DAXEUR

DAXEUR experienced a divergence in pricing performance among European indices with the negative outlook in Europe's economic activity and political tension from the past week. It is focused on recovering losses with a positive start to the new week. Inflation data from the US and speeches by central bank presidents may be decisive for the markets. Data such as employment and wage figures from the UK, as well as the Germany ZEW Economic Sentiment from the Eurozone, will also be closely monitored.

Technically, DAXEUR is attempting to move towards resistance levels by overcoming the 19350 – 19435 region. The resistance levels of 19530, 19630, and 19720 can be observed in upward movements. On the support side, the levels of 19350, 19275, and 19195 are important. The RSI indicator for DAXEUR is at level 54 and shows a neutral outlook. The index has shown a 0.63% decline compared to the previous day. If it maintains its course above average levels, the upward tendency may strengthen. However, if it falls below these levels, lower levels may come into focus again.