DAXEUR

While the increase in German ten-year bond yields is suppressing the DAXEUR index, this week, the US central bank's interest rate decision, as well as Euro zone PMI data, are among the topics to be followed due to their impact on index movements. When we examine the short-term chart of the DAXEUR index technically, we are following the 17900 - 18000 region with support from the 20-period exponential moving average. The movements of the index outside the region will be monitored, and a closing above the 18000 resistance may be necessary for positive expectations. In recoveries, increases towards the 18100 level and then 18200 level can be seen. If the index is suppressed below the 18000 resistance and cannot receive support from the 17800 level, negative expectations may come to the fore. In this case, declines towards the 17700 level with support from the 89-period average can be followed in the downward direction. Support: 17800 - 17700 Resistance: 18000 - 18100