The FTSE 100 is showing short-term strength as it recovers from a low of 7,995, approaching resistance at the 55- and 200-day SMAs between 8,208 and 8,212, with support around 8,159. Meanwhile, the DAX 40 is bouncing back from a low of 19,748, targeting resistance near the psychological 20,000 level and the late December high of 20,024, while support is identified between 19,683 and 19,643.