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. 70.41% 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 23/08/2021

Fundamental analysis

23 August, 2021

U.S. stock futures edged up Monday, suggesting that the major indexes will kick off the week on the front foot as investors await data on the American manufacturing and services sectors. Futures tied to the S&P 500 ticked up 0.2%, pointing to the broad market index extending Friday’s 0.8% gain. Nasdaq-100 futures climbed 0.3%, indicating a modest rise in technology stocks after the opening bell. Investors are largely focused on the Federal Reserve’s annual economic policy symposium later this week, awaiting fresh cues on when policy makers may slow bond purchases. At the same time, rising concerns that elevated Covid-19 infection levels may slow the global economic recovery sent stocks lower last week. Dallas Fed President Rob Kaplan said Friday he may rethink his call to begin tapering asset purchases soon if the Delta variant weighs on growth.

Technical analysis

Ger 30 Index Analysis Technical analysis 23/08/2021
Time Frame: 1 hour

GER30 Support & Resistance Table - 23/08/2021

Support & Resistance Level Explanation
Resistance 2 15954.9 Daily R2
Resistance 1 15904.0 Daily R1
Support 1 15768.0 Daily S1
Support 2 15717.1 Daily S2

GER30 Indicator Table - 23/08/2021

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

GER30 Indicator / Period Table - 23/08/2021

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

GER30 23/08/2021 - Reference Price : 15836.0

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