DAX Index Forecast 2021 | A Bullish Run Towards DAX All Time High?

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Here is our video on DAX Index Forecast 2021. DAX Index today is trading in the red 0.2% lower from 15,282 opening price at 2pm UK time. The DAX Index is not too far from the all time high it recently marked on April 16th around 15,515.

The DAX Index forecast might be influenced by the outcome from FED’s two day policy meeting coming out later today. The market is expecting the central bank to keep its key lending rate close to zero and continue purchasing bonds. What might temper DAX Index trading is jitters about rising inflation and higher interest rates expectations.

The DAX Index chart shows the price is in a range of a symmetrical triangle on the 4 hour chart and a break above 15,300 will indicate another potential run towards all time high. If the price stays below the 15,300 resistance level, sellers will likely take advantage and push the index towards 15,000 psychological support.

Watch the full video for our take on the DAX index in 2021 and a deeper insight into what to expect in the weeks ahead from our DAX index prediction 2021. Drop us a line in the comments with your thoughts on the DAX index price. To be notified about the latest DAX Index forecast and news, subscribe to Capital.com, and click that notification bell.

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