DAXEUR

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DAXEUR

In the US, the Fed's PCE inflation indicator and third-quarter growth data, which are the focus before the Thanksgiving holiday, may cause pricing movements in the markets. Additionally, data such as Durable Goods Orders and Unemployment Claims are also being closely watched. Ceasefire talks between Israel and Lebanon and other US-sourced news flows may increase volatility in the markets. While Asian markets are mixed, the effects of US data may also be felt in European stock exchanges.

The DAX40 index is trading at 19341, maintaining its support at the 19275 level. On the daily chart, resistance levels at 19435 and 19530 are in the foreground. The range between 18995-19090 is being monitored as an important bottom region. The index continues its effort to stay above the 55 and 89-period averages. The RSI indicator is close to the 50 level and exhibits a neutral appearance. It shows a 0.06% decline compared to the previous day, indicating that the market is still in uncertainty and horizontal movement may continue.

Support :

19275 - 19195 - 19090

Resistance :

19435 - 19530 - 19630