DAXEUR

For DAX INDEX Despite the mixed course in European stock markets the day before, the DAX40 index managed to end the session with limited positivity. The DAX40 index futures contract started the day when the US inflation data will be announced at 16720. While preparing the analysis, the index, which is trading with buyers close to 16790, can be followed with the US inflation data and the course of European stock markets during the day. As long as the DAXEUR index is trading above the 16726 - 16800 region with support from the 34-period average, positive expectations are at the forefront. In increases, increases towards 16800 - 16940 levels can be observed. In possible decreases, it can be expected that the index will be trading below the 16726 support and that selling pressure will increase. In this case, the 16600 level can be followed as support. It will continue to remain positive above the 16726 - 16800 region. Support: 16600 – 16510 Resistance: 16800 – 16940