DAXEUR

The DAXEUR pair is preparing to be influenced by significant economic data and speeches by central bank officials during the week of November 11-15. While the CPI data from the US and Germany will be closely monitored in global markets, growth data from Japan, the UK, and the Eurozone could also be determining factors for the economic outlook. Additionally, statements from the Fed and ECB presidents, as well as various Fed members, could influence the market direction. In light of these developments, the DAXEUR pair may fluctuate under the influence of global economic data and central bank policies.

From a technical perspective, although the DAX40 index tends to form a bottom pattern in the 18995 – 19090 range, this reversal has not been confirmed with a sustained move above the 19350 – 19435 levels. In this context, a negative expectation could arise below the 18995 level, while a positive expectation might form above the 19435 level. Movements in the 19350 – 19435 range could be critical for short-term direction determination. The RSI indicator is showing a neutral trend, with a 0.30% increase compared to the previous day. Support levels are monitored at 19275, 19195, and 19090, while resistance levels can be followed at 19435, 19530, and 19630.