| Videos | Channels | Search |
World Cup warm up: England vs Germany
This week the FTSE neared a 14-year high, boosted by investor’s excitement over the possibility of multiple mergers involving companies such as: Smith & Nephew, Stryker, Weir Group, and Mesto. Meanwhile, the DAX demonstrated a slight pullback from the record high close above 9,939 earlier in the week. Investors are exhibiting slight caution ahead of next week’s ECB meeting. The current ratio for the two indices, at 0.6925, having moved down to a key support level before bouncing higher. Joe also notes that a buy signal has been triggered by the fact that the ratio has moved out and back into the Bollinger band. Joe is expecting to see around 2 percent gain from the trade. His target level is 0.7065 from the current level of 0.6925. A stop can be placed around 0.6875. Disclaimer Saxo Bank Group provides an execution-only service. All information provided on Tradingfloor.com is solely for general information. Tradingfloor.com does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of our trading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. Saxo Bank Group will not be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available as part of the Tradingfloor.com or as a result of the use of the Tradingfloor.com. Please read our notification on
01:31 minutes
Tags: bollinger band, dax, dax 30, dax 9000, dax bearish, dax downward trends, dax ftse ratio, dax index, dax index bearish, dax index trends, dax price, dax record high, dax target, dax trading, equities, equities trading, equity, equity index, equity market, equity markets, equity portfolio, equity strategy, equity trading, ftse, ftse 100, ftse 100 dax 30, ftse 100 index, ftse 14 year high, ftse bearish, ftse fourteen year high, ftse gains, ftse index, ftse index 100, ftse index bull, ftse investing, ftse trading, ftse100, joe neighbour central markets, pair trade, pair trade ftse dax, pairs trade, pairs trade ftse 100 and dax 30, ratio, saxo bank, saxo bank equities, saxo bank saxo tv, saxo bank trading, saxo bank trading floor, saxo bank tradingfloor.com, saxo tv, saxo tv saxo bank, saxo tv trading floor, saxo tv tradingfloor, saxo tv tradingfloor.com, support levels, traders tale, traders tale joe neighbour, traders tale saxo tv, tradingfloor.com, tradingfloor.com insights, tradingfloor.com saxo tv