FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback 
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies 
FxWirePro: GBP/NZD remains buoyant, looks to extend gains 
FxWirePro- Major Pair levels and bias summary 
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm 
FxWirePro: EUR/AUD eases slightly but trend is still bullish 
FxWirePro: GBP/NZD range to extend until there is game changing news 
FxWirePro- Major European Indices 
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/USD outlook weaker on renewed downside pressure 
FxWirePro: USD/CNY gains some ground but bearish outlook persists 
FxWirePro: GBP/USD recovers but bears are not done yet again 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop 
FxWirePro: AUD/USD downside pressure builds, key support level in focus 
Major support- 11800
DAX30 has formed a minor bottom around 11864 and jumped more than 3.5%. It hits high of 12077 and is currently trading around 12038. The jump in European markets was mainly due to
- ECB decided to keep rates unchanged till mid 2020 and said that it is considering further stimulus to counter risk on account of trade war
- The central bank has also announced new TLTRO which will be useful to banks, financial institutions.
On the lower side, any break below 11800 confirms major weakness. Any violation below 11800 will drag the index to next level 11675 (100- day MA)/11360/11276.
The near term resistance is around 12120 and any break above targets 12315/12454. The index should break above 12500 for further direction.
It is good to buy on dips around 11925-950 with SL around 11750 for the TP of 12320/12480.
