DAXEUR

The DAX40 index is trying to stay in positive territory despite losses exceeding 0.50%. Investors are monitoring the ECB decisions to be announced this week, along with growth and unemployment data for the Eurozone, following the Fed's 25 basis point interest rate cut. Technically, as long as it stays above the 24000–24150 range, there is potential for the index to rise towards the 24888 level. However, a sustained drop below 24000 could lead to deeper pullbacks towards the 23655 support.