DAX 40

Bullish

Archived analysis from Aug 18, 2026, 8:22 PM

Key insight

26,000 round number confirmed as new support; next structural target is 27,000 psychological level. Flat 24h print at record highs signals consolidation, not reversal — bias stays long while 25,800 holds.

26,147 holds above the 2026 breakout zone — DAX trades at all-time-high territory, supported by ECB easing, resilient German exports, and Wall Street at record highs.

Main risk

EUR/USD strength vs. export earnings

EUR/USD at 1.1573 compresses DAX exporters' euro-translated revenues; a push above 1.17 would pressure Daimler, BASF, SAP consensus estimates.

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