Fundamental: Germany’s DAX index rose about 0.3%–0.4%, outperforming some European peers amid improving global sentiment.
Gains were supported by optimism over U.S.-Iran peace talks, which eased geopolitical risk concerns.
The index moved higher alongside broader global equities, reflecting a risk-on mood in markets.
However, overall upside remained modest as investors stayed cautious due to ongoing uncertainty around the conflict and economy.
DAX TECHNICAL ANALYSIS
Technical Structure: Doji on Daily, Trading Above 20SMA on Daily, Consolidation on 4H, Bullish Flag on 1H
Weekly Trend: Bullish
Intraday Trend/ Intraday Strategy: Bullish/Buy on Breakout, Buy on Support
Major Support: 23900, 23400, 23000
Major Resistance: 24260, 24600, 25000
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