DAX40:Losses in the Index May Continue



The expectation that the European Central Bank (ECB) will signal an interest rate hike for the first time in 10 years, continues to put pressure on the DAX40 index. On the other hand, the contribution of risk appetite in global markets is limited. Technically, if the 14 330 level is broken in a pressured way, a loss can be observed up to 14 150 support in the index where the signals of downward movements are taken in the quotes on the third trading day of the week. In the upside scenario that can be experienced in the pricing of the DAX40, 14 630 and 14 800 resistances can be observed.