DAXEUR

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DAXEUR

The DAXEUR pair is trading under general pressure in global markets. Declines in US and Asian stocks are also impacting European indices. In particular, the approximately 1.50% drop in Germany's DAX 40 index is worrying investors. This decline is being considered in conjunction with the general uncertainty in European stock markets. Additionally, global economic data and especially the US non-farm payrolls data could lead to new price movements in the markets.

Technically, DAXEUR is approaching support zones at the 19090 and 18995 levels on the daily chart. If it stays below these levels, there is a likelihood of a pullback towards the 18885 level. In upward movements, resistance levels at 19275, 19350, and 19435 can be monitored. The RSI indicator is currently at 45, presenting a neutral outlook. The pair has experienced a 0.05% decrease compared to the previous day, indicating a noticeable selling pressure in the market.

Support :

19090 - 18995 - 18885

Resistance :

19275 - 19350 - 19435