DAXEUR

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DAXEUR

While European stock markets were at a premium the day before, the DAXEUR index completed the day with an increase of nearly 1%. The course of the US and European stock markets can be followed for the index. When we examine the short-term pricing of the DAXEUR index technically, we are following the 18600 - 18700 region. As long as the index receives support from the 20-period exponential moving average (18600), positive expectations are at the forefront. In increases, 18900 - 19000 levels can be targeted. In possible decreases, negative expectations can come to the fore with the index falling below the 18600 - 18700 region. In the continuation of decreases, 18500 - 18400 levels can be followed as support. Support: 18600 - 18500 Resistance: 18900 - 19000