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 17/08/2021

Fundamental analysis

17 August, 2021

The GER30 and European stock markets traded lower Tuesday, weighed by losses in Asia on fresh Chinese regulatory fears. European markets received a weak handover from Asia, with the Hang Seng index in Hong Kong dropping 1.7% after Chinese regulators issued a set of draft regulations for the internet sector on Tuesday, the latest move in a crackdown on the country's powerful tech companies.The second reading of the second-quarter GDP release for the Eurozone is due later in the session, and should confirm the strong growth of 13.7% of the preliminary estimate.

Technical analysis

Ger 30 Index Analysis Technical analysis 17/08/2021
Time Frame: 1 hour

GER30 Support & Resistance Table - 17/08/2021

Support & Resistance Level Explanation
Resistance 2 15972.2 Daily R2
Resistance 1 15933.3 Daily R1
Support 1 15829.7 Daily S1
Support 2 15790.9 Daily S2

GER30 Indicator Table - 17/08/2021

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

GER30 Indicator / Period Table - 17/08/2021

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

GER30 17/08/2021 - Reference Price : 15881.5

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