DAX, CAC and FTSE Forecasts – European Area Indices Hesitate but Show Signs of Dip Buying

European indices showed tentative dip-buying on Apr 23, 2026 as the DAX, CAC and FTSE each reacted to technical support and rate-driven moves. The DAX rebounded off its 200‑day EMA and is testing resistance near 24,000 — a break above would confirm a recovery while a drop below the 50‑day EMA would be bearish. The CAC is bouncing from ~8,000 with the 200‑day EMA around 8,068; resistance sits near 8,200 with 8,350 as an upside target. The FTSE is consolidating around 10,500 on the 50‑day EMA and is the analyst’s least preferred of the three, though still a buy‑on‑dip candidate if it can clear 10,500. Overall the piece is technical in nature: it signals cautious optimism for DAX and CAC, conditional on key moving‑average support holding, and a more guarded view on the FTSE given BOE rate expectations and a stronger pound.