DAXEUR

In the long-term upward trend that was established in the German Stock Index (DAXEUR), a technical correction phase is evident following the disruption that led to significant sell-offs. For today, a reference level at 19,446 serves as the resistance point, below which prices are expected to remain horizontal with a tendency towards selling pressure. In intraday trading, the resistance levels are set between 19,198 and 19,330, while the support levels are identified between 19,100 and 18,968. It is anticipated that due to the Federal Reserve's interest rate reduction process, the downward trend in the indices will not be prolonged.