DAXEUR

Contrary to the optimistic start in the US, a mixed picture is observed in Europe. In a setting where Spain, the UK, and France show positive performance, while Italy, the Netherlands, and Germany exhibit a negative trend, the DAX 40 index is trading slightly below its breakeven point with a 0.11% decline. The general uncertainty in European markets, especially with increasing pressures in Italy, is also felt on the DAX 40. This situation indicates that new surges in the market have not yet been confirmed.

From a technical perspective, the DAX 40 is trying to maintain its stability above the support zone of 18995 - 19090. However, establishing sustained movements above the 19350 resistance level seems challenging for confirming the upward trend. The RSI indicator is at level 68, showing a positive trend. In this framework, the levels of 19350, 19435, and 19530 can be monitored as resistance, while in downward movements, 19275, 19195, and 19090 levels are positioned as supports. The index has recorded an increase of 0.36%, indicating a slight recovery trend for now.