DAXEUR

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DAXEUR

Following the decline in headline consumer inflation data in the Eurozone to 2.4% on an annual basis, the DAXEUR index has recovered somewhat with the downward movements in the German ten-year treasury yields. Today, unemployment benefit applications and speeches by FOMC members Barkin and Mester will be monitored. When we examine the short-term pricing of the DAXEUR index technically, we are monitoring the 18300 - 18400 region. The pricing of the index outside the region will be monitored, and in possible recoveries, positive expectations may come to the fore again with a persistence above the 18400 level. In increases, the 18500 - 18600 levels can be monitored as resistance. Alternatively, for negative expectations, the index can be expected to fall below the 18300 level. In decreases, the 18200 - 18100 levels can be monitored as support. Support: 18200 - 18100 Resistance: 18400 - 18500