15:43 · 20 January 2022

DE30 tries to recover

The German benchmark index is testing an important resistance level. 

D1 chart

The DE30 recovers on Thursday and tests the horizontal trend line at 15,837 points. The mark dates back to the close on December 30 (local low) and has served alternately as support and resistance since then. A return above would significantly improve the technical picture.

Source: xStation5

H1 chart

In the short term, buyers have repelled sellers' attacks several times and may have initiated a new uptrend by yesterday's rise above the local high (red arrow). The DE30 had reacted to the 50% retracement (see circles) twice in the past two days and formed a large Bullish Engulfing.

Source: xStation5

Maximilian Wienke, CFTe
XTB Germany
 

17 June 2026, 19:32

BREAKING: USD extends gains to 1% after the FOMC Conference

17 June 2026, 19:27

BREAKING: EURUSD down 0.4% after the FOMC!

17 June 2026, 18:26

Daily Summary: Will the Fed shake the market?

17 June 2026, 16:43

Warsh to bring back lower rates?

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.