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DAXEUR

DAXEUR
DAXEUR
In European equity markets, the data agenda remains quiet today, while investors’ attention is focused on the OPEC Meeting and the U.S. Conference Board Consumer Confidence data. Developments regarding the energy market may affect cost expectations for European companies, while stronger-than-expected U.S. data supporting the U.S. Dollar Index could put pressure on global risk appetite. This outlook is causing cautious pricing to continue across European indices. Accordingly, the downward trend is expected to continue in the technical outlook.
Support
25285.28 – 25044.79
Resistance
25663.68 – 25801.59

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