DAX 40

Bearish

Archived analysis from Nov 6, 2026, 9:20 PM

Key insight

25,690 breaks below the 25,750 short-term pivot — DAX now trades in no-man's land between 25,400 200-day MA support and 26,000 round-number resistance while US tech rallies, flagging DAX underperformance.

-1.69% drop cuts through 25,700 as EUR/USD slides 0.7% to 1.1141, squeezing export earners; S&P 500 +0.7% divergence signals Europe-specific selling pressure, not broad risk-off.

Main risk

EUR/USD Strength Reversal Risk

EUR/USD at 1.1141 (-0.7%) pressures DAX exporters; a further slide toward 1.09 would hit auto and industrial earnings hard.

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