DAXEUR

The DAXEUR pair is drawing attention as global market fluctuations and the focus on upcoming central bank meetings come into play. Last week, there was a move approaching October peaks in the SP500 index, but it subsequently pulled back. The DAX40 index, on the other hand, is maintaining its course near the 21650 peak by limiting its decline at the 21200 level. During this time, investors' eyes will be on the decisions made in the Fed and European Central Bank's first meetings of the year. Particularly, growth and inflation data to be announced in the U.S. could be decisive for the market's direction.

From a technical perspective, the DAX40 has found strong support at the 21350 level. In upward movements, the 21650 level is observed as the first resistance point, while higher, 21775 and 21850 levels may be followed. The RSI indicator is showing a neutral tendency at the 50 level. It is observed that the pair has changed by -0.06 percent today. The short-term positive trend may continue above the 21-period average, while the Envelope indicator's upper point, at the 21775 level, stands out as a critical resistance. If the pair struggles to surpass these levels, there could be a pullback towards the reference support levels again.