DAX: Move Up Expected! Long!
My dear friends,
Today we will analyse DAX together☺️
The recent price action suggests a shift in mid-term momentum. A break above the current local range around 23,517.46 will confirm the new direction upwards with the target being the next key level of 23,580.90 and a reconvened placement of
GER40 (DAX40) Technical Forecast📊🇩🇪 GER40 (DAX40) Technical Forecast – Intraday & Swing Outlook
Asset Class: GER40 CFD (DAX40)
Current Close: 23,675.1 (20th Sept 2025, 12:50 AM UTC+4)
🔎 Technical Setup
🕯 Candlesticks: Strong rejection tails at resistance, suggesting supply pressure.
🌊 Elliott Waves: Market in correc
DAX40 consolidation breakout supported at 23400The DAX remains in a bullish trend, with recent price action indicating a potential oversold rally within the broader uptrend.
Support Zone: 23400 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 23400 would confirm ongoing ups
DAX (GER40) - Great Short opportunityNasdaq down (see other idea) Dax playing Games. Was moving in a formation and did some fake breakout to the top today. Now sold back and heading south. I'm exepcting a drop to our previous defined targets.
Short at current position 23680
T1: 23487
T2: 23053
No trading advise.
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
German Cash Index / Euro reached its highest quote on Jul 10, 2025 — 24,654.90 EUR. See more data on the German Cash Index / Euro chart.
The lowest ever quote of German Cash Index / Euro is 14,480.50 EUR. It was reached on Mar 20, 2023. See more data on the German Cash Index / Euro chart.
German Cash Index / Euro is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy German Cash Index / Euro futures or funds or invest in its components.