currently, we have a chance of a rebound,Continue Reading
