DAXEUR

Global markets are experiencing a volatile start due to the new tariffs imposed by U.S. President Trump on Canada, Mexico, and China. The negative trend observed in the Dax40 index is evident as it dips below the short-term main support of the 55-period average (21418). During the most critical periods of trade wars, it is essential to remain cautious about possible fluctuations in the index. We will question whether a new trend will form below the average or if the previous positive outlook will continue above the average.

Currently, the reactions occurring below the average are following a negative trajectory; however, we will closely monitor the developments throughout the day. In particular, price movements below the 21195 level could be an essential indicator for confirming a new trend. Otherwise, one may need to approach declines with skepticism. The critical levels of the day include 21418 and 21195.