DAXEUR

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DAXEUR

Global stock indices opened optimistically in Europe. Before completing the second month, Germany's DAX40 index stands out, rising 15%, exceeding inflation and deposit rates. Optimism stems from expectations that geopolitical risks from Russia-Ukraine will end due to U.S. President Trump’s actions and belief that economic downturns have passed. Spain and Italy gained 12%, while France rose 11%, making Europe a first-quarter leader.

Technically, DAX40’s critical level is 22,525 (21-period moving average). The index targets 22,950, 23,070, and 23,160. Sustaining above 23,070 may extend the rally, while pressure could push it toward 22,215 (55-period average), maintaining a positive outlook

Support :

22855 - 22680 - 22525

Resistance :

22950 - 23070 - 23160