DAXEUR
The German Federal Assembly approved a groundbreaking financial package, contributing to the Dax40 reaching record levels. This development helped Dax40 maintain its upward trend, outpacing other stock indices in Europe. Additionally, it was announced that a limited 30-day ceasefire agreement was reached during talks between U.S. President Trump and Russian President Putin regarding the Russia-Ukraine war.
Looking at the technical analysis of Dax40, we see that the index is priced above the 23351 level. Maintaining this level allows for continued positive expectations. If the upward trend persists, targets can be set at the 23720 and 23938 levels. However, if it falls below 23351, a potential pullback may be expected.
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