DAXEUR

The DAX 40 index is displaying a sentiment influenced by the negative start in global markets and the mixed performance in Asian markets. The continuation of stimulus measures and interest rate cuts in China are distinguishing the Chinese indices positively, indirectly affecting the DAX. Across Europe, there is a perception of pressure due to economic uncertainties and signals from the Fed regarding a slowdown in interest rates. Statements by Kansas City Fed President Schmid are also among the factors shaping market expectations regarding central bank policies.

From a technical perspective, the DAX 40 index is attempting to surpass the 19720 resistance level on the daily chart, while the levels of 19610 and 19545 are being monitored as support. In the upward movement of the index, the resistance levels of 19850 and 19975 can be targeted. The RSI indicator is at 54, with the market continuing to present a neutral outlook. Compared to the previous day, the index has shown an increase of 0.21%. Maintaining support levels might be important for sustaining upward momentum.