DAXEUR

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DAXEUR

In the new week, speeches of key figures such as Fed Chair Powell, who will present in the Senate and House of Representatives, as well as Cleveland Fed President Hammack, New York Fed President Williams, Atlanta Fed President Bostic, and Bank of England (BoE) Governor Bailey, highlight central bank themes. The most notable data will be January US CPI, released midweek. Additionally, Core Retail Sales from the US, Q4 growth figures from the Eurozone and UK, and January CPI data from Germany and Switzerland will be monitored. Companies like McDonald's, Coca Cola, Robinhood, Applied Materials, and Coinbase will be in the spotlight for US financial results, while BP, Siemens, and Commerzbank's earnings reports will be watched in Europe.

The technical analysis of the Dax40 index indicates that 21 and 55-period moving averages (21615 – 21795 range) are critical. Although the index remains above these averages, it maintains optimism despite the decline. Movements towards 21905, 22105, and 22325 can be observed. Sustained movements in the upper region of Envelope indicators (22105) could extend the rally. However, pressures below this level may lead to reactions. Staying above 21195 is essential in the medium term. Key levels for the day are 21615 and 22105.

Support :

21795 - 21615 - 21500

Resistance :

21905 - 22105 - 22325