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 02/11/2021

Fundamental analysis

02 November, 2021

Around European lunchtime, the German and most European index were trading higher, with investors focusing on the ongoing corporate earnings season ahead of the start of an eagerly-awaited Federal Reserve meeting. In economic news, the German manufacturing PMI for October fell to 57.8, a small drop from the 58.2 level in September.

Technical analysis

Ger 40 Index Analysis Technical analysis 02/11/2021
Time Frame: 1 hour

GER40 Support & Resistance Table - 02/11/2021

Support & Resistance Level Explanation
Resistance 2 15967.2 Daily R2
Resistance 1 15925.7 Daily R1
Support 1 15815.3 Daily S1
Support 2 15773.8 Daily S2

GER40 Indicator Table - 02/11/2021

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

GER40 Indicator / Period Table - 02/11/2021

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

GER40 02/11/2021 - Reference Price : 15870.5

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