DAX 40

Neutral

Archived analysis from Sep 23, 2026, 8:32 PM

Key insight

25,358 consolidates below 2026 ATH ~25,600; break above opens 26,000 target, but EUR/USD slide to 1.1386 pressures export earnings and limits conviction.

25,358 holds near all-time highs but EUR/USD -0.6% headwind and gold -1.6% risk-off signal cap upside; 200-day MA ~22,800 far below, no structural breakdown.

Main risk

EUR/USD slide vs. export earnings

EUR/USD at 1.1386, down 0.6% today — sustained strength erodes DAX export revenues; watch 1.1200 as a structural support.

With Pro

Levels, scenarios & outlook are only available in the app — for all analyses, including archived ones.

Get the app→

Go to the current DAX 40 analysis →