DAXEUR

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DAXEUR

The European stock markets managed to maintain their upward gains in the past day. Today, markets will focus on the Fed interest rate decision and Chairman Powell's speech, while German inflation will be monitored before the decision. Inflation, which rose again in December, is expected to be suppressed in January. As long as the DAXEUR index continues to move above the 16900 - 17000 region with support from the 34-period average, positive expectations are at the forefront. In the continuation of the rise, the 17100 - 17200 level can be monitored as resistance. In possible declines, the index can be expected to be suppressed around the 17100 resistance and close below the 16900 - 17000 region for negative expectations. In this case, pullbacks towards the 16800 - 16726 levels can be monitored. Support: 16800 - 16726 Resistance: 17100 - 17200