DAXEUR

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DAXEUR

The DAXEUR pair is under the influence of the negative performance seen in global stock indices. Declines in Asian and U.S. markets are also putting pressure on indices in Europe. The approximately 1.50% decrease in Germany's DAX 40 index creates a market environment that's reaching a decision point. Global economic uncertainties and regional concerns may reduce investors' risk appetite, which could increase the selling pressure on DAXEUR.

From a technical analysis perspective, DAXEUR is moving on the 4-hour chart. The pair is testing 19195, 19275, and 19350 levels as resistance, while downward movements are monitored at support levels of 18995, 18885, and 18780. The RSI indicator is at the 45 level, showing a negative outlook, indicating a slightly bearish market trend. Compared to the previous day, there's a slight decrease of -0.02%. In this situation, careful monitoring of the support and resistance levels might be important.

Support :

18995 - 18885 - 18780

Resistance :

19195 - 19275 - 19350