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GER30 trade ideas

DAX Long Position ManagementI'm long on DAX since last week, but market made a sharp and strong correction today. Bears showed a lot of strength today, so tomorrow is going to be key. If the market bounces of the bull trendline me might see another leg up to the previous high. But given the strength of this pullback, the probability of getting to the All Time High in the next few days is much lower than I thought. This way, I'm watching closely to see if the market is going to bounce. Even if it does, if the momentum is not extremely strong, I'll be trailing my SL and exit with a smaller profit.
EASYMARKETS:DAXEUR
by lestercrest
Technical Weekly AnalysisStart your week by identifying the key price levels and trends. The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex. -------------------------------------------------------------------------------------------------------------- Analysis Germany 40 is neutral and ranging, eyeing a possible breakout. It trades at 24,021, close to its VWAP of 23,601. The RSI at 58 shows mild bullish bias. Support is at 22,882 and resistance at 24,320. UK 100 is also in a neutral range phase, trading at 8,791 just under the VWAP of 8,833 - still with 9k on the horizon. RSI sits at 52, indicating balance. Key support lies at 8,731, with resistance at 8,916. Wall Street has broken out above 43k into a new bullish phase. It’s trading at 44,032, significantly above its VWAP of 42,673. RSI at 71 confirms strong upward momentum. Support is at 41,379, resistance is being tested now. Brent Crude is currently in a neutral range phase, trading at 6,699 having slumped back below its VWAP of 7,063. The RSI at 45 signals low momentum. Support is noted at 6,206, with resistance at 7,919. Gold is moving sideways in a neutral range, drifting lower after a failed breakout over 3,400, priced at 3,293 with VWAP at 3,349. RSI is soft at 44. Support comes in at 3,252 and resistance at 3,446. EUR/USD is bullish and breaking out - with the 1.20 handle in sight. It trades at 1.1722, easily above the VWAP of 1.1552. RSI at 71 reflects strong buying pressure. Support is at 1.1349, resistance at 1.1730. GBP/USD is bullish and moving impulsively. It trades at 1.3700, above the VWAP of 1.3559. RSI at 63 signals steady upward momentum. Support sits at 1.3358, and resistance at 1.3761. USD/JPY is neutral and ranging, trading at 144.13 slightly below VWAP at 144.87. The RSI is weak at 46. Support via May & June lows is only just below with the 2 s.d. of the VWAP at 143.42, while resistance is higher at 146.32.
SPREADEX:GDAXI
by Spreadex
DAX H4 | Bullish uptrend to extend further?The DAX (GER30) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 24,077.90 which is a pullback support. Stop loss is at 23,850.00 which is a level that lies underneath a pullback support and a Fibonacci confluence zone identified by the 23.6% and 38.2% retracements. Take profit is at 24,369.51 which is a multi-swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:GER30Long
by Tradu
Trade setup via TiqGPTAnalyzing the Germany 40 across multiple timeframes, we observe a consistent bullish momentum, particularly evident in the daily and 4-hour charts. The daily charts (Chart 1 and Chart 2) show a series of green candles indicating strong buying pressure. The 4-hour chart (Chart 3) confirms this with a clear upward trend and higher highs. The 1-hour (Chart 4) and 15-minute (Chart 5) charts show some intraday pullbacks, which are typical in a healthy uptrend, providing potential entry points for continuation trades. INSTITUTIONAL THESIS: Institutions appear to be in an accumulation phase, pushing the price upward to potentially target higher liquidity zones above the current price levels. The consistent higher highs and higher lows across the timeframes suggest a strong bullish bias with institutional backing. LEARNING POINT: The presence of unmitigated Order Blocks (OB) on the 1-hour and 15-minute charts after a liquidity sweep indicates potential areas for price to revisit before continuing the uptrend. SIGNAL: BUY SYMBOL: Germany 40 ENTRY PRICE: $23,800.3 STOP LOSS: $23,780.0 TARGET PRICE: $23,880.0 CONDITION: Buy limit after sweep of daily low confirms BOS on 15M RATIONALE: Break of Structure (BOS): Confirmed on the 15M chart with a strong bullish candle closing above previous highs. Order Block (OB): Entry at the mitigation of the 15M OB at $23,800.3. Liquidity Targeting: Targeting the next high at $23,880.0, which is a recent peak and likely a liquidity pool. Market Maker Model Phase: Accumulation phase evident, expecting continuation of the uptrend.
SPREADEX:GDAXILong
by Mistermoriarty
DAX Inverse Head and Shoulders target 24600!DAX (DE40) is about to complete an Inverse Head and Shoulders (IH&S) pattern, with the price currently stuck in range within the 4H MA50 (blue trend-line) and the 4H MA200 (orange trend-line). A 4H candle closing above the 4H MA200, confirms the IH&S pattern and the bullish break-out technically targets the 2.0 Fibonacci extension, currently a little above 24600. On top of that, the break-out may be accompanied by a 1D MAD Bullish Cross, further confirmation of the bullish sentiment. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TRADENATION:DE40Long
by TradingShot
Lagarde Boosts the Euro and the DAXLagarde Boosts the Euro and the DAX: Is the ECB Putting an End to the Rate-Cut Cycle? Ion Jauregui - ActivTrades Analyst European Central Bank President Christine Lagarde delivered a key speech before the European Parliament that has shaken financial markets, pushing the euro to multi-year highs and boosting stock market optimism in Germany. Her message, full of signals of monetary stability and strategic progress such as the digital euro, was interpreted as the official end to the rate-cut cycle that began in 2024. “Risks to growth remain tilted to the downside, but current conditions do not justify further adjustments,” Lagarde told EU lawmakers. The Euro Nears New Highs After ECB Message Currency markets reacted immediately. EUR/USD climbed to the 1.1700 zone, reaching levels not seen since December 2021. The move was reinforced by the ECB’s firm tone and a weaker dollar, also impacted by U.S. tensions following controversial statements from President Trump regarding the Federal Reserve. From a technical standpoint, the euro maintains a clearly bullish bias. It trades above all relevant moving averages and with an RSI close to 71%, indicating strength but also overbought risk that could pull the price back to the control area around 1.13764, the current consolidation zone. The next key level is at 1.1800, while support levels are at 1.10792 and 1.09823. The DAX Heads Toward New Highs The German stock market also welcomed the ECB’s message of stability. The DAX, already showing strength in previous sessions, is trading around 23,673 points at today’s open, very close to its current high of 24,455.98 points. The index is benefiting from a stable rate environment, improved economic sentiment in Germany — reflected in the Ifo index rebound — and a recovery in the industrial sector. Technically, a sustained close above 23,000 points would open the door for a move toward 25,000, while any correction would find support near 21,500. The RSI, currently around 52%, suggests there is still room for further price expansion, given that the 19,960 support was clearly confirmed in the latest technical rebound. What’s Next for the Markets? With European monetary policy entering a pause phase, investors are now focusing on two areas: the evolution of economic growth in the eurozone, and the direction of the dollar, shaped by political tensions in Washington and Jerome Powell’s testimony later this week. Lagarde also brought up the push for the digital euro, a strategic initiative aimed at reinforcing the bloc’s financial autonomy amid global rivals like China and the United States. Conclusion: The ECB pauses, but markets move forward. Both the euro and the DAX are showing signs of strength after Lagarde’s speech. If macro conditions remain supportive, we may be entering a new stage of consolidation for European assets. ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acting on the information provided does so at their own risk.
ACTIVTRADES:GER40Long
by ActivTrades
DAX H4 | Potential bearish reversalThe DAX (GER30) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 23,740.18 which is a swing-high resistance. Stop loss is at 23,960.00 which is a level that sits above the 61.8% Fibonacci retracement and an overlap resistance. Take profit is at 23,341.19 which is a pullback support that aligns with the 61.8% Fibonacci retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:GER30Short
by Tradu
DAX Bullish breakout supported at 23330Trend Overview: The DAX index maintains a bullish overall sentiment, supported by a sustained rising trend on the higher timeframes. However, recent intraday price action suggests a corrective pullback and consolidation phase, likely part of a broader continuation pattern. Key Support and Resistance Levels: Support: Initial support: 23,330 – a key previous consolidation area and pivot level Below that: 23,170, then 22,970 as deeper retracement levels Resistance: Near-term upside target: 24,030 Further resistance: 24,130 and 24,345 over the longer term Scenarios: Bullish Continuation: A bounce from 23,330 would confirm this level as valid support Sustained strength could drive price toward 24,030, then 24,130 and 24,345 Bearish Breakdown: A daily close below 23,330 would invalidate the bullish setup Opens potential for deeper pullbacks toward 23,170 and 22,970 Conclusion: The DAX remains bullish in structure but is currently consolidating. Watch the 23,330 support zone closely—its ability to hold will determine whether bulls regain control or if a deeper correction unfolds. A bounce here would favor upside targets; a confirmed breakdown shifts the outlook to short-term bearish. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:DE40
by TradeNation
Bullish bounce off 50% Fibonacci support?DAX40 (DE40) is falling towards the pivot and could bounce to the 1st resistance. Pivot: 23,409.26 1st Support: 23,261.27 1st Resistance: 23,759.37 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:DE40Long
by ICmarkets
“GER40 Heist in Progress – Bearish Blueprint Deployed!”🦹‍♂️💼 “Operation: Black Forest Heist” – DAX Day/Swing Trade Plan 💼🦹‍♀️ 📍Thief Trading Style | CFD Tactical Chart Blueprint | GER40 Recon Mission 🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Movers, Risk Raiders & Precision Planners 🧠💸, Suit up for a clean-cut operation on the Germany 40 (GER40) Index! 🎯 With our sharp-edged Thief Trading blueprint 🔪, we’re scanning for a potential bearish trap—market’s heating up with oversold setups and momentum cracks near key resistance. Watch for the green MA zone—we suspect it's where bullish imposters hide. 🕵️‍♂️📉 🔓 Entry Plan “The vault’s cracking... get ready!” Wait for price to breach the ATR Line (23000.0). Once the level is crossed cleanly, it’s go-time: 🧨 Use Sell Stop orders just under the breakout 🎣 Or hunt pullback setups on 15m/30m charts with Sell Limit entries at resistance 🔐 Stop-Loss Strategy Keep it tight. Protect your loot. 🚧 Place SL around swing high/low on the 4H chart (e.g. 23400.0) ⚖️ Adapt SL based on lot size, risk appetite, and number of entries 🎯 Target Zone Mission Objective: 22600.0 Or exit earlier if the security alarm (price action shift) starts ringing. Don't get greedy—get out smart. 💼🚪💨 📉 Market Outlook: Current trend: Neutral but suspiciously wobbly – early signs of bearish dominance. 🐻 This trade aligns with multiple signals: 📊 Technical: Consolidation near highs 💼 Fundamental: Macro & news risks 🧠 Sentiment: Crowd leaning long = opportunity for reversal 📰 Caution Note – News Events = Laser Tripwires Stay sharp during releases! Avoid new setups when big headlines drop Use trailing stops to secure gains on running trades Position smart, manage tighter, act quicker 🕶️ 💥 Smash that Boost Button if this plan sharpens your edge or adds value to your mission! 💥 Together, we move like shadows and strike like lightning—Thief Traders never miss a clean setup.⚔️🕵️‍♀️ Stay tuned for the next raid… the market’s full of opportunities waiting to be unlocked. 🗝️🚀
PEPPERSTONE:GER40Short
by The-Thief
4
DAX40 INTRADAY Bullish breakout support at 23330Trend Overview: The DAX index maintains a bullish overall sentiment, supported by a sustained rising trend on the higher timeframes. However, recent intraday price action suggests a corrective pullback and consolidation phase, likely part of a broader continuation pattern. Key Support and Resistance Levels: Support: Initial support: 23,330 – a key previous consolidation area and pivot level Below that: 23,170, then 22,970 as deeper retracement levels Resistance: Near-term upside target: 24,030 Further resistance: 24,130 and 24,345 over the longer term Scenarios: Bullish Continuation: A bounce from 23,330 would confirm this level as valid support Sustained strength could drive price toward 24,030, then 24,130 and 24,345 Bearish Breakdown: A daily close below 23,330 would invalidate the bullish setup Opens potential for deeper pullbacks toward 23,170 and 22,970 Conclusion: The DAX remains bullish in structure but is currently consolidating. Watch the 23,330 support zone closely—its ability to hold will determine whether bulls regain control or if a deeper correction unfolds. A bounce here would favor upside targets; a confirmed breakdown shifts the outlook to short-term bearish. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:DE40
by TradeNation
DAX H1 | Rising into an overlap resistanceThe DAX (GER30) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 23,858.94 which is an overlap resistance that aligns closely with the 61.8% Fibonacci retracement. Stop loss is at 24,200.00 which is a level that sits above the 78.6% Fibonacci retracement and an overlap resistance. Take profit is at 23,531.83 which is a pullback support that aligns the 38.2% Fibonacci retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:GER30Short
by Tradu
Potential bullish rise?DAX40 (DE40) is reacting off the pivot and could rise from this level to the 1st resistance which aligns with the 78.6% Fibonacci retracement. Pivot: 23,602.60 1st Support: 23,390.34 1st Resistance: 24,148.42 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:DE40Long
by ICmarkets
Technical Weekly AnalysisStart your week by identifying the key price levels and trends. The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex. -------------------------------------------------------------------------------------------------------------- Analysis Germany 40 has turned bearish and is now in an impulsive move lower. It is trading at 23,222, notably below its VWAP of 23,732. The RSI at 39 signals weak momentum. Support is seen at 22,867, with resistance higher at 24,597. UK 100 remains in a bullish trend but has shifted into a correction phase. The index trades at 8,778, slightly below its VWAP of 8,831. The RSI is at 50, showing a balanced momentum. Support lies at 8,750, with resistance at 8,904. Wall Street continues in its bullish trend but is undergoing a correction. It is trading at 42,249, just under the VWAP at 42,460. The RSI at 51 suggests a neutral outlook. Support is at 41,857, and resistance stands at 43,062. Brent Crude is in a very strong bullish impulsive phase, trading at 7,633 above its VWAP of 7,015. The RSI at 66 indicates strong upward momentum. Support is at 6,016, while resistance is found at 8,015. Gold remains bullish but is now in a correction/sideways phase. It trades at 3,364, very close to its VWAP of 3,360. The RSI at 52 implies a neutral to slightly bullish sentiment. Support is at 3,289, with resistance at 3,438. EUR/USD continues in a bullish correction phase, with the pair trading at 1.1475 - down from the recent 3yr high - and its VWAP close at 1.1450. RSI is steady at 54, suggesting moderate buying interest. Support is at 1.1338, and resistance is at 1.1592. GBP/USD is still bullish but in a correction phase, currently trading at 1.3390, just below the VWAP at 1.3512. RSI at 42 points to weakening momentum. Support is at 1.3380, with resistance at 1.3639. USD/JPY has broken out above a triangle pattern into a bullish impulsive run, trading at 147.86, well above its VWAP of 144.52. RSI at 67 confirms strong buying pressure. Support is at 142.04, and resistance is at 147.01.
SPREADEX:GDAXI
by Spreadex