DAXEUR

The DAXEUR index, which had a negative performance last week, managed to complete the last month with an increase. While the market expects the bank to make a 25 basis point cut in the ECB interest rate decision to be announced this week, clues will be sought for the bank's next roadmap in President Lagarde's statements after the decision. When we examine the short-term pricing of the DAXEUR index technically, we are following the 18600 - 18700 region. The pricing of the index outside the region will be monitored. For positive expectations, it can be expected that the index will move above the relevant region supported by the 20 -89 period exponential moving average. In increases, 18800 - 18900 levels can be targeted. As long as the index moves below the relevant region, negative expectations may come to the fore. In decreases, 18500 - 18400 can be monitored as support. Support: 18500 - 18400 Resistance: 18700 - 18800