During the previous trading session, the price of DAX 40 decreased, moving in the main trend direction on the higher time-frame.
The support and resistance levels:
The current support level is in the area of the 24869.03 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 current resistance level is at the 25351.06 mark.
Trading recommendations:
Despite the downward dynamics prevail on a higher time-frame, the long position should be prioritized intraday. The latest signal on the chart indicates the prevalence of the upward movement intraday.
DAX 40 H1: The Price Action Forecast for the American Session on 27.1.2026
