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. 70.41% 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 29/11/2021

Fundamental analysis

29 November, 2021

European and German stocks traded higher Monday, only partially unwinding Friday’s hefty losses, with travel stocks benefiting as investors reassess the potential economic damage the newly discovered omicron Covid variant might cause. Fears gripped the market last week that the variant could resist vaccinations and crush the economic recovery. Traders are now reassessing the risks to global crude demand from the new omicron variant ahead of this week’s meeting of top producers to decide production levels moving into the new year.

Technical analysis

Ger 40 Index Analysis Technical analysis 29/11/2021
Time Frame: 1 hour

GER40 Support & Resistance Table - 29/11/2021

Support & Resistance Level Explanation
Resistance 2 15501.8 Daily R2
Resistance 1 15443.4 Daily R1
Support 1 15287.6 Daily S1
Support 2 15229.2 Daily S2

GER40 Indicator Table - 29/11/2021

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

GER40 Indicator / Period Table - 29/11/2021

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

GER40 29/11/2021 - Reference Price : 15365.5

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (0)Sell (2)
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