DAXEUR

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DAXEUR

While the European stock markets, which were positive the other day, are expecting 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 technically examine the short-term pricing of the DAXEUR index, we are following the 18500 - 18600 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, 18700 - 18800 levels can be targeted. As long as the index moves below the relevant region, negative expectations may come to the fore. In decreases, 18400 - 18300 can be monitored as support. Support: 18400 - 18300 Resistance: 18700 - 18800