TL;DR
Bearish bias below 1.07910
DAX underperforms (-0.70%) amid EU auto tariff concerns
S&P 500 stagnation limiting EUR volatility
Key Levels
Resistance: 1.07810-1.07910 (critical for intraday bias)
Invalidation: Above 1.08110
Technical Setup
DAX shows decoupling potential from S&P 500
Watch for:
• DAX recovery → EUR upside risk
• S&P 500 breakdown → Accelerated EUR selling
Risks
Delayed EU tariff response may trigger DAX volatility
For full correlation analysis and entry triggers, Google "Evgenii’s Substack"
Bearish bias below 1.07910
DAX underperforms (-0.70%) amid EU auto tariff concerns
S&P 500 stagnation limiting EUR volatility
Key Levels
Resistance: 1.07810-1.07910 (critical for intraday bias)
Invalidation: Above 1.08110
Technical Setup
DAX shows decoupling potential from S&P 500
Watch for:
• DAX recovery → EUR upside risk
• S&P 500 breakdown → Accelerated EUR selling
Risks
Delayed EU tariff response may trigger DAX volatility
For full correlation analysis and entry triggers, Google "Evgenii’s Substack"
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.