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 13/05/2021

Fundamental analysis

13 May, 2021

German stocks fell sharply on Thursday as overnight data showing a sharp rise in U.S. consumer prices triggered concerns over whether the Federal Reserve will be forced to change its policy stance. Investors now await U.S. producer price data and weekly jobless claims figures, due later in the day for further insights into economic recovery and the inflation outlook. Automakers BMW, Daimler and Volkswagen tumbled 3-4 percent while lender Deutsche Bank lost 2.8 percent around lunchtime in Europe.

Technical analysis

Ger 30 Index Analysis Technical analysis 13/05/2021
Time Frame: 1 hour

GER30 Support & Resistance Table - 13/05/2021

Support & Resistance Level Explanation
Resistance 2 15084.20 Daily R2
Resistance 1 15020.00 Daily R1
Support 1 14849.00 Daily S1
Support 2 14784.80 Daily S2

GER30 Indicator Table - 13/05/2021

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

GER30 Indicator / Period Table - 13/05/2021

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

GER30 13/05/2021 - Reference Price : 14962.50

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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