DAXEUR

Global markets started the week mixed, while Asian stocks followed a positive trend with China's economic stimulus announcements. In European markets, regional differences were noticeable, with the DAX 40 index facing pressure due to profit-taking ahead of the U.S. Christmas holiday. Policies to support China's economy and competitive investigations concerning Nvidia in the U.S. are among the key factors affecting market dynamics. The DAX 40 continues to remain under pressure along with major indices like the SP500.

From a technical perspective, when examining the DAX 40 index, the 20095 level stands out as a significant support point. The chart shows that the index is trying to stay above this level. In upward movements, surpassing the 20460 resistance could trigger a rise towards the 20570 and 20660 levels. The RSI indicator stands at 46 and presents a neutral outlook. The index has experienced a 0.26% drop compared to the previous day. If the decline continues, the 20300 support level might play a critical role. However, staying above the 20095 level and the 50-period moving average helps maintain the positive outlook.