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The DAX\u2019s trajectory hinges on the US Jobs Report and central bank guidance.<\/p>\n
Beyond the data, investors should track US-China and EU trade developments, which will be crucial for risk sentiment. A de-escalation in trade tensions could fuel demand for risk assets, while an escalation may drag the DAX lower.<\/p>\n
As of Friday morning, US futures pointed to a testy session, with the Nasdaq 100 mini dropping 18 points.<\/p>\n
After Thursday\u2019s 1.47% rally, the DAX remains well above the 50-day and 200-day Exponential Moving Averages (EMAs<\/a>), affirming bullish price signals.<\/p>\n If the DAX breaks above Thursday\u2019s record high of 21,921, the Index could move through the 22,000 threshold. A breakout from 22,000 could enable the bulls to target 22,350.<\/p>\n Conversely, a DAX drop below 21,750 may bring 21,500 into play. A break below 21,500 could signal a fall toward 21,000.<\/p>\n With the 14-day Relative Strength Index (RSI) at 74.37, the DAX remains in overbought territory (RSI higher than 70). Selling pressure may intensify if the DAX approaches the resistance level of 21,921.<\/p>\n