Market View
DEU40 remains in a constructive bullish structure on the 4H chart after recovering from the recent pullback.
The latest rebound has lifted the price back toward the upper boundary of the recent trading range, showing that buyers have regained short-term control. However, the index is now approaching a resistance zone where selling pressure could increase.
As long as higher lows continue to form, the broader bullish outlook remains intact.
Key Resistance
First resistance: 25,500–25,600
Price is testing this area now. A breakout could attract fresh buying momentum.
Second resistance: 25,800–26,000
Clearing this zone would strengthen the bullish trend and open the way for further gains.
Major resistance: 26,600–26,800
This is the next major upside target if buyers maintain control.
Key Support
First support: 25,200–25,300
Holding above this area would keep the current recovery intact.
Second support: 24,900–25,000
A pullback into this zone could attract renewed buying interest.
Major support: 24,500–24,700
Losing this support would weaken the current bullish structure and increase downside risk.
Market Sentiment
Market sentiment remains cautiously bullish.
Buyers continue to control the broader trend, but price is approaching an important resistance area where profit-taking could temporarily slow the advance. A confirmed breakout would reinforce bullish momentum.
Please share your view below:
Will DEU40 break above resistance and continue toward fresh highs? Or will sellers defend this zone and trigger another pullback?
More market structure and key level updates will be shared on a regular basis.
DEU40 remains in a constructive bullish structure on the 4H chart after recovering from the recent pullback.
The latest rebound has lifted the price back toward the upper boundary of the recent trading range, showing that buyers have regained short-term control. However, the index is now approaching a resistance zone where selling pressure could increase.
As long as higher lows continue to form, the broader bullish outlook remains intact.
Key Resistance
First resistance: 25,500–25,600
Price is testing this area now. A breakout could attract fresh buying momentum.
Second resistance: 25,800–26,000
Clearing this zone would strengthen the bullish trend and open the way for further gains.
Major resistance: 26,600–26,800
This is the next major upside target if buyers maintain control.
Key Support
First support: 25,200–25,300
Holding above this area would keep the current recovery intact.
Second support: 24,900–25,000
A pullback into this zone could attract renewed buying interest.
Major support: 24,500–24,700
Losing this support would weaken the current bullish structure and increase downside risk.
Market Sentiment
Market sentiment remains cautiously bullish.
Buyers continue to control the broader trend, but price is approaching an important resistance area where profit-taking could temporarily slow the advance. A confirmed breakout would reinforce bullish momentum.
Please share your view below:
Will DEU40 break above resistance and continue toward fresh highs? Or will sellers defend this zone and trigger another pullback?
More market structure and key level updates will be shared on a regular basis.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
