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 40 Index Analysis

US Session Analysis for CFD Instruments 06/10/2021

Fundamental analysis

06 October, 2021

German and European stocks weakened sharply Wednesday on concerns that high inflation, fed by increasing energy costs, will force central banks to tighten monetary policy faster, choking off the post-pandemic recovery. German factory orders, a normally reliable leading indicator of trends in Europe's largest economy, set the negative tone with a shock 7.7% decline in August, a sharp slowdown from the 4.9% gain in July. The slump was caused largely by the key automotive sector, which has repeatedly flagged problems with its supply chain this year.

Technical analysis

Ger 40 Index Analysis Technical analysis 06/10/2021
Time Frame: 1 hour

GER40 Support & Resistance Table - 06/10/2021

Support & Resistance Level Explanation
Resistance 2 15006.9 Daily R2
Resistance 1 14934.7 Daily R1
Support 1 14742.3 Daily S1
Support 2 14670.1 Daily S2

GER40 Indicator Table - 06/10/2021

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 - 06/10/2021

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

GER40 06/10/2021 - Reference Price : 14838.5

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