DAXEUR

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DAXEUR

The other day, US stock markets rallied after the US inflation data, while European stock markets followed a positive trend parallel to the US markets. While the DAXEUR index gained close to 1%, the statements of the FOMC members following the US inflation data today are among the titles to be followed for index movements along with the course of the European stock markets. When we examine the short-term pricing of the DAXEUR index technically, we are following the 18800 - 18900 region. As long as the index receives support from the relevant region supported by the 20-period exponential moving average, positive expectations are at the forefront. In increases, 19000 - 19100 levels can be targeted. In possible decreases, negative expectations can come to the fore with the index falling below the 18800 - 18900 region. In continuation of decreases, 18700 - 18600 levels can be followed as support. Support: 18700 – 18600 Resistance: 18900 – 19000