DAXEUR

Before February ends, the German DAX40 index outperforms, gaining around 15%, exceeding the 2.50% inflation and 2.75% deposit rates. Optimism about easing geopolitical risks and economic recovery has boosted European indexes. Spain and Italy show 13% gains, while France stands at 11%, significantly impacting Europe in Q1 2023. March will be crucial for analysts' upward revisions.

Technically, the 22,680 level, where the 21-period average lies, is critical. Above this, resistances at 22,950, 23,045, and 23,135 remain targets. A sustained move above 23,135 could extend the rally. However, if pressure forms below, the 55-period average must stay positive above 22,385. Key levels: 22,680 and 23,135.