DAXEUR

For DAXEUR The previous day, the DAXEUR index gained 0.6% in premium due to the decline in German 10-year bond yields. The DAXEUR index futures contract, which opened the last trading day of the week at 17136, is trading with buyers near 17100 while preparing the analysis. When we examine the short-term chart of the DAXEUR index technically, we are following the 17000 - 17100 region with support from the 20 - 89 period exponential moving average. As long as the index is above the relevant region, positive expectations are at the forefront. With the 17200 level being exceeded, increases towards 17300 can be seen. In the alternative scenario, it can be expected that the index will fall below the 17000 support for negative expectations and the pullbacks will accelerate. In this case, the 16900 level and then the 200-period average (16800) levels can be followed as support. Support: 17000 – 16900 Resistance: 17200 – 17300