DAXEUR

This week, key economic events include Fed Chairman Powell's Senate testimony today and the January CPI data release tomorrow. Speeches by Fed officials Hammack, Williams, and Bostic will be closely watched. On Thursday, the UK’s GDP, Switzerland’s CPI, and the US PPI will be released, followed by US retail sales data on Friday. Additionally, corporate earnings from companies like Coca-Cola, Robinhood, Coinbase, BP, Siemens, and Commerzbank are significant.

Technically, the DAX 40 remains optimistic above the 21 and 55-period moving averages (21680–21870). Potential targets are 22040, 22210, and 22315, with sustained movement above 22210 supporting further gains. However, failure to break higher may lead to pressure below the averages. Still, a positive medium-term outlook persists above 21195. Key levels to monitor today are 21870 and 22210.