DAXEUR

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DAXEUR

We will be following the regional inflation to be announced today for European stock markets, which completed the previous day in positive territory. Market expectations are that inflation may increase from 2.4% to 2.5%, while core inflation may maintain its level of 2.7% in the same period. When we examine the short-term pricing of the DAXEUR index technically, we are following the 18500 - 18600 region. For positive expectations, the index may be expected to move above the relevant region supported by the 20-period exponential moving average. In increases, 18600 - 18700 levels can be targeted. In possible decreases, negative expectations may come to the fore with the index moving below the 18400 - 18300 region. In decreases, 18200 - 18100 can be followed as support. Support: 18400 - 18300 Resistance: 18600 - 18700