DAXEUR

The German DAX index continues to remain sensitive to changes in global risk appetite ahead of the critical GDP data to be announced on Friday. This week, Fed Chairman Powell's speech on Friday will also be decisive for the direction of the index. Although the data flow is calm today, the potential for Friday's data to increase recession concerns could limit upward movements.

Technical Levels: 24,649.77 - 24,548.49 - 24,452.06 - 24,345.94 - 24,249.51 - 24,142.39 - 24,042.12
Technical Commentary: Resistance levels of 24,452.06 and 24,548.49 should be monitored above the pivot of 24,345.94. If the pivot is breached, support levels of 24,249.51 and 24,142.39 will come into play.