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Cleared above 16,300 major range resistance in place since November 2021. Watch the 16,440 key short-term support. The price actions of the Germany 30 Index (a proxy for the DAX futures) have continued to surge upward since our last analysis and cleared above the 16,200 short-term resistance as highlighted in our prior report. Yesterday, 5 […]

The post Germany 30 Technical: New Intraday Record High, Short-Term Bullish Trend Intact appeared first on Action Forex.

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15/08/2024

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It’s been two weeks since I left, and in that time, the markets plunged into chaos. Now that I’m back, things have finally returned to calm waters. Quick thoughts on the August meltdown The fact that the Japanese yen saw a heavy post-Bank of Japan (BoJ) reaction is of course due to the accumulation of […]
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