The short-term recovery is faltering.
W1 chart
The DAX / DE30 is retreating from the weekly high (14,227 points) and slipping into negative territory for today's trading session. On Tuesday, the index had turned before the EMA21 and started a recovery - however, this seems to be losing momentum.
Source: xStation5
H4 chart
The DAX / DE30 is falling and testing an important support - the local low at 14,116 points. A break below this could indicate further losses. However, the bears also need to get past the EMA21 - the moving average would be the last hope.
Source: xStation5
Maximilian Wienke, CFTe
XTB Germany
Morning Wrap: USA Halts Strikes – Oil Down, Stocks Up (03.08.2026)
Daily Summary: Wall Street Regains Ground; Another Intervention in the Yen Market❓
Three Markets to Watch Next Week (July 31, 2026)
Market Wrap: European equities at 3-week highs! Apple dips in US premarket!