US Oil and Gas stocks have been in a strong uptrend since a year now and are recently performing much better than the broad S&P 500 index. The Dow Jones US Oil & Gas Index is approaching its all-time high …
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After the last post with a bearish outlook on the EUR it fell down to a low of 0.997 on 07.03.2022. So the target of parity has been reached. Then it recovered up to 1.03 before the meeting of the …
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 …
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 …
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 …
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 …
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 …
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 …