DAXEUR

image

DAXEUR

European Stock Indices started the week with optimistic pricing. In a process where England and Spain showed the least positive performance, Euro Stoxx50 showed the best movement among the indices with an increase of nearly 1.50 percent. DAXEUR is in second place on the list with 1.30 percent. Technically speaking, as long as the 21 (18074) period exponential moving average currently supports the 18350 level, the positive trend may continue. If the upward demand continues, a movement area may form towards the 18520 and 18610 levels. Support Levels are the 18350 - 18270 range. Support: 18350 - 18270 Resistance: 18520 - 18610