DAXEUR

The DAX index is moving around the pivot level of 23881. The critical support levels for the index are set at 23419, 23093, and 23003, while the resistance levels are at 24248, 24369, and 24653. The CPI data coming from Germany on Monday and from the Eurozone on Tuesday will have an impact on the DAX. The expected increase in inflation may create pressure on the index due to concerns that the ECB could delay interest rate cuts. However, if inflation aligns with expectations and there are signs of a slowdown in the U.S. economy, it could boost global risk appetite, supporting the DAX in breaking the 24248 resistance and moving towards the 24369 level.