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 03/02/2022

Fundamental analysis

03 February, 2022

The GER40 traded lower while European stock markets traded in mixed fashion Thursday, with strong results from energy giant Shell helping the FTSE 100 outperform ahead of policy setting meetings by both the European Central Bank and the Bank of England. Later, the European Central Bank is widely expected to keep policy unchanged but pressure is mounting on the institution to act, given data released on Wednesday showing that inflation in the Eurozone rose to 5.1% in January, the highest ever for the region, despite expectations for a drop to 4.4%.

Technical analysis

Ger 40 Index Analysis Technical analysis 03/02/2022
Time Frame: 1 hour

GER40 Support & Resistance Table - 03/02/2022

Support & Resistance Level Explanation
Resistance 2 15754.8 Daily R2
Resistance 1 15663.2 Daily R1
Support 1 15418.8 Daily S1
Support 2 15327.2 Daily S2

GER40 Indicator Table - 03/02/2022

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

GER40 Indicator / Period Table - 03/02/2022

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

GER40 03/02/2022 - Reference Price : 15541.0

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