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 29/10/2021

Fundamental analysis

29 October, 2021

German and European shares traded lower on Friday weighed by disappointing results from U.S. tech giants Apple and Amazon, and by the rise in Eurozone government bond yields after Thursday's European Central Bank meeting. Eurozone inflation figures were much higher than expected at 4.1%, while in Germany lower than expected GDP figures underlined difficulties in Europe’s largest economy.

Technical analysis

Ger 40 Index Analysis Technical analysis 29/10/2021
Time Frame: 1 hour

GER40 Support & Resistance Table - 29/10/2021

Support & Resistance Level Explanation
Resistance 2 15582.9 Daily R2
Resistance 1 15548.9 Daily R1
Support 1 15458.1 Daily S1
Support 2 15424.1 Daily S2

GER40 Indicator Table - 29/10/2021

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

GER40 Indicator / Period Table - 29/10/2021

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

GER40 29/10/2021 - Reference Price : 15503.5

Sell
Simple Moving AverageBuy (1)Sell (2)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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Ger40 Chart
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