DAXEUR

The possibility of U.S. President Donald Trump imposing a 25% tariff on the automotive, pharmaceutical, and chip sectors has caused fluctuations in global stock market indices. Alongside Trump’s statements, the uncertainty of the Russia-Ukraine geopolitical risk has put pressure on European stock indices. The Dax40 index accelerated its decline by falling below the 21-period average, prompting investors to closely monitor the index's behavior.

From a technical analysis perspective, although the Dax40 index has dipped below the 21-period average (22680), the 55-period average (22385) remains a strong support level. As long as it stays above this level, a positive outlook is expected. New peak targets may be considered with Envelope indicators (23055 and 23290). However, if sustained movements occur below the main average, new pricing reactions might be observed towards the levels of 21910 – 22050.