DAX 40

Bullish

Archived analysis from Sep 8, 2026, 1:23 PM

Key insight

26,000 held as intraday support; next resistance at 26,200 (prior ATH cluster). Flat +0.12% session signals consolidation, not reversal — trend intact above 200-day MA near 23,800.

Holds above 26,000 round number with S&P 500 at record 7,707 and EUR/USD stable at 1.1625 — breadth across Europe confirms no distribution at all-time highs.

Main risk

EUR/USD at 1.1625 — export headwind

Strong euro compresses DAX export earnings; 1.1700 break would pressure Volkswagen, BASF, Siemens margins materially.

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