[Belgrade Bobby]

DAX – ger30

DAX opened with a gap to the upside.

Facing resistance at 22.500, with another one at 22.700

Unless some miracle happens it should fail and go for 21.750

Even if it is meant to continue being bullish, it has to take some time in yoyo-ing , and to form a new base for continuation of the uptrend.

I am mostly interested to see how 21.750 will act.

[Belgrade Bobby]

DAX – ger30

DAX is in free fall right now.

Resistances: 22.150, 22.400 & 22.500

Supports: 21.975, 21.700 & 21.100

If support at 21.700 gives a way, road would be opened for attack at 19.970 = barrier in front of the Major Uptrend Support waiting at 19.100

[Belgrade Bobby]

DAX Index Closes Lower Amid German Labor Market Focus

Closes 0.96% Lower
Frankfurt’s DAX dropped 0.9% to close at 22,460 on Friday, marking its third straight session of declines and underperforming its European peers.

Local equities were in the red on Friday after latest data showed continued weakness in the German labor market, weighing on the already-cautious market sentiment due to US tariff concerns.

Technically, DAX went below channel trend line that indicates more losses on a horizon

Close below 22.400 would be very bearish sign and opens a way for 21.700

Resistances above the head: 22.600, 22.750 & 23.0150

[GVI Forex 2]

Divergence

US500 (down) and EURUSD (up) charts (15 min) look like a mirror (DAX also down) which doesn;t make sense if you believe tariff fallout may be contained.

With that said, EURUSD currently testing 1.0830, no stops on first test,

[Alex Lugano]

DAX Slumps as Auto Tariffs Take a Toll

Frankfurt’s DAX fell more than 1.5% to trade below 22,500 on Thursday, underperforming its regional peers, with auto stocks pushing down the index.

US President Donald Trump announced 25% tariffs on all car imports, exacerbating the trade dispute with the European Union.

He also warned that he would impose substantially higher tariffs on the EU and Canada if they coordinated efforts to counter trade tariffs.

 

[Belgrade Bobby]

Is DAX going for a deeper correction?

DAX – ger30

Supports: 22.400, 22.200 & 21.700

Resistances: 22.750, 22.900 & 23.050

Now It all comes down to 22.400 – holding or not

[Belgrade Bobby]

DAX – ger30 4H

Resistance at 23.200 held firmly and sent DAX towards supports : 22.950 & 22.700

So far they are holding.

Next 4h bar opens in cca 50 min, and depending on the close of this one we’ll have following:

–          Above 22.970 will give a chance for DAX to try Up again

–          Below 22.950 DAX might dive seriously

Last support is at 22.725 – loss of opens a way for 22.425

[Belgrade Bobby]

DAX – ger30

Here we go again – DAX showing Bullish sentiment.

Supports at: 23.050, 22.950 & 22.700

Resistances at: 23.200, 23.315 & 23.500

Pattern wise – looks very good for attacking The high.

 

[Alex Lugano]

Futures buoyant ahead of data-driven week

S&P 500 futures rise over 1%

Traders brace for news on tariff barrage

PMIs, US PCE, China earnings in focus

Wall Street shares looked set to open higher on Monday and the dollar firmed at the start of a data-driven week, while the threat of U.S. tariff hikes made investors cautious in Europe.

S&P 500 futures  ES1! were up about 1.2% and Nasdaq 100 futures  NQ1! were 1% higher at 1218 GMT.

U.S. President Donald Trump’s administration is likely to exclude a set of sector-specific tariffs while applying reciprocal levies on April 2, according to media reports over the weekend that helped sentiment in early trading.

The pan-European STOXX 600  SXXP ticked down 0.1%, with most of the region’s indexes lower except for Germany’s  DAX, which rose 0.2% after data showed manufacturing output there increased for the first time in almost two years.

This week’s data releases include global purchasing managers’ surveys, the U.S. Federal Reserve’s preferred inflation reading, inflation data in Australia and Japan, a budget update in Britain, and major earnings in China.

[Belgrade Bobby]

DAX – ger30

Resistances: 22.950, 23.150 & 23.350

Supports: 22.800, 22.700 & 22.400

22.400 is in sight – as long as DAX holds above it, it will try to regain its Uptrend.

[Belgrade Bobby]

DAX – ger30

And technical’s won – at least for today.

Supports: 22.650, 22.400

Resistances: 22.955, 23.225 & 23.475

Intraday – down

We have now a clear double Top – so possibility for a greater correction is now probable.

[GVI Forex 2]

Using my platform as a HEATMAP shows..

… the dollar trading firmer although except for USDJPY, all are still below Thursday’s highs

Another case where news reports look for some excuse to explain the price action

This time it is the Fed being in no rush to cut rates

EURUSD: Looks like it will break an 8 day pattern around 1.09 (bearish)… needs to stay above 1.0805 to avoid an outside week

Stocks a touch lower, US bond yields. steady, DAX is weaker

XAUUSD: Lower after no new record high today

Light news day

 

[Belgrade Bobby]

DAX – GER 30

Supports: 22.800, 22.600 & 22.400

Resistances: 23.350 & 23.480

Yoyo behaviour continues – I wouldn’t be surprised to see a new high tomorrow.

Technical analysis can do as much, and right now I follow it using my feelings….so not tradable any more.

Technically , DAX should now turn south and test the supports at 22.400 and even 21.700

We’ll need few days to get  clearer picture.

[GVI Forex 2]

DAX is down on the day while US stocks are back in the green… gives a hint that capital flows may be behind the weaker EURUSD.

[Belgrade Bobby]

DAX – GER 30

Dax tested supports today and how it closed the day indicates of probable move higher tomorrow.

Resistances: 23.310 & 23.475

[Adam Global]

Germany-40 index still holding inside the channel

Confirmation of double top

Tell Dax to go up

[Belgrade Bobby]

DAX – GER 30

Dax failed to reach the new high today and as I yesterday said – Frankly, I wouldn’t be surprised to see it turning down again towards 22.350

Support 23.190 , 22.955

Current pattern calls for at least another day down – but day is not over, yet

I will update it tonight

[Belgrade Bobby]

DAX – GER 30

Marginally higher high – 23.476

Frankly, I wouldn’t be surprised to see it turning down again towards 22.350

Supports: 23.150, 22.965 & 22.700

[Belgrade Bobby]

DAX – GER 30

23.300 & 23.500 resistances

Target 24.400

Be aware of possible failure in resistances area.

[Adam Global]

Dax killed me last week

To -$82.04

,now m on profit

Tell Dax to hit 25000.00