DAXEUR

With concerns over the upcoming ECB meeting and global recession fears dominating European stock markets, the DAX40 index is also impacted by the global sell-off. As uncertainty continues ahead of the U.S. jobs report and the ECB's monetary policy decision, markets are watching for short-term recovery attempts. On the 4-hour chart, the DAX40 finds support at 18560 and 18490, while resistance is observed at 18700 and 18760. The RSI indicator is at 41.42, signaling a slight upward trend. The index is trading at 18594.2, down by 0.08% from the previous day. Support:18560 - 18490 - 18420 Resistance:18700 - 18760 - 18825