DAXEUR

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DAXEUR

The DAXEUR pair is closing the week, particularly with employment data expected from the US, as a positive trend is observed in Asian and European markets, while some divergences are noted in US markets. Among European indices, Germany and Italy exhibited significant performances exceeding 3.50% as they made a positive start to December. The DAX40 index is seen updating its record levels by continuing its recent upward trend. Expectations of positive divergence in the Chinese economy are also creating optimism in global markets, while the weak US employment data and the Fed's cautious stance are being considered.

According to technical analysis, the DAX40 index continues its upward trend by remaining above the 20095 level. Resistance levels on the chart stand out as 20425, 20550, and 20660. The RSI indicator is showing a neutral trend. The index showed a 0.11% decline compared to the previous day. If it remains above the 20425 level, the upward trend may continue with a movement towards the Fibonacci region. Otherwise, there could be a retreat to the 20095 level. Support levels are being monitored at 20300, 20185, and 20095. The overall outlook indicates a positive trend, though short-term fluctuations may occur.

Support :

20300 - 20185 - 20095

Resistance :

20425 - 20550 - 20660