DAXEUR

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DAXEUR

We are on the most important day of the week. On the one hand, the question mark of the coalition regarding the economic decisions taken after the French elections and the consecutive warnings from credit rating agencies, and on the other hand, the cautious statements of Fed Chairman Powell regarding the interest rate cut occupy our agenda. Today, in terms of news, especially the US CPI data is being followed in terms of the course of the indexes before the closing, and the psychology of political tension will be followed carefully after the European session opens. When we evaluate technically, as long as the 21 (18274) period exponential moving average currently supports the 18360 level, the positive trend may continue. If the upward demand continues, a movement area may be formed towards the 18490 and 18550 levels. Support Levels are the 18360 – 18280 range. Support: 18360 – 18280 Resistance: 18490 – 18550