With the tensioning of the Russia-Ukraine crisis and the later outbrek of the war the Swiss Franc was sought after as a safe haven and profitet from the weakening Euro. Whilst the Euro rose at first in February on the …

20220302- EUR/CHF – Head and Shoulders pointing down? Read more »

The Dax left the short-term downtrend middle of October.  The reduced economic growth outlook has currently not led to a further sell off. Supply chain problems and a looming risk of stagflation will continue to concern markets. The medium term …

20211031 – Dax in short term upward trend Read more »

After a false breakout to the bottom on 04.05.2021 the Dax recovered again and attempted to break above 15’540 points. Despite the long-term trend still being bullish, the medium-term and short-term trends look rather sideways. The sideways channel being between …

20210524 – Dax attempting to break 15’540 again Read more »

  The price for EU Emissions Allowances (EUA) dropped sharply by around 40% in the March crash 2020 but has since then recovered above pre-COVID19-levels. On 16.09.2020 The EU comission announced the plan to reduce emissions by 55% instead of …

Sharp drop in EU-ETS Emissions could pose a risk to the current rallye in EUAs Read more »

Since 16.02.2021 the Euro rose strongly against the Swiss Franc and surpassed imprtant resistances at 1.09 and 1.1. After the strong move in June 2020 and the  breaking out of the long term downtrend in August 2020 this is the …

20210225- EUR/CHF – at crossroads again Read more »

The containment measures against the New Coronavirus (COVID19) have slowed down national and international business activity heavily. Whilst companies in the digitalisation and healthcare are profiting most other sectors and especially international tourism and the service sector are suffering. The …

Sharp drop in EU-ETS Emissions estimated due to COVID19 Read more »

Again the potential pullback in Gold did not materialize and the rallye rocketed through 2’000 reaching a high of 2’071 on 08.08.2020. The RSI is still looking overbought and the correction could easily continue down to 1’900 without disturbing the …

20200809- Gold rallyes above 2’000 what’s next? Read more »

The Dax Index fell back to the first support at 12’780 last week. Now situated just above the recent upward-trendline, in the next days it will be crusial to defent the current level and not fall below. Otherwise the support …

20200727- Dax is consolidating at the uptrend Read more »

The potential pullback in Gold did not materialize. The rallye went straight to the target, the 2011 high around 1’911$. Thereby breaking upward throught the trend channel. The chart still looks bullish despite the RSI looking overbought and a higher …

20200727- Gold rallyes straight to 2011 high Read more »