DAXEUR

The DAX40 Index has risen due to the optimistic atmosphere created by the new trade agreement signed between the United States and the European Union. The agreement imposes a 15% customs duty on European products while anticipating significant investments in the U.S. industry. This situation resembles the agreement made by the U.S. with Japan.

From a technical analysis perspective, the DAX40 is trading above the support levels indicated by the short-term indicators (20, 50, and 100-period exponential moving averages). As long as the DAX40 remains above the 24,300 level, it shows a positive outlook. If the upward trend continues, the levels of 24,648 and 24,745 may gain importance. However, if it falls below 24,300, a negative expectation could emerge. During declines, the levels of 24,076 and 23,881 should be monitored. Significant level: 24,300.