CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
ActivTrades
News & Analysis
Market analysis

DAX stuck in range – will the breakout come?

Frank Sohlleder
June 23, 2026

Caught in an Endless Loop: Can the DAX Manage a Liberating Breakout?


The German leading index started the new trading week with a solid plus, but the longed-for liberating blow is still a long time coming! On Monday, the DAX closed with a respectable premium of 0.62% at 25,139.63 points. With this, the index is scratching the ceiling but remains firmly trapped in its tough and grueling trading range between 24,700 and 25,150 points. The all-important question on the Frankfurt trading floor now is: Is investor confidence finally sufficient to take a sustainable and courageous position on the buy side? So far, uncertainty rules, and the market is shying away from a clear commitment to a sustained rally.

Brenntag Shines at the Top—Is Infineon Now Targeting the 100-Euro Mark?


The reasons for this paralyzing reluctance are obvious: the German economy is noticeably sputtering, while the global geopolitical situation remains highly volatile. Daily twists, new threats, and vague hopes create a nervous underlying sentiment that can turn into sharp price swings at any time. On the individual stock floor, however, there were clear bright spots: Brenntag had a brilliant start to the week with a strong plus of 3.5%, sovereignly securing the top spot in the DAX. Right behind it, Infineon (+0.7%) is moving increasingly into focus. Driven by the unbroken AI boom, the semiconductor giant is purposefully targeting a new annual high—the magic 100-euro mark is moving within striking distance!

Hour of Truth: Will the Purchasing Managers Deliver the Fundamental Impulse Today?


From a charting perspective, the DAX remains caught in its moody zigzag pattern for the time being. Every short-term upward impulse is promptly followed by the next sell-off, making trading extremely demanding right now. But today, Tuesday, massive new momentum could enter the market! At exactly 09:30 a.m., investors will turn their captivated gaze to the highly important purchasing managers' indices. These leading indicators will ruthlessly reveal whether the German economy gives real cause for hope. If the numbers deliver the longed-for fundamental tailwind this morning, the tough ceiling at 25,150 points could finally be sustainably broken!

 

 

The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and as such is to be considered to be a marketing communication.

 

All information has been prepared by ActivTrades (“AT”). The information does not contain a record of AT’s prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information.

 

Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not a reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acting on the information provided does so at their own risk. Forecasts are not guarantees. Rates may change. Political risk is unpredictable. Central bank actions may vary. Platforms’ tools do not guarantee success.

ActivTrades x Nikola Tsolov
Nikola Tsolov's car