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 07/12/2021

Fundamental analysis

07 December, 2021

European and German stocks traded higher on Tuesday helped by China easing monetary policy while concerns about the economic impact of the Omicron Covid variant ease. Global equities bounced on Monday on receding worries about the impact of the Omicron variant after health officials from both South Africa, where the variant was first discovered, and the U.S. reported over the weekend that Omicron cases had only shown mild symptoms. The main release will be the German ZEW economic sentiment index for December, which is expected to show falling confidence in the Eurozone’s most important economy after mobility restrictions were reintroduced to combat the latest Covid surge.

Technical analysis

Ger 40 Index Analysis Technical analysis 07/12/2021
Time Frame: 1 hour

GER40 Support & Resistance Table - 07/12/2021

Support & Resistance Level Explanation
Resistance 2 15948.3 Daily R2
Resistance 1 15843.6 Daily R1
Support 1 15564.4 Daily S1
Support 2 15459.7 Daily S2

GER40 Indicator Table - 07/12/2021

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

GER40 Indicator / Period Table - 07/12/2021

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

GER40 07/12/2021 - Reference Price : 15704.0

Buy
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (2)Sell (0)
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