DAXEUR

While European stock markets were negative the day before, the DAXEUR index closed the day horizontally negative with a 0.25% decrease. During the day, the PMI data for Germany and the Eurozone, as well as the US PMI and the course of European stock markets are among the titles to be followed. When we examine the short-term pricing of the DAXEUR index technically, we are following the 18600 - 18700 region. As long as the index moves above the relevant region supported by the 20-period exponential moving average, positive expectations are at the forefront. In increases, 18800 - 18900 levels can be targeted. In possible decreases, negative expectations can come to the fore with the index moving below the 18600 - 18500 region. In decreases, 18400 - 18300 can be followed as support. Support: 18600 - 18500 Resistance: 18800 - 18900