DAXEUR

DAX INDEX The DAXEUR index futures contract, which started the last week of the year with an increase after the Christmas holiday, opened the day at 16730. While the analysis was being prepared, the index, which was traded at 16795, will generally have a calm data flow, and the course of the US and European stock markets can be followed in the week. The DAXEUR index is supported by the 34-period average and positive expectations are at the forefront over the 16726 - 16890 region. In increases, 16890 - 16980 levels can be monitored as resistance. With the breakdown of the 16980 psychological resistance, 17100 - 17200 levels can be targeted. In the alternative scenario, a downward trend can come to the fore with the index remaining below the 16890 support. In possible pullbacks, 16726 - 16600 levels can be monitored as support. Support: 16726 - 16600 Resistance: 16890 - 16980