Showing posts with label Dax. Show all posts
Showing posts with label Dax. Show all posts

Wednesday, November 20, 2019

Download MT4 Forex Indicator Direction Finder For Free

Direction Finder it's a very helpful MT4 Forex indicator for find currencies direction , you can use this indicator with any time frame and with any pair , when you put Direction Finder MT4 chart you will see two part of indicator the red part it's an analistic par and the green part it's the expected trend for a pair , we advice to use this indicator with any good "Support & Risistance" indicator for make sure of the new expected trend .

















Wednesday, April 19, 2017

Monday, January 16, 2017

Signal For Tuesday 17th January 2017

Overall there is minor strength in the GBP, JPY and USD 

Overall there is minor weakness in the CAD, EUR and CHF


Buy Trades – USD/CAD

Sell Trades – None

Sunday, January 15, 2017

Signal For Monday 16th January 2017

Overall there is minor strength in the NZD 

Overall there is weakness in the GBP, EUR, USD and CHF


Buy Trades – NZD/USD, NZD/CHF

Sell Trades – None

Thursday, January 12, 2017

Signal For Friday 13th January 2017

Overall there is strength in the AUD and NZD 

Overall there is weakness in the GBP


Buy Trades – EUR/GBP

Sell Trades – GBP/USD, GBP/JPY, GBP/AUD, GBP/NZD, GBP/CHF

Wednesday, January 11, 2017

Signal For Thursday 12th January 2017

Overall there is strength in the AUD and NZD 

Overall there is weakness in the USD, EUR, GBP, CHF, JPY and CAD



Buy Trades – AUD/USD, AUD/JPY, AUD/CAD, AUD/CHF, NZD/USD, NZD/JPY, NZD/CHF, NZD/CAD

Sell Trades – EUR/AUD, EUR/NZD, GBP/AUD, GBP/NZD 

Tuesday, August 23, 2016

DAX: Challenges Critical Area of Support, Finds Buyers

What’s inside:
  • The DAX tests key area of support and holds
  • Risk skewed to upside from here, but consolidation phase may be in order
  • Summer trading environment calls for defensive trading

After several days of declining the DAX (FXCM: Ger30) tested and held a key area of support. The April peak, which we previously considered to be the last line of resistance (now support), was the most important of the levels to get undercut and hold on a daily closing basis. A retest of the 2011 trend-line was also successful, while the May and June highs were not quite tested, but came close enough to be considered a retest (May high was missed by 12 points).

Yesterday’s price demonstrated a solid rejection at support, and given the ability for the DAX to hold on suggests risk has become skewed to the upside. If the market doesn’t begin to rise shortly, a consolidation phase could very well unfold; a development we would welcome given the powerful rise off the post-referendum lows. As long as there are no systemic shocks, a rise to a swing high created back in December just beneath 10900 and the upper parallel matching the one created off the February low (~11000) looks like a reasonable target zone over the next few weeks.

A break below yesterday’s low at 10386 and the May and June peaks (lowest price point at 10348) exposes a deeper decline towards the 2015 trend-line broken earlier in the month.

DAX Daily
DAX Technical Analysis

Keep in mind, it’s still the dog-days of summer, with a thin August trading environment dominating trade. This keeps us in defensive trading mode until we move on past the end of summer.