ger40 index

USDJPY holds steady

The US dollar edged higher after November’s PPI beat estimates. Sentiment remains fragile after the price made a U-turn at 137.80, which was a brief support in the previous consolidation. Some buying interest has emerged from 135.40 with the RSI returning to the neutral area. A break above 137.80 would extend gains to the top of a faded rebound at 139.70. Only its breach could lighten up the mood and attract more buyers. On the downside, 133.70 would be a critical floor to keep the current bounce valid.

EURCHF pulls back

The euro retreats ahead of the ECB interest rate decision. On the daily chart, the single currency is still consolidating its gains after breaking above September’s high of 0.9850. The supply zone near the recent peak (0.9940) seems to be a hard hurdle to clear. The choppy price action is a sign of hesitation due to a lack of catalyst. 0.9820 is the closest support and the RSI’s oversold condition may attract some bargain hunters. A bounc

Risks in the US Banking System: Potential Impacts and Contagion Concerns

ECB Interest Rate Decision Is Coming! European Indices (DAX, CAC40) To Plunge Or Rise? What About Forex Pairs?

Mikołaj Marcinowski Mikołaj Marcinowski 13.04.2022 23:59
Inflation in the US and Great Britain hits high levels and everybody is working hard to handle it. Tightening of monetary policy, hawkish rhetoric and other means are used to tackle one of the most significant problem of today’s world. Today’s news? The US PPI (MoM) hit 1.4% and crude oil inventories didn’t help USOIL to go down. Tomorrow is going to influence European indices as ECB releases its long-awaited interest rate decision. The announcement takes place at 12:45 p.m. tomorrow. Undoubtedly loose monetary policy has helped DAX, CAC40 and IBEX35 many times before As we see on the charts ECB was hawkish many years ago. However, the monetary policy has been loosen several times to finally become a “neutral” one. ECB interest rate amounts to 0% right now and the last time the key rate got higher was 2016. Since then DAX (below) has been stimulated by loose monetary policy. Related article: UK Inflation: The increase has deepened the cost of living crisis in the UK DAX (GER 40) Has Gained Ca. 180% Over Last 24 years Similar dynamics are seen on CAC40 Chart. The Price Was Influenced By COVID-19 significantly Taking last ca. 20 years into consideration IBEX35 is the only index of presented which is below-the-line. Of course, the index was supported by ECB, but unfortunately one of the most popular Spanish index is not able to reach levels from 2008 before the global crisis caused by Lehman Brothers collapse. Source and Data: Investing.com, TradingView.com Charts: Courtesy of TradingView.com
UK Labor Market Shows Signs of Loosening as Unemployment Rises: ONS Report

DAX, EUR/GBP And EUR/USD Recovered Thanks To ECB Interest Rate Decision!? European Central Bank Makes European Indices Gain

Mikołaj Marcinowski Mikołaj Marcinowski 14.04.2022 16:23
It’s not easy time for Europe’s residents and European Central Bank’s decision makers. Ongoing war in the Ukraine with foreseen, intensified warfare and consequences of COVID-19 pandemic influenced economics of many countries. Naturally, the charts show that DAX and CAC40 trade higher than before the outbreak of the virus. To me, it only supports the thesis all mentioned events stopped European indices, companies and countries from growing much, much further. Emphatic European Central Bank (ECB) Let Economies Recover And Stay Strong? Since 2016 the ECB interest rate has amounted to 0%. Having in mind all the events which took place throughout last six years it seems to had been a correct decision. Coronavirus crisis influenced countries despite their economic status so tighter monetary policy would have weaken the euro and equities even further. But… Related article: ECB Interest Rate Decision Is Coming! European Indices (DAX, CAC40) To Plunge Or Rise? What About Forex Pairs? Inflation Is Taking Its Toll! Although the Russia-Ukraine warfare is still there and negotiations don’t seem to be working and stimulus for markets is highly demanded, the inflation is gaining momentum around the world. ECB is trapped in. These two contradictory factors may make decision makers confused, but let’s have a look how have markets reacted to today’s monetary policy statement of ECB. Forex: EUR/GBP Chart Shows Consequent Move Of The Price Strengthening of euro or weakening of British pound is driven by i.a. inflation data coming from the United Kingdom. The news coming from the UK in past months weren’t so optimistic as the inflation hit 30-year-high. EUR/GBP Chart Forex: EUR/USD influenced by both – ECB interest rate decision, war and Fed’s rhetoric As the week is coming to the end we see how many factors shaped the rates of certain currencies. This week’s inflation data of USA and the release of crude oil inventories make the asset quite volatile. Yeah… The right hand side… That’s a drop! EUR/USD Chart DAX Regained After Trading Lower Yesterday’s Morning Significant, ca. 2% decrease is almost compensated. DAX (GER40) Chart CAC40 Is Heading To A 1% Gain French index has been more aggressive until now. Today’s opening gain brought some optimism to investors. CAC40 Chart Source/Data: Investing.com, TradingView.com Charts: Courtesy Of TradingView.com
Deutsche Bank Shook DAX! French Election, Inflation And ECB Are Factors Which Shaped DAX (GER 40), CAC40, FTSE 100 And IBEX35 - Top Gainers, Top Losers

Deutsche Bank Shook DAX! French Election, Inflation And ECB Are Factors Which Shaped DAX (GER 40), CAC40, FTSE 100 And IBEX35 - Top Gainers, Top Losers

Mikołaj Marcinowski Mikołaj Marcinowski 15.04.2022 21:06
What a week! Today, holidays dominated many markets. Indices like DAX, CAC40 and IBEX35 weren’t live, but Forex market has been trading all day. Having said so, don’t hesitate to have a look at the analysis by Rebecca published earlier today and my yesterday’s indices analysis. Today we focus on top gainers and losers this week. GER 40 0.7% Below-the-line! French Election News Drives DAX? Beginning of the week was quite calm for the German index, but as some official and not so official news about French election went public, GER 40 plunged. Is it a worry caused by two different visions of France as a part of the EU in the near future? As we read and wrote several times recently – the meaning of integrity with the European Union may be changed if Marine LePen becomes the president of France. Related article: (USOIL) Crude Oil Price Crisis!? Fed To Boost (USD) US Dollar? UK Inflation Rate Surprised Many This Week, What About The Following One? Economic Calendar by FXMAG.COM Airbus (AIRG), Brenntag (BNRGn) and (MTXGn) MTU Aero Jumps! What Is Brenntag? Top three gainers of GER 40 were Airbus, Brenntag and MTU Aero. Well-known Airbus has been flying (sic!) high gaining ca. 2.6% as Brenntag did. Brenntag is a company linked with chemicals and their processing. Naturally, MTU Aero provides aerospace products. Feel free to leave a comment on the trigger of a 2.43% increase this week. Eurofins Scientific, Dassault And Kering Plunged Ranging Decreases Of 3-4%! These three companies are really tempting as they represent three different branches! Eurofins Scientific (EUFI) is linked with… science of course, Dassault (DAST) provides IT solutions and Kering (PRTP) has some premium brands in its portfolio. Article on Crypto: Hot Topic - NEAR Protocol! Terra (LUNA) has been seeing a consistent downward price trend, DAI Should Stay Close To $1 Is CAC40 In Crisis!? FCHI - the most vigilant French election observer Naturally CAC40 had its downs this week. French election news made FCHI decrease several times, but despite the problems CAC40 finished the week almost 0.7% above-the-line. What’s more French index was close to switch to Easter vibes with 1% gain, but as we see below, the price line retracted. No, Louis Vuitton (LVMH)! You’re not the winner this time! Arcelor Mittal notes a ca. 10% increase! Few days ago we had a look at Louis Vuitton and other French companies which have performed really well, but who topped the weekly top gainers ranking yesterday? It was Arcelor Mittal, company linked with mining and commodities who gained the most. The price of Arcelor Mittal went up by 7.85% overtaking Thales (+7.1%) and AXA (AXAF) (+4.8%). Source/Data: Investing.com Charts: Courtesy of TradingView.com
UK Labor Market Shows Signs of Loosening as Unemployment Rises: ONS Report

No More Clothes From Zalando!? Controversial Continental (CONG)! Company Has Jumped By Over 4% (DAX) What About US Stocks?

Mikołaj Marcinowski Mikołaj Marcinowski 21.04.2022 15:40
Not only has the earnings in the USA moving markets, but also all the news coming from Europe where Russia-Ukraine conflict persists influencing markets in various ways. The information about German Continental (CFD) restarting its factories in Russia to “protect workers” shocked many and brought on discussions. Continental (CONG) Gains Amid Controversy Technically, Continental has increased by over 4% and we wonder, if automotive companies who cooperate with the German tyres maker are going to revoke the partnerships making brands decline amid controversial decision. Continental restarts tyre making at Russian plant to protect workers https://t.co/POmwlhg41S pic.twitter.com/CChFSaNsz9 — Reuters (@Reuters) April 19, 2022 DAX (GER 40) Trades Higher Today Speaking of DAX, Continental is not the only “power source” today. Despite Continental, Sartorius (SATG_p) – a medical company and multi-branch Siemens (SIEGn) which provides various electric and electronic solutions to many markets. Read next: (XAGUSD) Price of Silver Vs. U.S Yields, Lumber and Corn Futures Dependent on Demand and Supply | FXMAG.COM Continental and Siemens Leading The Gainers’ Ranking Sartorius went for a 4.12% gain, CONG increase amounts to 4.55% and Siemens AG has risen by 4.06% over last 24 hours, but day is not over yet and these companies may fluctuate throughout next 2 hours of trading on XETRA. However, GER 40 has performed really well over last day gaining over 1.2% what can really gratify investors. Energy crisis? RWE is doing well! So which companies have lost? RWE AG (electricity) has increased over last year (+12.26%), but over last day the price has gone down by ca. 2%! HelloFresh (HFGG) investors probably feels upset as well – the company has lost -1.46% over last day. The third company which is currently below-the-line is Zalando SE known from its e-commerce brands. Read next: Unexpectedly Gold Price (XAUUSD) Falls, Canada And Chicago - Weather Makes Wheat Futures Fluctuate. The Price Of Palladium - Industrial Activity Is Taking Strain | FXMAG.COM The USA is back trading! Some news has moved the markets! Yesterday’s earnings of Tesla and Netflix has been shaping the prices from the time of announcements. But US Stocks is not only about big-tech and love brands! Read next: ECB Announcements to Possibly Tighten Monetary Policy Strengthens the Euro. EUR/USD, EUR/GBP, AUD/NZD and EUR/CHF All Increased | FXMAG.COM Netflix (NFLX) Has Begun With A Small Climb Surprisingly American Airlines shocked many with its earnings putting the stock price really, really high. The gain has amounted to ca. 10% and the commentary by the company’s CEO, Robert Isom is definitely worth a watch as he elaborates not only on the AAL revenue, but also on masks and post-COVID travelling. Rocking and Dancing Tesla Naturally opening Tesla factory in Berlin was a great reason to dance so we expect that the office of Elon Musk is like a danceroom right now as the stock price keeps high levels after yesterday’s evening release of the earnings. Tesla Stock Price (TSLA) Impressive AT&T AT&T earnings almost amounted to the forecast presented by Investing.com team in their insightful Earnings Calendar and the stock price has increased in premarket, so watch it closely throughout the day. Source/Data: Investing.com, TradingView.com Charts: Courtesy of TradingView.com
(EUR/USD) - An Eye For An Eye And A Tooth For A Tooth, US Dollar To Canadian Dollar - CAD Has Weakened, DAX (GER 40) Has Slid | Orbex

(EUR/USD) - An Eye For An Eye And A Tooth For A Tooth, US Dollar To Canadian Dollar - CAD Has Weakened, DAX (GER 40) Has Slid | Orbex

Jing Ren Jing Ren 09.05.2022 13:00
EURUSD consolidates The US dollar climbed after better-than-expected NFP in April. The euro is licking its wounds after it broke March 2020’s lows near 1.0640. The price is seeking support above March 2017’s lows (1.0500). The previous rebound came to a halt at the support-turned-resistance at 1.0640. A bullish breakout could drive the bears into giving up their chips, reducing the pressure and potentially paving the way for a rally towards 1.0810. A fall below the current consolidation range (1.0480) would send the single currency to 1.0400. USDCAD bounces higher The Canadian dollar softens as April’s labour market performance fell short of expectations. A combination of a break above March’s high (1.2900) and a bullish MA cross on the daily chart confirms the market’s upbeat mood. The latest retracement found support in the major demand zone over 1.2720. A break above 1.2840 may have flushed remaining selling interests out. Last December’s high at 1.2960 is the last hurdle and its breach could open the door for an extended rally above 1.3100. GER 40 struggles for support The Dax 40 tumbles as risk appetite subsides amid global policy tightening. The index has met stiff selling pressure at the origin of the late April sell-off at 14300. A drop below the psychological level of 14000 prompted buyers to bail out, invalidating the latest rebound in the process. A bearish MA cross is another sign that an imminent sell-off could be building up. A deeper correction below 13570 would send the price action to 13300. 13820 is a fresh resistance in case of a rebound.
EUR/USD Downside Risks in a Bearish Bond Market: Assessing the Impact of 10-Year Treasury Yields at 5.0%

Sell in May and go away - 2022 version | Conotoxia

Conotoxia Comments Conotoxia Comments 10.05.2022 11:11
Financial markets still seem to be discounting the prospects of more difficult and expensive capital raising after interest rate hikes and a weaker outlook for the economy with consumption falling due to inflation. For the first 10 days of the month alone, the German Dax fell by about 4 percent, the U.S. Nasdaq 100 by 3.7 percent, the S&P 500 by 2.5 percent Thus, the stock market saying sell in May and go away in 2022 sounds prophetic, as since the beginning of the month it has been hard to find financial assets that could gain in value. For the first 10 days of the month alone, the German Dax fell by about 4 percent, the U.S. Nasdaq 100 by 3.7 percent, the S&P 500 by 2.5 percent, and the DJIA by 1.5 percent. Silver has dipped by 4.5 percent, Meanwhile, since the beginning of the month, the U.S. dollar has gained 0.64 percent. The markets are therefore seeing a broad outflow into cash as part of the potential cash phase of the business cycle, which typically occurs before the bond phase, when these have reached the peak of their yields. This, in turn, may be related to the anticipation of interest rate hikes and a peak in inflation. Nevertheless, it can be added that today's financial market offers solutions that can allow trading both under the rise and also under the fall of financial asset prices, including cryptocurrencies. It is cryptocurrencies that may be the loudest again today, since the beginning of May brought a crash in this market. It is cryptocurrencies that may be the loudest again today, since the beginning of May brought a crash in this market. Tonight bitcoin was trading near of $29,000, which was the lowest value since the crash in May 2021. It is safe to say that history has repeated itself in May 2022, and the background seems very interesting. We are talking about the breaking of the stablecoin UST, which at one point was trading below $0.7. This in turn may have forced the release of bitcoin reserves, which were a hedge against a 1:1 UST to USD exchange rate and a massive supply of BTC tonight. The event was reminiscent of George Soros' breaking of the Bank of England or the release of the franc from the minimum exchange rate at 1.20 against the euro. Whether cryptocurrencies can recover from this remains an open question, as one of the stable coin foundations has been undermined Once again the financial market, this time in crypto, served up an event like we have never seen before and on a scale that has not been seen before. Whether cryptocurrencies can recover from this remains an open question, as one of the stable coin foundations has been undermined. Daniel Kostecki, Director of the Polish branch of Conotoxia Ltd. (Forex service) Materials, analysis and opinions contained, referenced or provided herein are intended solely for informational and educational purposes. Personal opinion of the author does not represent and should not be constructed as a statement or an investment advice made by Conotoxia Ltd. All indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Jason Sen (DayTradeIdeas) Comments On DAX (GER 40) And FTSE 100 - 28/09/22

Jason Sen (DayTradeIdeas) Comments On DAX (GER 40) And FTSE 100 - 28/09/22

Jason Sen Jason Sen 28.09.2022 08:52
Dax 40 December futures momentum is clearly negative as we break the July low at 12380/360. Yesterday we made a high for the day only 35 ticks above first resistance at 12350/400 before prices collapsed as expected. We appear to have formed a 9 month descending triangle pattern & have broken the lower trend line. Yesterday we formed a bear flag so a break below 12000 is the next sell signal. FTSE 100 December futures held Monday's range so same levels apply for today but we are breaking lower over night. Remember when support is broken it usually acts as resistance & vice-versa. Update daily by 06:00 GMT. Today's Analysis. Dax December broke support at 13100/13000 for a sell signal, then 3 month trend line support at 12700/650 for another sell signal & now the July low at 12380/360 for a new sell signal. Yesterday we made a high for the day just above first resistance at 12350/400. Then we crashed below 100 month MA support at 12200/150. As I warned you, the last 3 times this MA was tested, it did not hold, in 2009, 2011 & 2020. So now we have broken below 12000 (not a surprise!) & could drop quickly to 11700/700. Gains are likely to be limited of course in the bear trend with resistance at 12100/12200. Shorts need stops above 12300. FTSE December hit 500 day moving average support at 7020/7000 but we have 2 year 38.2% Fibonacci support & June low at 6950/6910. Longs need stops below the 500 week moving average at 6850. A break lower is a major medium term sell signal. Bulls need a break above minor resistance at 7080/7100. A break higher meets strong resistance at 7160/80. Shorts need stops above 7210.
Oil Prices Soar on Prospect of Soft Landing, Eyes Set on $80 Breakout

In The Morning DAX (GER 40) Reminded Us Of 2020. Could FTSE 100 Go Down?

Conotoxia Comments Conotoxia Comments 28.09.2022 15:13
Stock index contracts are falling today as consumer sentiment declines. This time it's consumers from Europe's largest economy, Germany, where a record of pessimism has been set. Sentiment in Germany vs. DAX quotes Germany's GfK consumer climate index fell to -42.5 in October 2022 from -36.8 the previous month, reaching a new record low. This is the fourth consecutive decline, which was worse than market forecasts had predicted. The latest reading highlighted growing concerns over rising inflation and high energy prices, as well as persistent fears of recession, with income expectations falling to a new record low (down 22.4 points to -67.7), according to data released by GfK Group. Economic expectations also fell 4.3 points to -21.9, reaching their lowest level since May 2009. Meanwhile, willingness to buy fell 2.8 points to -19.5, the lowest level since October 2008, marking the eighth consecutive month of declines. "The current very high inflation rate of almost eight percent is leading to large losses in real income among consumers, and thus a significant reduction in purchasing power," - Rolf Bürkl, GfK consumer expert, said. Source: Conotoxia MT5, DE40, H4 With sentiment weakening, but also with increasing chances of further interest rate hikes whether in the United States or the Eurozone, as well as a perceived energy crisis looming this winter, the German DAX index's stock price has set new local lows. At 10:19 GMT+3, the DE40 was down 1.15 percent and at its lowest level since November 2020. That's when the markets were hit by the autumn wave of the covid outbreak, and moments later a new upward wave followed with news of a successful vaccine. Then the bottom was established in the 11500 point area, and it seems that it could be a potential support for DE40. London Stock Exchange quotes It is impossible not to mention the UK stock market, which seemed to defend itself from declines for a long time. Now, however, the FTSE100 index, too, may be heading south. The UK100 instrument on the Conotoxia MT5 platform is down 1 percent to 6898 points as of 10:23 GMT+3. This week, Britain's main index hit its lowest level since March 2022. Source: Conotoxia MT5, UK100, W1 The London Stock Exchange appears to be under pressure from lingering concerns about the country's economic outlook, exacerbated by a lack of commitment to fiscal discipline. The budget plan of the UK's new finance minister Kwasi Kwarteng, which includes historic tax cuts and a massive increase in debt, has been met with strong opposition from the International Monetary Fund and the Moody's rating agency. If it is implemented, it is possible that the UK could experience a rating cut. Did you know that CFDs allow you to trade on both falling and rising prices? Derivatives make it possible to open buy and sell positions and thus trade on both rising and falling quotes. At Conotoxia, you can choose from CFDs and DMA CFDs on more than 4,000 shares of companies listed on stock exchanges from all over the world. To find a CFD or DMA CFD on a stock, all you need to do is follow 4 simple steps: To access Trading Universe - a state-of-the-art hub of financial, information, investment and social products and services with a single Smart account, register here. Click "Platforms" in the "Invest&Forex" section.Choose one of the accounts: demo or live On the MT5 platform, search for the CFD action you are looking for and drag it into the chart window. Use the one-click trading option or open a new order with the right mouse button. Daniel Kostecki, Director of the Polish branch of Conotoxia Ltd. (Conotoxia investment service) Materials, analysis and opinions contained, referenced or provided herein are intended solely for informational and educational purposes. Personal opinion of the author does not represent and should not be constructed as a statement or an investment advice made by Conotoxia Ltd. All indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results. Stock market news: Worse consumer sentiment and poor stock market sentiment (conotoxia.com)
Orbex's Jing Ren talks US dollar versus Japanese yen, EURCHF and DAX - December, 12 2022

Orbex's Jing Ren talks US dollar versus Japanese yen, EURCHF and DAX - December, 12 2022

Jing Ren Jing Ren 12.12.2022 08:34
USDJPY holds steady The US dollar edged higher after November’s PPI beat estimates. Sentiment remains fragile after the price made a U-turn at 137.80, which was a brief support in the previous consolidation. Some buying interest has emerged from 135.40 with the RSI returning to the neutral area. A break above 137.80 would extend gains to the top of a faded rebound at 139.70. Only its breach could lighten up the mood and attract more buyers. On the downside, 133.70 would be a critical floor to keep the current bounce valid. EURCHF pulls back The euro retreats ahead of the ECB interest rate decision. On the daily chart, the single currency is still consolidating its gains after breaking above September’s high of 0.9850. The supply zone near the recent peak (0.9940) seems to be a hard hurdle to clear. The choppy price action is a sign of hesitation due to a lack of catalyst. 0.9820 is the closest support and the RSI’s oversold condition may attract some bargain hunters. A bounce above the psychological level of 0.9900 could trigger a sustained recovery. Read next: What’s more worrisome is the fact that we will continue to learn of all of the contagion and aftereffects of the FTX collapse in the coming weeks and months. | FXMAG.COM GER 40 struggles for support The Dax 40 fell back as traders took profit ahead of a data-intensive week. The bulls have struggled to lift offers around June’s peak of 14650. Instead, a fall below 14350 prompted short-term buyers to take some chips off the table. The former demand zone around 14400 has become a supply one, and more sellers would join the rank if the buy side fails to reclaim it. The recent low of 14150 sits on the 30-day moving average and is a major support. The index could be vulnerable to a deep retracement should it be pierced.

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