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 17/03/2022

Fundamental analysis

17 March, 2022

European and German stock markets pushed higher on Thursday as the sharp relief rally that followed the Federal Reserve's first interest rate hike in over three years faded. German steelmaking and engineering group Thyssenkrupp also fell by 8% after warning that the plan to spin off its steel division has been put in doubt by events in Ukraine. The company said it still believes a spinoff is the best course of action. There was more downbeat economic news from the car sector. EU car sales fell 6.7% in February according to industry association ACEA, and the hit to European car production since the start of the war suggests that worse is to follow in March.

Technical analysis

Ger 40 Index Analysis Technical analysis 17/03/2022
Time Frame: 1 hour

GER40 Support & Resistance Table - 17/03/2022

Support & Resistance Level Explanation
Resistance 2 14688.3 Daily R2
Resistance 1 14542.5 Daily R1
Support 1 14153.5 Daily S1
Support 2 14007.7 Daily S2

GER40 Indicator Table - 17/03/2022

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 - 17/03/2022

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

GER40 17/03/2022 - Reference Price : 14348.0

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