German DAX

Chart of the Day – USDCHF – (April 13th, 2021)

The Swissy closed at some key support spawning all the way back to the 2018 lows. The .9180/90 levels have acted as support or resistance on many occasions and today is probably no different. However, today we know that the USDCHF and 10yr yields have […]

Barríl de petroleo. El Barríl de petroleo en la cuerda floja !

¡ Hola Traders ! Hoy día 12 de Abril del año 2021, y analizaremos el desarrollo de precios de barríl de petroleo #brent #wti . Nuestros indicadores técnicos utilizados son dos: Medias de 34 exponenciales aplicadas a los máximos, cierres y mínimos. correspondiente a nuestro […]

Chart of the Day – Gold XAUUSD – (April 8th, 2021)

After holding the dip at 1680, we are back at the 1760 resistance which could signal a move back to the 1840 level on a close above this resistance tomorrow. In currencies, the USDJPY has a strong inverse relationship to the gold market, and since […]

Chart of the Day – CADJPY – (April 7th, 2021)

The CADJPY posted a false breakout last week above the 88.00 level. At that time, the divergent and overbought RSI suggested that the pair would pullback. As we drop back towards the 61.8% Fibonacci retracement of the last surge higher at 86.89, it happens to […]

Chart of the Day – DAX – (April 6th, 2021)

The German DAX found resistance at the 127% Fibonacci extension of the COVID lockdown move in 2020. As the German DAX has played “catch up” to the US markets the last several weeks as investors have been searching for value over growth with the recent […]