German Stock's Index
Wave Analysis
During the previous trading day, the German Stock's Index rallied to the lower side and is still pretty much bearish. As long as the price remains below the upper trendline, we expect nothing but a possible momentum to the lower side and should break below the lower trendline. If the price rebounds from the lower trendline, then further momentum to the upper side is expected towards the upper trendline, if the price breaks above the upper trendline, then further momentum to the upper side is expected.
Trade Recommendations:
We're sellers towards the lower trendline.
Silver Weekly Review
Wave Analysis
During the previous trading day, Silver rallied to the lower side and is now below level 22.699 Following the break below the rectangular formation, we expect nothing but a possible momentum to the lowerside, this is the continuation of an impulsive wave count and should see the price break below 17.030. If you are looking at this chart right now, keep looking for long term sell position. A break above 22.699 will mean we're now upwards.
Trade Recommendations:
As long as the price remains below the level 22.699, then further momentum to the lowerside is expected towards 17.030.
NZDCAD Weekly Review
Wave Analysis
As long as the price continues to consolidate above 0.64792, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of an impulsive wave count and should see the price break above 065940 and may continue much higher. On the flipside, should the price break below the level 0.64792, then further momentum to the lowerside is expected with an ideal target set at 0.63590.
Trade Recommendations:
We're waiting for a buy from around 0.64792.
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