DAXEUR

The DAX 40 index is exhibiting a volatile trend due to the mixed outlook of global markets and the impact of economic divergences, particularly in Europe. Germany's positioning in the positive territory, contrasted with the negative trajectory of other European countries like the UK and France, is influencing the movement of the index. On a global scale, US and UK inflation data and speeches from Fed chairs are among the factors investors are closely monitoring. These developments could affect the short-term trend of the DAX index.

From a technical perspective, the DAX 40 index is attempting to maintain stability above the support level of 20,385 on the daily chart. As long as this level is maintained, the index has the potential to test the resistance levels of 20,480, 20,560, and 20,648. The support levels of 20,240 and 20,185 stand out as important levels to watch for downward movements. The RSI indicator is at 53, presenting a neutral outlook, which suggests a lateral movement in price actions. The index, which showed a 0.13% increase today, is trying to maintain its upward trend.