Thursday, October 15, 2026

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DAX30 faces strong resistance around 10000, break above targets 10400

Major resistance – 10000 Major support – 9800 (7 day 4 H EMA) The index has recovered after making a low of 9396. It is currently trading around 9950. DAX30 is facing major resistance around 10000 and any break above wil…

By FxWire Pro
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  • Major resistance – 10000
     
  • Major support – 9800 (7 day 4 H EMA)
     
  • The index has recovered after making a low of 9396. It is currently trading around 9950.
     
  • DAX30 is facing major resistance around 10000 and any break above will take the index till 10200/10410 in short term.
     
  • On the lower major support is around 9800 and break below targets 9660/9597.
     
  • Short term weakness only below 9300 level.

It is good to buy above 10000 with SL around 9800 for the TP of 10400

 

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