DAXEUR

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DAXEUR

On global markets, general confusion is distinctly felt, especially in the European and Asian markets, while optimism continues on the US stock exchanges. In Europe, Italy's economic pressures and the relatively positive economic performance of the UK stand out. The German DAX 40 index is noted for losses approaching 1%. Geopolitical risks and factors such as US interest rate policies lead to a cautious stance in the markets.

Technically, the DAX 40 index is moving in a critical range between 18995 and 19090. Maintaining above this level is important for the continuation of the upward trend. However, the resistance zones between 19275 and 19350 need to be surpassed, in which case the 19800 levels could be targeted. Otherwise, the index risks pulling back to the 18995 - 19090 support levels. The RSI indicator is at 58 in the chart, showing a positive trend, and the index is up by 0.31% compared to the previous day.

Support :

19090 - 18995 - 18885

Resistance :

19275 - 19350 - 19435