DAX 40

Bullish

Archived analysis from Aug 24, 2026, 8:25 PM

Key insight

26,000 round-number support confirmed; break above 26,400 (Aug swing high) opens path to 27,000 psychological target. Gold at 4,651 signals risk-off hedging — watch for rotation into defensive DAX names.

26,117 holds above the 2026 breakout base near 25,800 — ATH territory sustained, with EUR/USD at 1.1663 limiting export headwinds less than feared at current index composition.

Main risk

EUR/USD strength above 1.17

EUR/USD at 1.1663 — a push through 1.17 compresses DAX exporters' earnings, historically triggering 3–5% index drag within weeks.

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