DAXEUR

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DAXEUR

In this period where Asian stock indices are diverging from the performances in the US and Europe, the DAX 40 index is showing a positive trend in Europe. Despite negative performances from Italy and the Netherlands, the DAX 40, along with France, continues to move in a positive zone. President Trump's statements and the sustained optimism in the US are among the noteworthy factors in the markets. In Europe, the main index DAX 40's effort to increase its monthly gains is notable.

Technically, the DAX 40 index is maintaining its movement above the 21200 support level. For upward movements, the resistance levels of 21295, 21380, and 21475 can be monitored sequentially. For the index to gain more momentum, sustained movements above the 21475 level are important. In declines, the 21120 and 21040 levels are supportive. The RSI indicator currently presents a neutral outlook. It is observed that the index is following a positive trend with an increase of 0.24% compared to the previous day.

Support :

21200 - 21120 - 21040

Resistance :

21295 - 21380 - 21475