DAXEUR

The day before, European stock markets were negative, parallel to US stock markets, while the DAXEUR index ended the day in the 0.4% negative region. Eurozone inflation will be monitored today. Leading data is expected to indicate a slight decline in both headline and core inflation in January. We are monitoring the 16800 -16900 region with support from the DAXEUR index 34-period average. As long as the index is below the relevant region, negative expectations are at the forefront. In the continuation of the pressure under the 16900 resistance, the 16700 - 16600 levels can be monitored as support. For positive expectations, the index can be expected to remain above the 16900 resistance. In this case, the 17000 level can be targeted upwards. Support: 16700 - 16600 Resistance: 16900 - 17000