Weekly Review. NIKKEI, DAX, Silver | 21 August 2015

NIKKEI

Monthly chart: an upward swing continues, there is no place to enter into it, and in the beginning there was no signal of the downward signal. We are waiting for clarity after the monthly bar will be closed.

Weekly Review. NIKKEI, DAX, Silver

Weekly chart: despite an intense refinement, bearish Over & Under is still "alive". And it will remain relevant as long as resistance 20969 is not broken.

Weekly Review. NIKKEI, DAX, Silver

Daily chart: a significant bullish inside bar at the end of the downward swing, but chances for delcine are still there, as there is a puncture of the last bottom, which can count for another local O & U down from resistance 20846 .

Weekly Review. NIKKEI, DAX, Silver

Scenarious:

1) Rising to the 20846 and the beginning of a strong decline to 19 000.

2) A break above 20969 will just make us expect a sell signal only after close of September.

Trading solutions:

1) Sales from 20846, Stop orders above 20,969, TP at 19 000.

DAX30

Monthly chart: a downward swing has been formed and bulls have a chanceto form Inside bar in August that would allow them to move to new highs.

Weekly Review. NIKKEI, DAX, Silver

Weekly chart: to have a fully completed downward structure, we lack one more down intersection (last bottom - 10649.5). Browse local (day) Northern O & amp; U 10800.0 of the area, so we can assume the struggle in this area. By the nature of the rebound can be fairly accurately determine the real sentiment

Weekly Review. NIKKEI, DAX, Silver

Day chart:

Weekly Review. NIKKEI, DAX, Silver

Scenarious:

1)Growth from the current levels to 11315.0-11455.0 and then decline to 10800.0

2)Direct decline to 10800.0 and the strong growth in the direction of 11814.0.

Trading solutions:

1) Byuing from 10800.00 to 11814.0, Stop orders shall be put under 10645.0

Silver

Monthly chart:meanwhile we confirm our expectations of a double bottom for silver. Joy of bulls is too early, but preconditions for a reversal and further growth to 21.50 are substantial.

Weekly Review. NIKKEI, DAX, Silver

Weekly chart:an active breakthrough of internal bars in the upward direction - it is a northern argument.

Weekly Review. NIKKEI, DAX, Silver

Day chart we also have local double bottom and confirm a strong upward swing. Now we shall skip a rollback swing down and will buy again. The best depth of correction - 14.67-15.00 US dollars per ounce.

Weekly Review. NIKKEI, DAX, Silver

Scenarious: So, we wait for pullback to buy at 14.67-15.00 and on additional signals we shall buy to 21.50 for medium term. This week the price can reach 17.00-17.70.

Trading solutions:

1) Buying from 14.67-15.00 to 17.00, 17.70. Stop orders shall be put under 14.30.

Aleksey Panasenko
FreshForex Analyst
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