DAX30, NIKKEI, silver: weekly review | 09 October 2015

NIKKEI

The month chart: down-swing reached pivot zone 16440-16857. All prerequisites for start of a new upward swing. But will bulls take advantage of this opportunity?

DAX30, NIKKEI, silver: weekly review

The weekly chart: fortnight unsuccessful attempts to break down the inside bar - it's definitely the northern karma. You can buy on a pullback to the area 50% pin (17300 Zone). This is not a reversal, but a good upward swing in the descending structure - quite appropriate.

DAX30, NIKKEI, silver: weekly review

The daily chart: long attempt to break under the strong support 17162 have not been successful, the index "jumped" up like a cat. Bullish potential will be determined by the resistance zone 18652-18755. Not too far away, but as a speculative target for buyers - very well.

DAX30, NIKKEI, silver: weekly review

Expectations: So, we wait for the rollback in the area of ​​17380 and buy to 18755

Trading solutions:

1) buy from 17380 to 18755

DAX30

The Monthly chart: finished and rather long downward swingis enough to begin to look closer to purchases within the potential of the rising swing.

НDAX30, NIKKEI, silver: weekly review

The weekly chart we have received a good buy signal - from a strong bullish pinbar support zone 9300.0 The goal of the new swing-up area may be 11171.9.

DAX30, NIKKEI, silver: weekly review

The daily chart: also bull pin and a double bottom. Everything speaks about the purchases. The local goal - 10382.3

DAX30, NIKKEI, silver: weekly review

Expectations: waiting for growth to 10382.3. entrance to buy - 9450.0

Trading solutions:

1) Buy from 9450.0 to 10382.3

SILVER

The monthly chart: Bulls are noticeably inspired by the September IB on the background of a very low-cost silver. Expanding of the global downtrend will be possible only after a break above 18.61, that will form a bullish pattern Over & Under with the entrance area 14.27 (see. Arrow)

DAX30, NIKKEI, silver: weekly review

The weekly chart: an also distinct bullish momentum of the last bars, plus the "preparation" for the local O & U, which you need to go above 15.64

DAX30, NIKKEI, silver: weekly review

The daily chart: strong resistance in the 15.64 area could create a rollback down for at least $1 per ounce, after which it is advisable to buy silver expecting breakdown of 15.64

DAX30, NIKKEI, silver: weekly review

Expectations:

1) Touch of 15.64, then roll back to 14.71 and new growth to 16.66.

2) Direct growth to 16.66 (with a break above 16.66)

Trading solutions:

1) Buy from 14.71 to 16.66

Aleksey Panasenko
FreshForex Analyst
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