DAX: Bulls have not lost control just yet [Video]

Jason Sen DayTradeIdeas.co.uk

DAX

Dax 30 JUNE futures

Dax reached minor resistance at 10500/550 & I should have been shorting here. I miss read it. We unexpectedly collapsed from 10500/550 & broke support at 10250/200.

Video analysis

Daily Analysis

Dax I do not think the bulls have lost control just yet & I think we can have 1 last push higher for a selling opportunity in to the end of the week. Holding 10200/150 allows a recovery to 10265/295 & 10350/390 before resistance at 10500/550. A break above 10600 meets a selling opportunity at 10850/900 with stops above the opening gap from 9th March at 11092. Just be aware that a break higher meets the next selling opportunity at 11450/550 with stops above 11700.

If we continue lower, the last line of defence for bulls is at 10,000. Longs need stops below 9940. A break lower targets 9790/9740.

Trends

Weekly outlook is negative

Daily outlook is neutral

Short Term outlook is positive

Author

Jason Sen

DayTradeIdeas.co.uk

EUR/USD extends its optimism past 1.1900

EUR/USD retains a firm underlying bid, surpassing the 1.1900 mark as the NA session draws to a close on Monday. The pair’s persistent uptrend comes as the US Dollar remains on the defensive, with traders staying cautious ahead of upcoming US NFP prints and CPI data.

GBP/USD tilts bullish as markets barrel toward mid-week NFP print

GBP/USD is holding a broader bullish structure on the daily chart, with price trading well above the 50 Exponential Moving Average at 1.3507 and the 200 EMA at 1.3310, confirming the intermediate uptrend that has been in place since the November 2025 low near 1.2300.

Gold pushes back above $5,000

The daily chart shows spot Gold in a parabolic uptrend that accelerated sharply from the $4,600 area in late January, printing a record high at $5,598.25 before a violent reversal erased nearly $1,000 in value during the final days of the month.

Litecoin eyes $50 as heavy losses weigh on investors

Following a strong downtrend across the crypto market over the past week, Litecoin holders are under immense pressure. The Bitcoin fork has trimmed about $1.81 billion from its market capitalization since the beginning of the year, sending it below the top 20 cryptos by market cap.

Japanese PM Takaichi nabs unprecedented victory – US data eyed this week

I do not think I would be exaggerating to say that Japanese Prime Minister Sanae Takaichi’s snap general election gamble paid off over the weekend – and then some. This secured the Liberal Democratic Party (LDP) an unprecedented mandate just three months into her tenure.

Ripple exposed to volatility amid low retail interest, modest fund inflows

Ripple (XRP) is extending its intraday decline to around $1.40 at the time of writing on Monday amid growing pressure from the retail market and risk-off sentiment that continues to keep investors on the sidelines.