Major trend line resistance- 12080-12141
DAX is trading higher for 6 consecutive days and jumped more than 3.5%. The index jumped more than 19% in past 3-1/2 month on account of easing trade tension which increased risk appetite. US markets is consolidating after a huge jump of more than 25%. It has closed around 12248 on Thursday and markets shut today on account of Easter.
The near term support is around 12050 (5- day MA) and any violation below will take the index to next level till 11784 (20- day MA)/11610 (55- day EMA).
On the higher side, major resistance is around 12200 and any violation above will take the index to next level till 12500/12600.
It is good to buy on dips around 12000 with SL around 11785 for the TP of 12600.


FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro- Major Crypto levels and bias summary
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro- Major Pair levels and bias summary
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: GBP/AUD bears maintain upper hand 



