DAX 40

Bullish

Archived analysis from Sep 18, 2026, 8:26 PM

Key insight

25,342 consolidates just below the 25,500 round-number resistance; a weekly close above that level opens a measured extension to 26,000. EUR strength and oil at $95.8 are the key offsets to watch.

25,342 holds near record highs — EUR/USD at 1.1487 provides mild headwind for exporters, but global risk-on (S&P 500 +0.2%, Gold +0.9%) underpins German equities at cycle peaks.

Main risk

EUR/USD strength vs. export earnings

EUR/USD at 1.1487 squeezes DAX exporters' margins; a break above 1.16 would amplify pressure on auto and industrial sectors.

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