ECB Reassesses Rate Hikes Amid Geopolitical Risks

The DAX fell 2.1% in the last session to 25,108 points, closing below its 50-day moving average (25,426). The RSI at 46.7 indicates weakness in neutral territory, while the MACD line remains negative below the signal line. The ECB's reassessment of interest rate hikes due to geopolitical risks may increase market uncertainty and sustain selling pressure in the short term. The 20-day moving average (25,000) should be monitored as near-term support; a break below this level could accelerate the decline.

Brent crude is exhibiting weakening signals in technical indicators. Although the RSI is approaching oversold territory at 38, the MACD line remaining below the signal line and trading below both the SMA20 and SMA50 confirm the bearish trend. The ECB's reassessment of interest rate hikes due to geopolitical risks could heighten global economic slowdown concerns, reinforcing negative expectations for oil demand. In the short term, a break below the $75 support level may increase selling pressure, but the oversold condition also makes corrective buying possible.

EUR/USD is trading at 1.1432 and has experienced a slight decline over the past 24 hours. The RSI sits at 48 in the neutral zone, while the MACD is below the signal line but close to zero, indicating weak momentum. The price is just below the 20‑ and 50‑day moving averages (1.1442 and 1.1430), pointing to a short‑term resistance area. The ECB’s reconsideration of a rate hike amid geopolitical risks could create uncertainty for the euro, though the market may have largely priced in this news. In the short term, it is difficult to determine a clear direction, so a neutral stance is recommended.