DAXEUR

The DAXEUR lost 0.11% of its value the day before. The ECB interest rate decision to be announced this week does not expect the bank to change interest rates. Lagarde's statements after the decision will be closely monitored for the DAXEUR index movements, which managed to complete the week in the positive region. When we examine the short-term chart of the DAXEUR index technically, we are monitoring the 17600 -17700 region with support from the 20-period exponential moving average. As long as the index moves above the relevant region, positive expectations are at the forefront. In increases, increases towards 17800 and then 17900 may be seen. In the alternative scenario, in possible suppression around the 17800 resistance, it is expected that the index will fall below the 17600 level for negative expectations, and the pullbacks will accelerate. In this case, declines towards 17400 with support from the 89-period average can be monitored in the downward direction. Support: 17600 – 17500 Resistance: 17800 – 17900