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 30 Index Analysis

EU Session Analysis for CFD Instruments 07/01/2021

Fundamental analysis

07 January, 2021

The GER30 rose to a fresh all- time high on Thursday (13985). The GER30 was up all day Wednesday and finished even stronger. The German benchmark climbed nearly 2% on Wednesday. Winners outnumbered losers by about 3 to 1. The biggest winners were Deutsche Bank, Allianz, and Bayer. The biggest losers were Vonovia, Deutsche Wohnen, and Delivery Hero. The German Composite and Services PMI’s for December came in at 52.0 and 47.0 respectively. Their consensus forecasts were slightly higher at 52.5 for the Composite and 47.7 for Services.

Technical analysis

Ger 30 Index Analysis Technical analysis 07/01/2021
Time Frame: 1 hour

GER30 Support & Resistance Table - 07/01/2021

Support & Resistance Level Explanation
Resistance 2 14090.1 Daily R2
Resistance 1 14017.6 Daily R1
Support 1 13824.4 Daily S1
Support 2 13751.9 Daily S2

GER30 Indicator Table - 07/01/2021

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

GER30 Indicator / Period Table - 07/01/2021

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

GER30 07/01/2021 - Reference Price : 13921.0

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