ANALYSIS
NQ100 Finds Support from PPIApr 14
Germany's DAX40 moves upwards
European Central Bank is expected to be one of the last developed country central banks that will put an end to the practices belonging to the pandemic era, leading to bullish moves in DAX40. In addition, decline in the investors’ stress is another factor contributing to these moves. However, recovery in euro puts pressure on the index slightly. Technically, the index settled above the minor trend and if it exceeds 15 670 permanently, we will follow 15 800 resistance. On the other hand, 15 245 - 15 100 range will be our support zone below 15 400.
