DAXEUR

The DAXEUR index closed the day positively by 0.29%, while the DAXEUR index futures contract made a significant gain on the new day, opening at 17223. Germany, Eurozone and US PMI data and ECB meeting minutes are among the titles to be followed in terms of the economic calendar for the DAXEUR futures contract today. When we examine the short-term chart of the DAXEUR index technically, we are following the 17070 - 17150 region with support from the 20-period exponential moving average. For positive expectations, the index can be expected to close above the 17300 resistance. In increases, increases towards the 17400 level can be seen by exceeding the 17300 level. In the alternative scenario, in case of possible suppression under the 17300 resistance, the 17100 level of the index and the 200-period average (16900) levels can be followed as support for negative expectations. Support: 17100 – 16900 Resistance: 17300 – 17400