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 17/11/2021

Fundamental analysis

17 November, 2021

Around European lunchtime, the German and most European indexes traded mixed Wednesday, with the FTSE 100 underperforming after a hot U.K. inflation release pointed to an early Bank of England rate hike and rising Covid-19 cases hitting travel and leisure stocks. In corporate news, Volkswagen stock fell 1.7% after the German auto giant announced plans to double staff numbers at its charging and energy division, part of its aim to take on U.S. rival Tesla in a key electric vehicle battleground: power infrastructure.

Technical analysis

Ger 40 Index Analysis Technical analysis 17/11/2021
Time Frame: 1 hour

GER40 Support & Resistance Table - 17/11/2021

Support & Resistance Level Explanation
Resistance 2 1.26261 Daily R2
Resistance 1 1.26006 Daily R1
Support 1 1.25328 Daily S1
Support 2 1.25073 Daily S2

GER40 Indicator Table - 17/11/2021

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 - 17/11/2021

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

GER40 17/11/2021 - Reference Price : 1.25667

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