ONTRADE Forex

Dax Forecast: DAX Rallies During Tuesday Session – 01 October 2025

Dax Forecast: DAX Rallies During Tuesday Session – 01 October 2025
The German index has rallied a bit during the trading session on Tuesday as the markets continue to hover around the 50 day EMA. The 24,000 euro level just above is a bit of a large round psychologically significant figure and a barrier. So, with that being the case, I think if we can get above 24,000 euros, that lets the market go much higher, perhaps to the 24,500 euro uh level. That is the top of the overall range. And therefore, I think you need to pay close attention to whether or not we explode to the upside because if we do, that’s where we’re going. The market also is worth looking at through the prism of dips being opportunities to buy cheap contracts. When you look at the longer term move, the DAX has been rallying for quite some time.

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