DAXEUR

A generally negative trend prevails in global stock indices this week. Selling pressures are observed in many major economic regions from Asia to Europe. Losses in Japan's stock markets have exceeded 2%, while the Russel 2000 index in the U.S. is showing a similar decline. On the European front, the pressure on Germany's main index DAX 40 has approached 1.50%, bringing the index to a decision stage. This uncertainty in global markets is prompting investors to be cautious and may play a significant role in the future course of the index.

The DAX 40 index is moving in the 19450 – 19535 range, where the 55 and 89-period moving averages are located. If it can stay above these levels, the continuation of the positive trend and a movement towards the 19800 resistance level can be expected. If the downward pressure continues, the possibility of the index retreating to the 18995 – 19090 support area may arise. The RSI indicator is at 56.5, exhibiting a slightly negative outlook. In technical analysis, these levels followed by the index and the trend of the RSI indicator carry important signals for investors.