DAXEUR

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DAXEUR

The German DAX index is seeking balance at the pivot level of 24409.51 ahead of the ECB's interest rate decision today. While the ECB is expected to keep interest rates steady at 2.15%, the tone of Lagarde's statements and hints about the future interest rate path will be closely monitored. The reduction of inflation expectations to 2.0% for 2025 could pave the way for continued interest rate cuts. If the index can maintain above the pivot, resistance levels of 24762.73, 24893.81, and 25135.96 may be targeted. In the case of downward pressure, support levels of 24278.43, 23925.21, and 23683.05 will be watched.

Support :

24278.43 - 23925.21 - 23683.05

Resistance :

24893.81 - 24762.73 - 24409.51