Tuesday, January 31, 2017

Financial markets - Stabilizing opening with marginal gains expected for European markets ..- DAX

Market comment ..

Good morning Europe .. stabilizing opening with marginal gains expected for European markets, with investors looking to rise to correction in the markets in recent statements of the new US President to limit the entry to the USA. With losses - 0.61% to 19,971,16 m closing the Dow Jones Industrial Average, yesterday evening. Downward picture presented by the Asian markets, the Nikkei to make heavy losses - 1.69% to 19.041 m. Gold recorded a small profit + 0.21% at $ 1,196.37 and oil Brent small losses at $ 55.32 .. while the EUR / USD rate recorded marginal losses - 0.09% at 1.0707 The Traders reap the profits .. 


DAX 30


The DAX futures of ... shortly before the opening of markets are moving with marginal gains + 0.09% to 11.687 m .. marginally below the level of Coreper 9m .. still above Kumo cloud ichimoku maintaining the upward scenario despite the temporary corrective action .. with attention focused on the strong support area above the level of 11 510 m ..




DAX futures



The German index for the third consecutive day moves with losses below the strong resistance of 11,920m .. showing inability to move on from the local peak of 11 893 m. Finding support for a possible positive reset the level of Coreper on 9 11,680m. with the next strong support to localize the EMA 21 to 11 610 m. 

The index fast stochastic ... has given output in hyper purchased price band ... while the indicator MACD ... moving sideways corrective action gives voltage switching .. but without clarifying whether this is being an output signal of the .. for a temporary corrective action. In any case, attention should be focused on the 21 EMA resistance for safer conclusions ...




Dow Jones Industrial Average



Technical Analysis view Gold



Technical Analysis view Brent Oil



Technical Analysis view EUR/USD



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