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DAX is bouncing from 13900   DAX is holding the 13900 support. We have a bounce at the beginning of the year from the critical support which should be confirmed for an upside continuation. A break below 13900 is now required to invalidate the upside extension, giving us a good […]

Daily market overview EURUSD, USDJPY, AUDUSD, NZDUSD, USDCAD, GBPUSD, BITCOIN Click on the chart image to enlarge it USDJPY The pair is breaking for the first time above strong wedge resistance 118. It is reaching 2015 extreme 125 and is breaking above it. Look at this like the final stage

NASDAQ is testing the key support/resistance   NASDAQ is still holding 10.800. We have a little bounce at the beginning of the year from the key support, downside resistance 10800. A break below this resistance could lead to a downside break and an extension lower within the long-term downside channel.

Copper is supported by 3.8000   Copper is consolidating above 3.8000. Extension higher from here could be a trade of the following year along with other commodities such as Silver. Any bounce early next year and a break above 4.000 can boost the extreme upside extension scenario which should target

NZDJPY is bouncing from 82   NZDJPY is bouncing off 82. A confirmed break above 84.60 resistance would lead to an extension higher and to another test of the recent high of 87.40. A confirmed break below 82.40 will lead to a complete downside reversal. Note: look for the short