DAXEUR

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DAXEUR

As we complete July as of the new week, a very busy calendar awaits us for global markets. If we open a separate heading on the financials front, in the new week dynamics, 171 companies in the SP500 index and 15 companies in the DAXEUR index will announce their results. When we look at companies in Europe, in addition to popular companies such as Adidas, HSBC, BMW, the results of companies such as Daimler (47%) and Volkswagen (42%), which are among the highest expected returns in 12-month analyst expectations, can be followed. When we evaluate technically, as long as the 21 (18274) period exponential moving average currently supports the 18380 level, the positive trend may continue. If the upward demand continues, a movement area may form towards the 18550 and 18610 levels. Support Levels are the 18380 - 18290 range. Support: 18380 – 18290 Resistance: 18550 – 18610