DAX forecast: Historically low volatility and resistance - financial expert gives outlook
According to a report from stock3.com, the DAX is facing a central cross resistance at 15365 points. Despite historically low volatility, DAX prices tend to continue to rise, regardless of the resistance situation. Today's DAX forecast infers that the DAX may continue to rise, especially when US macro data is released. The central DAX cross resistance at 15365 points is considered a decisive factor. If this resistance is clearly broken, the price target could be 15660 points. If you look at the DAX intra-day, a support zone is mentioned at 15335/15320 points, while above 15365 points a rise to 15472/15507 points is expected. If the DAX falls below 15365...

DAX forecast: Historically low volatility and resistance - financial expert gives outlook
According to a report by stock3.com, the DAX is facing a central cross resistance at 15365 points. Despite historically low volatility, DAX prices tend to continue to rise, regardless of the resistance situation.
Today's DAX forecast infers that the DAX may continue to rise, especially when US macro data is released. The central DAX cross resistance at 15365 points is considered a decisive factor. If this resistance is clearly broken, the price target could be 15660 points.
If you look at the DAX intra-day, a support zone is mentioned at 15335/15320 points, while above 15365 points a rise to 15472/15507 points is expected. If the DAX falls below 15365 points, consolidations up to 15187/15186 points could occur. The zones mentioned serve as potential price targets for the further course.
The analysis suggests that the DAX has a high probability of overcoming resistance and continuing to rise, with a best case scenario possible. A precise forecast for further developments is given with regard to possible price targets and resistance levels.
Market analysis highlights that despite the existing resistance and historically low volatility, the DAX could continue to rise, especially if the central cross resistance at 15365 points is broken. This could have an impact on the market by boosting investor confidence and triggering further price increases.
In summary, the analysis suggests bullish sentiment towards the DAX, with potential resistance levels and price targets identified to track the further development of the DAX.
Read the source article at stock3.com