DAXEUR

European indices continue to perform negatively ahead of the ECB Interest Rate Decision and President Lagarde's speech. As we approach the middle of the week, the one that feels the most pressure among the indices is Euro Stoxx with a loss of nearly 2 percent, while the losses in the DAXEUR index have exceeded 1 percent. However, when we look at the European region indices on a monthly basis, it should not be ignored that they continue to move in the positive region despite this week's negative performance. When we evaluate technically, as long as the 21 (18374) period exponential moving average currently supports the 18490 level, the positive trend may continue. If the upward demand continues, a movement area may form towards the 18680 and 18750 levels. Support Levels are the 18490 - 18380 range. Support: 18490 - 18380 Resistance: 18680 - 18750