DAXEUR

The DAXEUR pair is following the general downward trend in global stock indices. Losses in indices especially in Asia and the US are putting pressure on European markets. Germany's main index, the DAX40, is down nearly 1.50% under this pressure. While global economic uncertainties and signs of economic stagnation in Europe are affecting the index, investors are focusing their attention on the elections in Japan and US economic data.

Technically, the DAXEUR pair is trying to stay above the 19465 support level. In upward movements on the chart, the levels of 19540, 19630, and 19720 can be monitored as resistance. The RSI indicator is around the 50 levels and shows a neutral trend. In intraday movements, the pair has seen a decrease of 0.40%. If it remains below the 19465 level, 19350 and 19275 levels can be followed as new support areas.