DAXEUR

On the second trading day of the week, the DAXEUR index continued to be priced relatively horizontally with limited movements in Germany's ten-year treasury yields. Today, Germany's leading CPI, JOLTS job opportunities and FOMC member Mester's speech will be followed. When we examine the short-term chart of the DAXEUR index technically, we are following the 18400 - 18500 region with support from the 20-period exponential moving average. As long as the index receives support from the 20-period average at 18500, positive expectations are at the forefront. In increases, increases towards the 18700 level can be seen with the 18600 resistance exceeded. If the index is suppressed around the 18600 resistance and cannot receive support from the 18400 level, negative expectations may come to the fore. In this case, downward deflections towards the 18100 level with support from the 89-period average can be followed. Support: 18400 – 18300 Resistance: 18600 – 18700