DAXEUR

As global markets focus on growth, inflation, and central bank decisions in the new week, the DAXEUR pair may also be affected by these developments. Particularly, the CPI data from the US and the ECB's interest rate decision along with President Lagarde's statements in Europe will play a crucial role. Expectations regarding the Fed's interest rate cuts and the discussions surrounding the ECB's interest policy will influence the direction of the markets. It remains a question how the weak outlook in Asian markets and the trend of US bond yields will affect European indices.

From a technical perspective, the DAX40 index is showing a weak response above the 20,095 support region while monitoring resistance levels at 20,425 and 20,550 in upward movements. Persistent movements above the 20,460 region could push the upward trend towards the 20,660 Fibonacci area. The RSI indicator is slightly neutral, with the index showing a 0.02% change on a daily basis. Should a downward movement begin, the 20,300 and 20,185 regions may provide support. It should be noted that the index maintains a positive trend above the 55 and 89-period averages.