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. 70.41% 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 16/03/2021

Fundamental analysis

16 March, 2021

The GER30 European stock markets edged higher Tuesday, helped by gains from car giant Volkswagen but fresh Covid concerns mounted. German coronavirus infections are spreading exponentially, up 20% in the last week, an expert at the Robert Koch Institute for infectious diseases said on Tuesday, while the French health ministry reported late Monday that a new coronavirus variant has been found in Brittany. Volkswagen was up 3.8% after the world’s second-largest carmaker said it was confident that cost cuts will help it improve profit margins in the coming years.

Technical analysis

Ger 30 Index Analysis Technical analysis 16/03/2021
Time Frame: 1 hour

GER30 Support & Resistance Table - 16/03/2021

Support & Resistance Level Explanation
Resistance 2 14643.90 Daily R2
Resistance 1 14610.50 Daily R1
Support 1 14521.50 Daily S1
Support 2 14488.10 Daily S2

GER30 Indicator Table - 16/03/2021

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

GER30 Indicator / Period Table - 16/03/2021

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Buy BuyBuy
RSI (14) Buy BuyBuy
SMA 20 Buy BuyBuy

GER30 16/03/2021 - Reference Price : 14572.00

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