DAXEUR

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DAXEUR

This week, a pricing reaction was observed for global stock market indices where negative performances were effective. Although the Netherlands (0.05%) in Europe, DJ30 (1.68%) and Russel200 (2.16%) in the US, and Shanghai (0.11%) in China continued their course in the positive region, we can say that the general perception of this week's index was negative. While the Euro Stoxx was the most suppressed with a 3.50 percent loss, the main index DAXEUR increased its losses to over 2 percent. In an environment where losses approached 3 percent on a weekly basis on the technology index Nasdaq in the US and the Nikkei in Asia, it allows us to see that a general pressure on global indices is drawing attention. When we evaluate technically, as long as the 21 (18174) period exponential moving average currently supports the 18290 level, the positive trend can continue. If the upward trend continues, a movement area towards the levels of 18420 and 18510 may occur. Support Levels are the range of 18290 - 18210. Support: 18290 - 18210 Resistance: 18420 - 18510