DAX: ⬇️ Sell – DAX broke long-term support level 23000.00 – Likely to fall to support level 21500.00 DAX index recently broke the support zone between the powerful long-term support level 23000.00 (which has been reversing the price from June of 2025) and 38.2% Fibonacci correction of the upward impulse from April. The breakout of this […]
The DE 40 stock index failed to recover and entered a downtrend. The DE 40 forecast for today is negative. DE 40 forecast: key takeaways Recent data: Germany’s CPI rose 0.2% in February Market impact: the data creates a neutral backdrop for the German stock market DE 40 fundamental analysis Based on the released statistics, […]
Trade ideas for USDCAD, EURUSD, and XAUUSD are available today. The ideas expire on 17 March 2026 at 9:00 AM (GMT +3). USDCAD trade idea The USDCAD decline is nearing completion, indicating weakening bearish momentum and increasing the probability of a reversal. However, the risk-to-reward ratio is still too low to open long positions at […]
EURGBP: ⬆️ Buy – EURGBP reversed from support zone – Likely to rise to resistance level 0.8685 EURGBP currency pair recently reversed from the support zone between the support level 0.8620 (which has been reversing the price from last August), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from last […]
Dow Jones: ⬆️ Buy – Dow Jones reversed from support level 46500.00 – Likely to rise to resistance level 48000.00 Dow Jones index recently reversed from the support zone between the support level 46500.00 (which stopped the previous impulse wave 1 at the start of March, as can be seen from the daily Dow Jones […]
The USDJPY pair climbed to 159.58. The market is closely watching the key resistance level near 160.00. Discover more in our analysis for 16 March 2026. USDJPY forecast: key takeaways The USDJPY pair continues to rise with brief pauses for correction The market expects the Bank of Japan to keep the interest rate unchanged this […]