Review of DAX30, silver and NIKKEI | 22 January 2016

NIKKEI

Monthly: The index has set to the downward reversal, pierced the last bottom and there are no signs that southern pressure would end. Goal - 13852

 Review of DAX30, silver and NIKKEI

Weekly: we also see development of the downward structure. It is safer to enter after a corrective upward swing.

 Review of DAX30, silver and NIKKEI

daily: the same picture. We expect reaching of the new Lows by the price followed by the upward correction, at the end of which we will look for signals down.

 Review of DAX30, silver and NIKKEI

Expectations: so, at this stage it is hard to predict. We see nor clear goals at the bottom, neither clear-cut areas for possible correction. Therefore, it is better to wait and be patient. In general, we are waiting a fall to 13852.

solutions: not to trade this week.

DAX30

Monthly: the index is traded in the direction of 8364.3

 Review of DAX30, silver and NIKKEI

Weekly: the bearish Over&Under around 11066.0 is still unimplemented.

 Review of DAX30, silver and NIKKEI

daily: another O&U around 10833.1

 Review of DAX30, silver and NIKKEI

Expectations: news Lows followed by correction to 10833-11066.0

solutions:

We are waiting for a rollback to the area of ​​10833-11066. Therefore you can monitor upward signals to new Lows.

Pending salea from 10833-11066.

Silver

Monthly: A continued downtrend on silver.

 Review of DAX30, silver and NIKKEI

Weekly : we also expect some drop

 Review of DAX30, silver and NIKKEI

daily: consolidation. Everything points to the fact that a new downward swing will soon begin targeting the level under 13.63 (the last bottom)

 Review of DAX30, silver and NIKKEI

Expectations: drop under 13.63

solutions: sales to 13.20

Aleksey Panasenko
FreshForex Analyst
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