CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

Ger 30 Index Analysis

US Session Analysis for CFD Instruments 27/01/2021

Fundamental analysis

27 January, 2021

German and European stock markets traded lowerWednesday, with investors focusing on the rollout of Covid-19 vaccines, corporate earnings and the Federal Reserve's latest policy meeting. On the positive side the IMF raised its growth estimate for the global economy to 5.5% in 2021, from +5.2% in its last forecast in October. Despite this upgrade, German consumer confidence is set to drop sharply, after the latest GfK German consumer climate index fell to -15.6 from -7.5 last month.

Technical analysis

Ger 30 Index Analysis Technical analysis 27/01/2021
Time Frame: 1 hour

GER30 Support & Resistance Table - 27/01/2021

Support & Resistance Level Explanation
Resistance 2 13865.9 Daily R2
Resistance 1 13792.4 Daily R1
Support 1 13596.6 Daily S1
Support 2 13523.1 Daily S2

GER30 Indicator Table - 27/01/2021

Indicator Signal
SMA 20 Sell
SMA 50 Sell
SMA 100 Sell
MACD( 12;26;9) Sell
RSI (14) Sell
Stochastic ( 9;6;3) Sell

GER30 Indicator / Period Table - 27/01/2021

Indicator / Period Day - SellWeek - SellMonth - Buy
MACD( 12;26;9) Sell BuyBuy
RSI (14) Sell SellBuy
SMA 20 Sell SellBuy

GER30 27/01/2021 - Reference Price : 13694.5

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (0)Sell (3)
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