DAXEUR

The DAXEUR pair exhibited limited movements influenced by data flow from the United States during a period when European and U.S. markets were largely closed due to the Christmas holiday. While Asian markets showed a recovery trend post-holiday and economic stimulus news from China created a positive atmosphere in global markets, trading volumes remained low due to most European markets being closed for the holiday. This situation also had a limited impact on DAXEUR.

From a technical perspective, the DAXEUR index remains below the 20095 - 20280 resistance zone, exhibiting a negative outlook. There is potential for the index to pull back to the 20000 and 19900 levels, while pressure towards the main support zone at the 19800 level is expected to continue. The RSI indicator is at 47, showing a neutral trend. For the index to initiate an upward movement, it needs to rise above the 20280 level and remain there. There is a 0.33% decrease compared to the previous day.