CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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 07/05/2021

Fundamental analysis

07 May, 2021

German and European stock markets traded higher Friday, helped by strong earnings from blue-chip companies ahead of the key monthly U.S. employment report.Robust corporate earnings have helped the European indices post gains Friday, as companies recover from the damage caused by the Covid-19 pandemic. Adidas stock rose 7.6% after the German sportswear company raised its 2021 sales outlook on Friday, saying it expects strong demand driven by new products as well as big sports events like the European soccer championship and the Copa America.

Technical analysis

Ger 30 Index Analysis Technical analysis 07/05/2021
Time Frame: 1 hour

GER30 Support & Resistance Table - 07/05/2021

Support & Resistance Level Explanation
Resistance 2 15568.4 Daily R2
Resistance 1 15495.2 Daily R1
Support 1 15299.8 Daily S1
Support 2 15226.6 Daily S2

GER30 Indicator Table - 07/05/2021

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

GER30 Indicator / Period Table - 07/05/2021

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

GER30 07/05/2021 - Reference Price : 15397.5

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (0)
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