Latest Status In DAX, Nasdaq And Euro/USD

While there are important developments in global markets, what is the latest situation in DAX, Nasdaq and euro / dollar? Here are the details ...

What is the latest situation in DAX, Nasdaq and Euro/USD while markets remain silent before FED Chairman Jerome Powell's announcements tomorrow? Here are the details ...

Important News

The market is quiet before the US Federal Reserve (Fed) Chairman Jerome Powell's speech on Wednesday. Advocating the dovish trajectory of monetary policy may become difficult after the latest data. On Tuesday, attention turned to Consumer Confidence data from the USA. The US administration made a statement and announced that it will distribute 60 million AstraZeneca vaccines to other countries. It was noted that the vaccines in question will be sent to India, which explains the highest number of daily cases, especially in the epidemic. In European countries, vaccination studies continue and a decrease in the number of cases is observed. Turkey announced last week in which 60 thousand in the number of new cases over the past number of days after the case was taken to 30 thousand bands and pointed out that the restriction of a positive result. The Bank of Japan left the interest rates unchanged at 0.10 percent. Inflation targets, on the other hand, have been updated. Last day, after the dollar index was pulled to the level of 90,630, it gained an upward momentum and climbed up to the 90,990 zone. The EUR / USD closed the day with selling pressure in the 1.2100 zone. GBP / USD, on the other hand, follows a stable trend in the 1.3900 region. The rise in US treasury bond yields is interpreted as the factor behind the rise of the dollar index. Although ounce gold rose to the level of 1780 dollars the other day, there was still no increase in the buying momentum. On the WTI crude oil side, the price managed to attract the attention of the bulls by closing the daily candle above the resistance of 62.00. In commodity-backed pairs, AUD / USD and NZD / USD entered a consolidation period after setting a new record. USD / CAD fell to 1.2400, hitting its lowest yearly.

Technical

EUR/USD

Euro began to decline after seeing trend resistance at 1.2110 on the charts. Selling pressure may continue on the EURUSD charts, which closed the first trading session on Monday during the consolidation period. Besides, trend support at 1.2059 is waiting to be tested. Below this level, there is a playground for 1.2027 minor support and then 1.2000 psychological support. The 4H candlestick close above 1.2080 is expected to resume the uptrend. Resistance: 1,2080 - 1,2110 - 1,2150 Support: 1,2050 - 1,2027 - 1,2000

DAX

DAX, which has been floating between the 15325 and 15275 levels for a while, is very close to breaking the channel it creates. On the downside, there are playgrounds up to 15175 and 15 110. Below the aforementioned levels, the rising trend is 14970 as support. On the upside, there is 15405 above the level of 15325 and the final peak resistance 15520. It seems that sellers are dominant in the short term. Resistance: 15325 - 15405 - 15520 Support: 15175 - 15110 – 14970

Nasdaq

The Nasdaq price rose again to its highest level of 14040. Indicator mismatches and decreases in volume, which increased as we climbed to the top, reveal market tension. The strengthening of the dollar index today may cause the Nasdaq's peak test to be rejected. Therefore, it is necessary to watch the dollar index closely. It is expected to face resistance at 14080 and 14140 levels. It has 13945 and 13860 downstream supports if rejected from the summit. As the 13860 support is trend support, the lower 4H candlestick close at this level may cause sellers to strengthen and the price may retreat to 13750 support. In the short term, sellers seem to be dominant. Resistance: 14040 - 14080 - 14140 Support: 13945 - 13860 - 13755