DAXEUR

While European stock markets were flat and positive the other day, the DAXEUR index closed the day in positive territory with a 0.35% increase. Throughout the week, German and Eurozone PMI data, US PMI and FOMC meeting minutes are among the titles to be followed for the course of European stock markets. When we examine the short-term pricing of the DAXEUR index technically, we are following the 18700 - 18800 region. As long as the index receives support from the relevant region, which is also supported by the 20-period exponential moving average, 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 18700 - 18800 region. In the continuation of decreases, 18600 - 18500 levels can be followed as support. Support: 18600 - 18500 Resistance: 18800 - 18900