DAXEUR

DAXEUR

For the DAXEUR index, the positive outlook was also dominant in European indices in parallel with the premium trend in US indices the day we left behind. Today, in the economic calendar, US retail sales, Christine Lagarde speech, Atlanta Fed President Raphael Bostic and Fed President Christopher Waller speeches will be among the headlines to follow. When we technically examine the short-term chart of the DAXEUR index, we are following the 17000 - 17100 region with support from the 20 - 89 period exponential moving average. For positive expectations in the index, it may be necessary to follow a persistence above the 17100 level. In the alternative scenario, for negative expectations, it is expected that the declines will accelerate with the index falling below the 17000 support. In this case, the 16900 level and then the 200-period average (16800) levels can be followed as support. Support: 16900 - 16800 Resistance: 17100 - 17200