DAXEUR

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DAXEUR

The day before, European stock exchanges were closed due to World Workers' Day, and the Fed did not push interest rates to change the day after, and the DAXEUR futures contract was negative among the titles to be followed for index movements. OMI data belonging to Eurozone countries can be followed for index movements during the day. When we examine the short-term pricing of the DAXEUR index technically, we are following the 17900 - 18000 region. As long as it is below the relevant region for the index, negative expectations are at the forefront. In the continuation of the pullbacks, the 17800 - 17700 levels can be followed as support. As long as the 89-period exponential moving average (18000) works as support in possible recoveries, the 18100 - 18200 levels can be targeted. In the possible suppression below the 18200 level, which worked as resistance in previous pricings, sags towards the 17900 support can be followed. Support: 17800 – 17700 Resistance: 18100 – 18200