Since September 2019 the EURCHF has seen support around 1.08. (Beginning of Sept the SNB stated that the CHF is 10-15% overvalued.) From these levels the EUR has been making two attempts to rise but did not manage to cross …
On 01.08.2019 the Brent Crude Oil contract dropped below the Neckline of the Head and Shoulders Formation and dropped sharply. This week, after postponing US-Tariffs on chinese several goods the Brent contract recovered. Wednesday’s surprise build in US crude stocks …
20190815- Brent Crude Oil falling – next Targets 55 or 51$/bbl??? Read more »
On 02.08.2019 the EUR/CHF dropped below the Support at 1.10 and from there proceded to the target derived from the Head and Shoulders formation that has occured in the EUR/CHF by breaking the neckline on 07.08.2018. Again the Swiss Frank …
The Head and Shoulders formation that has occured in the EUR/CHF by breaking the neckline on 07.08.2018 ist still in place. On the contrary to the EURUSD it has caused a decent drop in the EUR against the CHF . …
20180904- EUR/CHF Head and Shoulders Formation – update Read more »
The breakthrough of the neckline of the Head and Shoulders formation has been proven as a false signal so far. The EURUSD has recovered above it again. Nevertheless there is still Euro-Weakness in the market. For the EURCHF also a …
20180904- EUR/USD Head and Shoulders Formation – update EUR/CHF Read more »
On Friday the EURUSD has broken down through the neckline of a Head+Shoulders Formation. This shows the Euro-Weakness in the market. From the chart technical viewpoint this also opens up the possibility of a bigger move into the 1.10 to …
20180812 – EUR/USD Head and Shoulders Formation – risk of further downside Read more »
The Dax rose just under 12’600 points and hovered there until the end of the week. The Dax surpassed 12’300 an came back into bullish territory bt unfortunately the big upmove did not happen. The MACD is bullish, the RSI …
The Dax followed pretty much the drawn out path in the last week. Finding support at the 200-day SMA around 12’066 before rising to the upper Bollinger Band. The MACD is bullish, the RSI rose to 56,72 and the VDAX-NEW …
Last week the Dax marked a low at 11’855 points but recovered above the 200 day MA. The MACD is slightly bullish, the RSI is at 48,11 and the VDAX-NEW is at 14,86. The support is still in the 12’000 …
Last week the Dax stabilised further trading roughly between 12’000 and 12’260. The MACD is bullish, the RSI is at 46,32 and the VDAX-NEW is at 15,01. The support is still in the 12’000 area, where also the 200-Day SMA …