DAXEUR

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DAXEUR

Although we are starting a new week with a buzz, it should not be forgotten that the main focus of the markets is the Fed Interest Rate Decision in the middle of the week, FOMC Economic Projections and Fed Chair Powell's speech. Although there is no high-level news on the calendar today, the news flow we will follow specifically for Europe after the European Parliament elections may be important on today's agenda. When we examine it as such, we are following the 18500 - 18600 region. 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. As long as the index moves below the relevant region, negative expectations are at the forefront. In declines, 18400 - 18300 can be followed as support. In increases, 18600 - 18700 levels can be followed as resistance points. Support: 18400 - 18300 Resistance: 18600 - 18700