Germany
Morphosys AG Longafter a long correction we can se an breakout with EMA50 Support.
Could be good chance to buy. Target over 60€
German 10-yr yield – expanding channel formationThe yield looks set to test the expanding channel formation resistance seen around 0.55% as the RSI is yet to hit the overbought territory, although a pull back to 0.393% (Feb 15 high) cannot be ruled out given the loss of bullish momentum as highlighted by the daily MACD.
DEUTSCHE BANK wave 4 might be over.There are increased chances that wave 4 was complete in Deutsche BANK right on the 38% Fibonacci retracement. The recent decline from 19.79€ is impulsive with 5 waves complete at 17.07€. I expect a bounce towards 18-18.50€ for wave 2 and then a strong wave 3 downwards targeting 15.50€ first and then 13.80€. Stop for this idea is the recent high. Confirmation will come with the break below 17.07€.
DAX | DAILY, D1 | BUY follow the LONG opening and make LONG-BUY* * * news from today * * *
IT COMES A NEW ELECTED PRÄSIDENT (possible favorite Mr. Steinmeier) FOR GERMANY.
check the LONG-BUY opening betweeen the lines above and fallow all day long an upward trend.
so that just make a BUY-order.
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ATTENTION!
this is a test-analysis on the demo-account. please don't try it on your real account.