Sat, Jan 31, 2026 16:59 GMT
More
    HomeContributorsTechnical AnalysisDax 40 Consolidates Gains

    Dax 40 Consolidates Gains

    The Dax 40 steadies as investors eye the Fed and ECB duo’s decisions. On the daily chart, the index is still hovering in the February 2022 sell zone around 15240. The RSI’s double top in the overbought area and a brief venture below the psychological level of 15000 has shaken out the weaker hands. A close back above 15240 would signal renewed strength and momentum buying could drive bids towards 15600. Otherwise, 15070 is a fresh support along with the recent swing low of 14900 as a second layer of defence.

    Orbex
    Orbexhttp://www.orbex.com/en/agent/cl/ccc678cb86b9
    At Orbex, we are dedicated to serving our clients responsibly with the latest innovations in forex tools and resources to assist you in trading.

    Latest Analysis

    Learn Forex Trading