DAXEUR

DAXEUR is experiencing a negative trend in global markets due to President Trump's tariff implementations targeting Canada, Mexico, and China. Particularly, the rise in the US dollar index and losses nearing 3% on the Japanese Nikkei index have put pressure on DAXEUR. As uncertainties increase in the markets with the impact of trade wars, economic data from the Eurozone and the US are being closely monitored. This situation indicates the possibility of continued market volatility.

From a technical standpoint, DAXEUR is trading at the 21288 level, recording a decrease of 2.07%. The pair may have the potential to initiate a new trend below the 21195 level. With the current pricing, levels of 21195, 21000, and 20830 are monitored as support, while 21418, 21550, and 21672 should be closely watched as resistance levels in upward movements. The RSI indicator shows a negative outlook with a prevailing downtrend. In this technical structure, whether the price can hold at the support levels is of significant importance.