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 28/04/2021

Fundamental analysis

28 April, 2021

The GER 30 and European stock markets edged higher Wednesday, helped by positive corporate earnings, particularly in the banking sector, ahead of the conclusion of the latest Federal Reserve meeting. A number of blue-chip European companies released quarterly earnings Wednesday, with the results being generally positive. Deutsche Bank stock soared over 6% after the German banking institution posted its best quarterly profit since the first quarter of 2014, as strength at the investment bank helped offset the headwinds of an ongoing restructuring program and the coronavirus pandemic.

Technical analysis

Ger 30 Index Analysis Technical analysis 28/04/2021
Time Frame: 1 hour

GER30 Support & Resistance Table - 28/04/2021

Support & Resistance Level Explanation
Resistance 2 15413.8 Daily R2
Resistance 1 15371.7 Daily R1
Support 1 15259.3 Daily S1
Support 2 15217.2 Daily S2

GER30 Indicator Table - 28/04/2021

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 - 28/04/2021

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

GER30 28/04/2021 - Reference Price : 15315.5

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