CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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 12/09/2024

Fundamental analysis

12 September, 2024

In the European session, the German Benchmark Index traded above 18,500 levels.

European and German stocks climbed on Thursday, buoyed by strong performances among technology stocks, while investors awaited a policy decision from the European Central Bank later in the day where a rate cut of 0.25% is highly likely.

Technical analysis

Ger 40 Index Analysis Technical analysis 12/09/2024
Time Frame: 1 hour

GER40 Support & Resistance Table - 12/09/2024

Support & Resistance Level Explanation
Resistance 2 18773.4 Daily R2
Resistance 1 18681.9 Daily R1
Support 1 18438.1 Daily S1
Support 2 18346.6 Daily S2

GER40 Indicator Table - 12/09/2024

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

GER40 Indicator / Period Table - 12/09/2024

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

GER40 12/09/2024 - Reference Price : 18560.0

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