Dax Index January-March 2017 Forecast: flat within bullish with key resistance at 11,649
W1 price is
located above Ichimoku cloud in the bullish area of the chart. The
price broke 11,485 level to above on close weekly bar with 11,649 as a nearest bullish target to re-enter. Thus, the weekly price
is located within the following key narrow support/resistance levels:
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Sergey Golubev, 2017.01.10 15:07
Dax Index Daily: bullish flat within narrow s/r levels waiting for direction (based on the article)
Sergey Golubev, 2017.01.12 14:13
Dax Index Daily: possible breakout (based on the article)
Daily price is located above Ichimoku cloud in the bullish area of the chart within the narrow support/resistance levels:
Sergey Golubev, 2017.01.19 14:56
Intra-Day Fundamentals - NZD/USD, USD/CNH and Dax Index: Philadelphia Fed Business Outlook Survey
2017-01-19 13:30 GMT | [USD - Philly Fed Manufacturing Index]
if actual > forecast (or previous one) = good for currency (for USD in our case)
[USD - Philly Fed Manufacturing Index] = Level of a diffusion index based on surveyed manufacturers in Philadelphia.
From official report:
"The index for current manufacturing activity in the region increased
from a revised reading of 19.7 in December to 23.6 this month.* Forty
percent of the firms reported increases in activity this month; 17
percent reported decreases. The general activity index has remained
positive for six consecutive months, and the activity index reading was
the highest since November 2014 (see Chart 1). The other broad
indicators suggest sustaining growth. The index for current new orders
increased 11 points this month, with 41 percent of the firms reporting
increases. The shipments index remained at a high reading but fell 1
point. Both the delivery times and unfilled orders indexes were positive
for the third consecutive month, suggesting longer delivery times and
an increase in unfilled orders."
NZD/USD M5: 32 pips range price movement by Philadelphia Fed Business Outlook Survey news events
Dax Index, M5: range price movement by Philadelphia Fed Business Outlook Survey news events
USD/CNH M5: 116 pips range price movement by Philadelphia Fed Business Outlook Survey news events
Sergey Golubev, 2017.02.01 14:54
Dax Index - daily bullish ranging waiting for the bullish to be resumed or to the ranging bearish reversal (based on the article)
Dax Index daily is located above Ichimoku cloud in the bullish area of the chart within the following support/resistance levels:
If the price breaks 11,892 resistance on close daily bar so the bullish trend will be resumed.If the price breaks 11,403 support level to below so the reversal to the bearish condition will be started with the secondary ranging way - the price will be located inside Ichimoku cloud.If not so the price will be on bullish ranging within the levels.
Sergey Golubev, 2017.02.15 13:51
Dax Index: Daily bullish trend to be continuing with 11,892 level as new target high (based on the article)
Daily price is located above Ichimoku cloud in the bullish area of the chart: price is continuing with the bullish trend by 11.808 level to be broken for the 11,892 level as the new daily target.
Sergey Golubev, 2017.02.15 13:59
Dax Index: Intra-day hourly correction (based on the article)
Intra-day H1 price is above 200 SMA in the bullish area by the bouncing from 11.844 resistance level to below for the secondary correction to be started with 11.656 support level as a bearish reversal target. Alternative, if the price breaks 11.844 resistance level to above on H1 close bar so the primary bullish trend will be resumed.
Sergey Golubev, 2017.02.18 18:03
Sergey Golubev, 2017.02.26 13:56
DAX Index - "Key Eurozone and German data on the docket begins with Eurozone CPI at 10:00 GMT on Tuesday; German employment data on Wednesday at 8:55, and later in the day German CPI at 13:00; Friday we will get a look at Italian GDP for Q4 at 9:00, but not likely to have much impact on German equities. Moving on to the chart: The DAX broke hard on Friday, shedding 1.2%, just a couple of days after touching off a confluence of top-side trend-lines. The break lower held at the December trend-line, managing to put in the day’s low just beneath it. The index will need to respond shortly to support or else we will have to start looking for more selling towards the next area of significant support in the 11400/500 vicinity."
Sergey Golubev, 2017.03.10 11:51
Dax Index - ranging with the bullish trend to be resumed (adapted from the article)
Daily price is located above Ichimoku cloud in the bullish area of the price: symmetric triangle pattern was crossed by the price to above for the bullish trend to be continuing with 12,099 resistance level.
The statement for trading the following:
Sergey Golubev, 2017.03.11 18:57
Dax Index - "There isn’t a whole lot of key data this week out of Germany or the Eurozone, with the only ‘high’ impact data slated for Tuesday when the German ZEW Survey will be released. The market will likely focus on how risk markets perform surrounding the FOMC and BoJ meetings."