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Ger30buy

DAX to reach a new all time high today?GER40 - Intraday Price action resulted in a new all-time high at 16450. There is no indication that the rally is coming to an end. Short term momentum is bullish. We look for gains to be extended today. A break of yesterdays high would confirm bullish momentum. We look to Buy a break of 16461 (stop at 16361) Our profit targets will be 16711 and 16781 Resistance: 16450 / 16600 / 16700 Support: 16330 / 16250 / 16200 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:DE30EURLong
by OANDA
DAX is slowly approaching all time highs.GER40 - Intraday Broken out of the channel formation to the upside. Trades at the highest level in 13 months. Price action continues to trade around the all-time highs. A lower correction is expected. 20 4 hour EMA is at 15525. We look to buy dips. We look to Buy at 15525 (stop at 15445) Our profit targets will be 15725 and 15755 Resistance: 15680 / 15700 / 15800 Support: 15630 / 15585 / 15550 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:DE30EURLong
by OANDA
Dax30- A pretty nice outlook for bullsUnlike American indices, Dax30 looks like it has finished correcting at the beginning of March with a low at 12500. After this low, the index has traded pretty constructively and at this moment a higher low can be in place at the 13500 zone. The falling trend line started at the beginning of 2022 is also broken to the upside and we can assist in further gains this summer. Traders can look to buy dips around the 14k zone with a negation under 13500 and a break of 15k horizontal resistance can lead to a test of the ATH above 16k.
GLong
by Mihai_Iacob
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