DAXEUR

The German DAX index is hovering at the level of 24,065, showing a decrease of 0.81% compared to the previous day. With inflation in the Eurozone at a low expectation of 1.9%, this may lead to short-term increases in the index. Employment data from the U.S. will also be decisive for the direction of the index. The resistance at 24,215.77 is critically important, while the support levels at 24,086.93 and 23,984.89 should be monitored below. The index has shown an increase of 0.65% on a monthly basis, and due to today being the last trading day, its volatility may increase before the close. Technical indicators suggest that selling pressure may continue in the short term.