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 29/09/2022

Fundamental analysis

29 September, 2022

The GER40 and European stock markets weakened Thursday as surging German inflation increased concerns of more aggressive monetary policy tightening, while the boost from the Bank of England’s invention faded. The European Central Bank has increased its benchmark interest rate by a combined 125 basis points over its last two meetings, and more hikes look likely after inflation in Germany’s most populous state, North Rhine Westphalia, registered its biggest jump since the early 1950s, climbing 10.1% year-on-year in September.

Technical analysis

Ger 40 Index Analysis Technical analysis 29/09/2022
Time Frame: 1 hour

GER40 Support & Resistance Table - 29/09/2022

Support & Resistance Level Explanation
Resistance 2 12314.2 Daily R2
Resistance 1 12201.8 Daily R1
Support 1 11902.2 Daily S1
Support 2 11789.8 Daily S2

GER40 Indicator Table - 29/09/2022

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

GER40 Indicator / Period Table - 29/09/2022

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

GER40 29/09/2022 - Reference Price : 12052.0

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