DE 40 forecast: the index trades sideways

The DE 40 stock index is trading near the upper boundary of its sideways channel. A breakout could extend the uptrend. The DE 40 forecast for today is positive.

DE 40 forecast: key takeaways

• Recent data: Germany’s GDP grew by 0.2% in Q2 2026
• Market impact: the data creates a moderately positive backdrop for the German stock market

DE 40 fundamental analysis

Germany’s GDP growth of 0.2% in Q2 2026 compared to the previous quarter is a moderately positive signal for the DE 40 index. The figure exceeded the market forecast of 0.1%, indicating that Europe’s largest economy is more resilient than market participants had expected. However, growth slowed from the first quarter, when GDP increased by 0.3%. The data therefore confirms continued economic growth, but does not yet indicate that Germany has entered a strong and sustainable recovery.

This combination of data is broadly favourable for the DE 40 index. The better-than-expected result reduces concerns that the German economy could return to contraction and may support expectations of improved corporate earnings in the second half of the year. Stronger economic activity typically contributes to higher order volumes, greater capacity utilisation, increased investment, and a gradual recovery in consumer demand. Therefore, the market’s initial reaction to the release may be positive.

DE 40 technical analysis

After reaching a new all-time high, the DE 40 index entered a corrective decline, with the nearest resistance level at 25,925.0 and the main support at 24,570.0. Despite the fall, the medium-term uptrend remains intact. A confident breakout and consolidation below the key support level could indicate a possible change in the current direction. The next potential upside target could be 26,530.0.

The DE 40 price forecast outlines the following scenarios:

• Pessimistic DE 40 scenario: a breakout below the 24,570.0 support level could send the index down to 24,035.0
• Optimistic DE 40 scenario: a breakout above the 25,925.0 resistance level could push the index up to 26,530.0

Summary

Overall, the data is moderately positive for the DE 40 and the German stock market. It reduces the likelihood of the economy returning to contraction and supports expectations of a gradual improvement in corporate earnings. The industrial, financial, technology, and, to some extent, automotive sectors could potentially benefit the most. However, quarterly growth remains weak, while the slowdown from 0.3% to 0.2% shows that the economic recovery is not yet sufficiently strong. The release may therefore support the index in the short term. The nearest upside target remains 26,530.0.

Open Account

Editors’ picks

EURUSD forecast 2026–2027: technical analysis, price levels & predictions

EURUSD has pulled back from the 2026 high of 1.1915 and is now trading near 1.1450 — below both EMA65 and EMA200 — with the active scenario shifting from bullish to bearish. The ECB raised rates to 2.40%, but the Fed holds at 3.75%, and US inflation (3.5%) continues to outpace the eurozone (2.8%). A confirmed break below 1.1280 opens the next downward wave toward 1.1080. We break down the key levels, three trading scenarios with entry triggers, and what Deutsche Bank, Morgan Stanley and UBS are forecasting for EURUSD in 2026.

Gold (XAUUSD) forecast 2026: predictions based on fundamental and technical analysis

Gold has corrected over 25% from its all-time high of 5,597 USD and is now trading near 4,100 USD — testing a critical support zone. Is this the bottom, or will the downtrend continue? We break down the key levels (support 3,920 USD, breakout trigger 4,500 USD), three trading scenarios with entry levels, and what J.P. Morgan, Goldman Sachs and Deutsche Bank are forecasting for gold in 2026.