DAX 40

Bullish

Archived analysis from Oct 26, 2026, 4:36 AM

Key insight

25,000 round-number floor tested and held; next resistance at 2026 ATH zone 25,500. EUR/USD 1.1220 adds FX drag for export earners, capping upside near-term.

25,212 holds above the 25,000 round-number support and 200-day MA near 22,800 — trend structure intact, ATH breakout confirmed above 24,000 prior ceiling.

Main risk

EUR/USD strength vs. export earnings

EUR/USD 1.1220 compresses DAX exporter margins — sustained move above 1.13 risks EPS estimate cuts for auto and industrial names.

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 →