DAXEUR

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DAXEUR

We are in the middle of the week and there is a mixed picture in Europe. While the main indices (DAXEUR and FTSE100) are performing negatively, we will continue to follow the financial results to see if they will support the medium-term optimism in the indices at a time when corporate financials continue to be announced in both Europe and the US. While all eyes are on Fed Chair Powell's statements after the BoJ decision today, CPI from the Eurozone, ADP Private Sector Employment from the US and Pending Home Sales can be explained as other developments to follow before the Fed. When we evaluate technically, as long as the 21 (18374) period exponential moving average currently supports 18480, the positive trend may continue. If the upward demand continues, a movement area may form towards 18650 and 18710 levels. Support Levels are between 18480 - 18390. Support: 18480 – 18390 Resistance: 18450 – 18510