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 10/02/2022

Fundamental analysis

10 February, 2022

The GER40 edged higher alongside European stock markets Thursday boosted by strong earnings from German industrial giant Siemens ahead of the release of key U.S. inflation data. The quarterly earnings season has been the focus of trading in Europe so far Thursday, with Siemens, the largest industrial manufacturing company in Europe, leading the way. Its stock soared 7% after it reported a jump in industrial profit in the first quarter of its fiscal year, based on an “extraordinary” surge in orders from its customers.

Technical analysis

Ger 40 Index Analysis Technical analysis 10/02/2022
Time Frame: 1 hour

GER40 Support & Resistance Table - 10/02/2022

Support & Resistance Level Explanation
Resistance 2 15729.5 Daily R2
Resistance 1 15645.5 Daily R1
Support 1 15421.5 Daily S1
Support 2 15337.5 Daily S2

GER40 Indicator Table - 10/02/2022

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

GER40 Indicator / Period Table - 10/02/2022

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

GER40 10/02/2022 - Reference Price : 15533.5

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