Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

FxWirePro: DAX faces strong support at 9300, good to buy at dips

Major support: 9300 (29th Sep low) DAX has made a low of 9410 and slightly recovered from that level. It is currently trading around 9562. Short term trend is slightly bullish as long as support 9300 holds. Any break bel…

By Lis Howell
1 min read
FxWirePro: DAX faces strong support at 9300, good to buy at dips
Image from the original EconoTimes article

Read the original article

  • Major support: 9300 (29th Sep low)
     
  • DAX has made a low of 9410 and slightly recovered from that level. It is currently trading around 9562.
     
  • Short term trend is slightly bullish as long as support 9300 holds.
  • Any break below 9300 will drag the index down till 9216/9120/9000.
     
  • On the higher side resistance is around 9605 and break above targets 9769/9865.
     
  • Overall trend reversal only above 10200.

It is good to buy at dips around 9450 with SL around 9300 for the TP of 9750/9845

 

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