Ger 30 Index Analysis

Morning Analysis for CFD Instruments 11/01/2019

Fundamental analysis

11 January, 2019

The GER30 grew higher by close of business on Thursday at 10921.59 after global markets were boosted by the publication of the Fed’s minutes of their last meeting. The minutes noted low inflation meant that the Fed can “afford to be patient about further policy firming”. Even more striking, the minutes revealed that at the December meeting, some policymakers opposed a rate hike, arguing that inflation was too low to warrant higher rates. The new dovish stance from the Fed has relieved investors and helped stabilize the stock markets. The winners of the session included Fresenius SE, up 2.01%, E ON SE, gaining 0.96% and Deutsche Telekom, climbing 0.07%. Among the losers were Lufthansa, down 2.74%, Covestro, falling 2.63% and Fresenius ST, dropping 1.23%.

Technical analysis

Ger 30 Index Analysis Technical analysis 11/01/2019
Time Frame: 1 hour

GER30 Support & Resistance Table - 11/01/2019

Support & Resistance Level Explanation
Resistance 2 11074.50 Daily R2
Resistance 1 11034.50 Daily R1
Support 1 10894.50 Daily S1
Support 2 10854.50 Daily S2

GER30 Indicator Table - 11/01/2019

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

GER30 Indicator / Period Table - 11/01/2019

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

GER30 11/01/2019 - Reference Price : 10964.50

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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