DAX 40

Key insight

25,544 trades 0.6% higher on the week — breakout above 25,000 round-number resistance is confirmed; next technical objective is the measured extension at 26,000, with the all-time-high zone above 26,200 as the ultimate bull target.

25,544 holds above the 2026 breakout base near 25,000; EUR/USD at 1.1393 is manageable for exporters while Oil at 92.3 supports energy names. Momentum stays intact above the 50-day MA near 24,800.

Main risk

EUR/USD strength above 1.14

EUR/USD at 1.1393 squeezes DAX exporter margins; a break above 1.1450 would amplify earnings headwinds for autos and industrials near resistance at 25,800.