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The US Tech is attempting to end a three-day losing streak, with the price currently at 29,279.

US Tech forecast: key takeaways

• Expectations for Federal Reserve rate cuts are being reassessed, increasing risks for the technology sector
• High oil prices are intensifying inflation risks, which could limit the Federal Reserve’s room to ease monetary policy

US Tech fundamental analysis

The US Tech index is attempting to recover after declining for three consecutive trading sessions. The price has almost reached the key support level at 29,000 and is attempting to recoup yesterday’s losses. Pressure on the technology sector increased after US government bond yields rose and stronger-than-expected wholesale price data was released. Despite the current rebound, the overall trend remains vulnerable as expectations for Federal Reserve monetary policy are being reassessed.

The primary driver of the previous session’s sell-off was an acceleration in the annual growth rate of the US Producer Price Index (PPI) to 5.4% in August. Higher producer prices fuelled concerns about persistent inflation and reduced investor confidence in near-term monetary policy easing. As a result, US Treasury yields rose, placing additional pressure on highly valued technology stocks.

The situation in the Middle East remains an additional source of inflation risks. Tensions surrounding Iran and restrictions on shipping through the Strait of Hormuz triggered another surge in energy prices, with Brent holding above 104 USD per barrel. Persistently high oil prices could add to inflationary pressure and limit the scope for Federal Reserve rate cuts, which remains one of the main risks to a further US Tech recovery.

US Tech technical analysis

The US Tech index is testing the upper boundary of the descending channel while remaining below the EMA-65, indicating persistent selling pressure. However, today’s US Tech forecast suggests that growth could resume if the channel’s upper boundary is broken, with a potential target at 30,205 USD.

The technical picture is gradually improving in favour of buyers. The Stochastic Oscillator has formed a bullish crossover and rebounded from the ascending trendline, increasing the likelihood of an upward move in the near term. A confident breakout above the resistance level and a consolidation above 29,445 would provide an additional bullish signal. This would confirm the strength of the current momentum, increasing the likelihood of reaching the target level.

However, the risk of an alternative scenario remains if selling pressure intensifies. A breakout below the lower boundary of the current consolidation, with the price settling below 28,825, would indicate a renewed downward move. In this case, the likelihood of a deeper correction would increase significantly, putting the bullish scenario at risk.

US Tech trading scenario for today

Trading scenario (Buy Stop)

A consolidation above the upper boundary of the descending channel, with a breakout above 29,445, would confirm the US Tech upside scenario.

• Current price: 29,279
• Entry level: 29,445
• Stop loss: 28,825
• Take profit: 30,205
• Risk-to-reward ratio: 1:3

The trade idea is valid until 8:00 AM on 14 September 2026 (server time, UTC+3).

Risk factors

The upside scenario remains vulnerable as the price holds below the EMA-65 and inflation risks remain elevated amid high oil prices. A breakout below the 28,825 support level would increase selling pressure and raise the likelihood of a renewed decline.

Summary

Amid persistent inflation risks and pressure from government bond yields, the US Tech remains vulnerable. However, a breakout above the 29,445 resistance level and the upper boundary of the descending channel would confirm an upward move towards the 30,205 target.

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The DE 40 resumed its decline after reaching a new all-time high. The index may continue to fall amid a negative fundamental backdrop. Discover more in our analysis for 7 September 2026.

DE 40 forecast: key takeaways

• The DE 40 index has continued to decline since the end of last week
• The CPI rose by 0.2% in August, while the market expected a 0.3% increase, compared to a 0.8% rise in July
• DE 40 forecast for 7 September 2026: 25,800 or 26,630

DE 40 fundamental analysis

The DE 40 index entered a downtrend after a correction reversed the previous trend. The German index may move into a short-term sideways channel.

Germany’s consumer inflation data for August 2026 provides a mixed but moderately positive signal for the DE 40 index. Monthly price growth was weaker than expected and slowed significantly compared to the previous period. This is typically a positive factor for the stock market, as it reduces concerns about the need for the ECB to maintain tighter monetary policy for longer.

The DE 40 outlook is cautiously negative.

DE 40 technical analysis

The DE 40 D1 chart shows a downtrend. Following a minor correction at the end of last week, the decline is highly likely to continue. However, downward momentum is weakening, so quotes may enter a sideways channel.

The nearest resistance level is located at 26,630; a breakout would open the way towards 27,080. The support level lies at 25,800, and if this level is broken, the price could fall to 25,270. As long as the DE 40 holds above support, a sideways trend remains possible. A trend reversal could only be considered after a decisive breakout above the resistance level.

The baseline scenario remains a continued decline, but with limited targets.

DE 40 trading scenario for today

Trading scenario (Sell Stop)

A consolidation below the 25,800 support level would confirm continued downward momentum and create conditions for a further decline in the DE 40.

• Current price: 26,019
• Entry level: 25,770
• Take profit: 25,270
• Stop loss: 25,870
• Risk-to-reward ratio: approximately 1:5

The trade idea is valid until 8:00 AM (server time, UTC+3) on 14 September 2026.

Risk factors

The main risk factors for the DE 40 upside scenario remain persistently elevated inflation in the eurozone and a tighter-than-expected ECB stance, which could lead to higher bond yields and reduce the appeal of stocks. A further rise in energy prices could add to pressure, as it increases costs for German industrial and chemical companies while also sustaining inflation. The weakness of Germany’s domestic economy also remains a negative factor.

Summary

The DE 40 index corrected before resuming its decline. Germany’s inflation data provide a mildly positive backdrop but have not yet been reflected in quotes. The DE 40 forecast for today, 7 September 2026, does not rule out sideways movement between the current resistance and support levels. However, a further decline towards 25,270 is more likely.

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