During the previous trading session, the positive dynamics of the DAX 40 movement were seen. On a longer time-frame, the upward price movement vector also prevails.
The support and resistance levels:
The closest support to the price is at the 25270.46 mark.
This level is formed due to the appearance of the Pin Bar pattern. This pattern is represented with a candle with a small real body and a long lower shadow. This pattern is quite common at strong support levels.
The nearest resistance level is at the level of the 25392.42.
This level was formed by the Evening Star pattern. This pattern consists of three Japanese candlesticks: the first candle has a long white real body, the second candle is a doji with a small real body, and the third candle has a long black real body. The third candle opens below the close of the second candle and closes below the first candle.
Trading recommendations:
The price movement dynamics for a longer period of time as well as the latest signals on the chart indicate the long positions opening intraday. The entry points can be considered from the nearest support levels.
DAX 40 H1: The Price Action Forecast for the American Session on 16.1.2026
