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 18/03/2021

Fundamental analysis

18 March, 2021

Automakers lifted the German 30to a record high on Thursday, while broader European stocks inched towards all-time highs after the U.S. Federal Reserve vowed to keep interest rates low despite forecasting a surge in economic growth. Volkswagen jumped 3.4%, sealing its position as the most valuable company in Germany's DAX after it overtook software maker SAP on Wednesday. Its shares have racked up a 28% gain so far this week and are on course to record the biggest weekly gain ever after it stepped up its switch to fully electric vehicles.

Technical analysis

Ger 30 Index Analysis Technical analysis 18/03/2021
Time Frame: 1 hour

GER30 Support & Resistance Table - 18/03/2021

Support & Resistance Level Explanation
Resistance 2 14808.2 Daily R2
Resistance 1 14773.4 Daily R1
Support 1 14680.6 Daily S1
Support 2 14645.8 Daily S2

GER30 Indicator Table - 18/03/2021

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 - 18/03/2021

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

GER30 18/03/2021 - Reference Price : 14727.0

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