Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

DAX 30 faces strong resistance around 9530, break above targets 9625/9797

Major resistance -9530 (trend line joining 10164 and 9926) Major support -9300 The index has made a high of 9554 and declined till 9348 from that level. It is currently trading around 9453. It is facing short term trend …

By Lis Howell
1 min read
DAX 30 faces strong resistance around 9530, break above targets 9625/9797
Image from the original EconoTimes article

Read the original article

  • Major resistance -9530 (trend line joining 10164 and 9926)
     
  • Major support -9300
     
  • The index has made a high of 9554 and declined till 9348 from that level. It is currently trading around 9453.
     
  • It is facing short term trend line resistance around 9530 and break above will take the index till 9622/9797.
     
  • On the lower side minor support is around 9400 and break below targets 9300/9220.

It is good to buy above 9530 with SL around 9400 for the TP of 9625/9797

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team