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 40 Index Analysis

US Session Analysis for CFD Instruments 01/10/2021

Fundamental analysis

01 October, 2021

German and European stocks traded sharply lower, starting the fourth quarter on a weak note on concerns rising inflation will prompt central banks to withdraw stimulus just as growth slows. The disappointing news continued Friday, as German retail sales rose 1.1% on the month in August, a rebound from the revised 4.5% drop the previous month but below the 1.5% increase expected.

Technical analysis

Ger 40 Index Analysis Technical analysis 01/10/2021
Time Frame: 1 hour

GER40 Support & Resistance Table - 01/10/2021

Support & Resistance Level Explanation
Resistance 2 1.27680 Daily R2
Resistance 1 1.27381 Daily R1
Support 1 1.26583 Daily S1
Support 2 1.26284 Daily S2

GER40 Indicator Table - 01/10/2021

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

GER40 Indicator / Period Table - 01/10/2021

Indicator / Period Day - SellWeek - SellMonth - Buy
MACD( 12;26;9) Sell SellBuy
RSI (14) Sell SellBuy
SMA 20 Sell SellSell

GER40 01/10/2021 - Reference Price : 1.26982

Buy
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (0)Sell (3)
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Ger40 Chart
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