Monday's financial market review


DAX40

Have you noticed that the German index has grown? Everyone who trades has probably already received a notification from their broker which companies have joined the index. According to the previous Monday market review, we are in the place we expected. Currently, we have a chance of a rebound, but the intensity with which the price moves does not guarantee the exact definition of investors' intentions. For this reason, when the session opens, the EU will try to join a move in line with the trend strategy, which says that lows and highs set the direction of the price movement. Currently, the chart shows a rebound, the price on new futures contracts has hit a psychological level of 15,300, lows and highs have been increasing, but at the time of writing the situation has already changed. So, having learned from the index moves earlier, I do not rule out breaking the hole in order to eliminate the long positions and only the actual rebound. Today, you definitely need to act dynamically, and in the event of a signal to change direction, you should wait for confirmation.

With a cross I marked the place of resistance that I will observe and on which there may be a downward consolidation before further move.

DAX


EURUSD

The situation turned out as we expected, but now the price has reached a strong support. The first signal of rebound appeared, unfortunately, very weak, so any entry should be a half position with an order hedging under the holes.

eur


NZDJPY

I would look for a possible reflection in the place where I showed it. Leaving the canal gives you the chance to make new heights.

nzdjpy


XAUUSD

Gold behaved quite standard, which may indicate a desire to rebound, which is already underway. Reach the level, reflection. Then the breakout of a hole on a large volume and only the actual move. Assuming that we are dealing with such a situation now, we can see that there is a chance for an upward correction. When the resistance breaks at 1770, we will be able to expect a further increase in the price of the asset.

gold

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Biznes-Broker
Biznes-Broker

Trader, cryptocurrency and forex market analyst. Editor of investor magazines: EN: http://biznes-broker.com/ PL: http://pvq.pl/ By giving me a tip you donate it to charity. All collected funds will help children and animals in need.


Analysis of the financial markets
Analysis of the financial markets

Subjective view of the financial market. Mainly Forex, Indexes and Commodities. Analyzes based on technical analyzes. All analyzes are my view of the market. It is not recommended to make trading decisions based on the information provided. You can check my work here: EN: http://biznes-broker.com/ PL: http://pvq.pl/

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