DAXEUR

We watched the stock market indices in Europe end July on an optimistic note. The main index DAXEUR completed the process with a positive performance of under 2 percent. We will follow the issue of whether global stock market indices will be able to rise from the ashes, leaving the losses they exhibited behind in the new month dynamics. After yesterday's Fed, today's agenda will include the Bank of England BoE interest rate decision and President Bailey's speech, and tomorrow's Non-Farm Employment, Average Hourly Earnings and Unemployment Rate data. In addition, as in the US, it is important to follow company financial results on the European front. When we evaluate technically, as long as the 21 (18374) period exponential moving average currently supports the 18440 level, the positive trend may continue. If the upward demand continues, a movement area may form towards the 18610 and 18690 levels. Support Levels are the 18440 - 18390 range. Support: 18440 – 18390 Resistance: 18610 – 18690