DAXEUR

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DAXEUR

The DAXEUR index, which had a horizontal negative trend last week, ended the week with a 0.18% decrease. This week, German and Eurozone PMI data, US PMI and FOMC meeting minutes are among the topics to be followed for the course of European stock markets. When we examine the short-term pricing of the DAXEUR index technically, we are following the 18600 - 18700 region. As long as the index receives support from the relevant region, which is also supported by the 20-period exponential moving average, positive expectations are at the forefront. In increases, 18800 - 18900 levels can be targeted. In possible decreases, negative expectations can come to the fore with the index falling below the 18600 - 18700 region. In the continuation of decreases, 18500 - 18400 levels can be followed as support. Support: 18600 - 18500 Resistance: 18800 - 18900