Technical Analysis

Dax Short Term Forecast Update And Follow Up

Hi Traders! Dax short term forecast follow up and update is here. On April 9th, 2026 I shared this “Forex Market Analysis & Day Trading Opportunity | Dax | 9 April 2026” post in our blog. In this post, let’s do a recap of this setup and see how it has developed now. If you would like to learn more about the way we trade and the technical analysis we use then check out the Home Trader ClubSpoiler alert – free memberships are available!

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My Idea

On the H1 chart, we have a strong bullish momentum and also currently it looks like a correction is happening. So everything looks good for the bulls here as well. In addition to this, we have three key support zones that has formed based on the volume profile zones of the KTLI indicator and the Triple B Pro pivot levels. Until these three key support zones shown in the image below (marked in red) holds my short term view remains bullish here and I expect the price to move higher further after retraces.

 

 

 

Dax H4(4 Hours) Chart Current Scenario

In Dax, based on my technical analysis I mentioned that “Until the three key support zones shown in the image below holds my short term view remains bullish here and I expect the price to move higher further after pullbacks”. The price action followed my analysis exactly as I expected it to here. The price which was moving lower reached the first key support zone, respected it and then moved higher from this zone. The price then moved higher further and delivered a nice move to the upside!

 

 

On the H1 chart, the market provided us with various facts supporting the bullish view. The price which was moving lower created a bullish divergence between the first low that has formed at 23860.6 and the second low that has formed at 23597.4 based on the MACD indicator. The price then moved higher and broke above the most recent downtrend line, we may consider these as facts provided by the market supporting the bullish view. Then as you can see in the image below how the price moved higher after that and provided a nice move to the upside!

 

 

As traders we always have two choices, the first one is to fall in love with our analysis and try to convince the market and expect the price to move in the direction as per our wish. The second one is to follow the facts that the market provides us and make the right actions according to that. As you know the first option won’t help us and as you can see in the example above what happened when we followed the facts that the market hinted to us and took the right action according to that.

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If you have any further questions, don’t hesitate to drop a comment below!

 

Happy Trading!

Arvinth Akash
Home Trader Club Team.

Arvinth Akash

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