DAXEURUSD

The German DAX index is preparing for a negative start to the day due to the pressure created by the hawkish FOMC minutes from last night on global risk appetite. The expectation that the Fed will maintain its tight stance is putting pressure on the stock markets. Today's PMI data from the Eurozone and Germany will be decisive for the index's internal dynamics, while tomorrow's Powell speech continues to be the week's most critical event.

Technical Levels: 24,452.06 - 24,345.94 - 24,249.51 - 24,142.39 - 24,042.12 - 23,950.00 - 23,880.00
Technical Comment: Following global selling pressure after the FOMC, the pivot of 24,345.94 has been broken downward. Our new critical level is the support at 24,142.39. There may be an effort to hold above this level, but if selling continues, 24,042.12 and 23,950.00 will be targeted. In case of recoveries, 24,249.51 and 24,345.94 will be monitored as resistance levels.