CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Ger 40 Index Analysis

EU Session Analysis for CFD Instruments 25/04/2024

Fundamental analysis

25 April, 2024

In the Asian session, the German Benchmark Index traded above 18,200 levels.

European stocks closed lower on Wednesday, with the regional Stoxx 600 index down 0.43%.

The U.K.’s FTSE 100 ended its five-day winning streak, falling 0.06%, while Germany’s DAX and France’s CAC 40 dropped by 0.27% and 0.17%, respectively.

Despite gains on Wall Street boosting European markets previously, concerns over tech earnings and anticipation of interest rate cuts by European central banks weighed on investor sentiment.

Technical analysis

Ger 40 Index Analysis Technical analysis 25/04/2024
Time Frame: 1 hour

GER40 Support & Resistance Table - 25/04/2024

Support & Resistance Level Explanation
Resistance 2 18399.5 Daily R2
Resistance 1 18326.8 Daily R1
Support 1 18133.2 Daily S1
Support 2 18060.5 Daily S2

GER40 Indicator Table - 25/04/2024

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

GER40 Indicator / Period Table - 25/04/2024

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

GER40 25/04/2024 - Reference Price : 18239.5

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