DAX / GER40 analysis
מעודכן
The 
GER40 DAX has exhibited a consistent bullish trend in recent months, trading within an ascending channel on the weekly chart. However, on the daily chart, signs of exhaustion are emerging following significant upward moves, suggesting a potential short-term consolidation or correction.
Support and Resistance Levels:
The daily RSI is hovering near the overbought zone, indicating the asset may be overvalued and vulnerable to a correction.
A potential distribution phase is noted, where institutional players might be taking profits after the recent rally, setting the stage for a possible reversal or sideways movement.
Relevant Fundamental Factors:
The German economy faces significant headwinds, with growth projected at just 0.1% for 2025 following two years of contraction. Additionally, the recent political crisis, marked by the collapse of the governing coalition, has heightened economic and political uncertainty in the country.
Possible Scenarios:
Bullish Scenario: If the price breaks above the 20,261-point resistance with strong volume, it could target the next resistance at 20,481 points. To confirm the continuation of the uptrend, the RSI must remain at moderate levels, avoiding extreme overbought conditions.
Bearish Scenario: If the price breaches the 19,202-point support, it may accelerate toward the next support at 19,028 points or even the discount area. A declining RSI would reinforce this scenario, signaling increased selling pressure.
GER40 DAX has exhibited a consistent bullish trend in recent months, trading within an ascending channel on the weekly chart. However, on the daily chart, signs of exhaustion are emerging following significant upward moves, suggesting a potential short-term consolidation or correction.Support and Resistance Levels:
- Resistance 1: 20,261 points
- Resistance 2: 20,481 points
- Support 1: 19,202 points
- Support 2: 19,028 points
The daily RSI is hovering near the overbought zone, indicating the asset may be overvalued and vulnerable to a correction.
A potential distribution phase is noted, where institutional players might be taking profits after the recent rally, setting the stage for a possible reversal or sideways movement.
Relevant Fundamental Factors:
The German economy faces significant headwinds, with growth projected at just 0.1% for 2025 following two years of contraction. Additionally, the recent political crisis, marked by the collapse of the governing coalition, has heightened economic and political uncertainty in the country.
Possible Scenarios:
Bullish Scenario: If the price breaks above the 20,261-point resistance with strong volume, it could target the next resistance at 20,481 points. To confirm the continuation of the uptrend, the RSI must remain at moderate levels, avoiding extreme overbought conditions.
Bearish Scenario: If the price breaches the 19,202-point support, it may accelerate toward the next support at 19,028 points or even the discount area. A declining RSI would reinforce this scenario, signaling increased selling pressure.
עסקה פעילה
20261 reached. Rejecting region. It could go until 20232 before retesting the top of the move.עסקה סגורה: היעד הושג
Last region reached. Rejecting region. It could go until 20235. Closing the trade.
כתב ויתור
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