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

EU Session Analysis for CFD Instruments 30/01/2024

Fundamental analysis

30 January, 2024

Trading in Asia saw the German Benchmark Index trading today at 16,941.
European markets are heading for a higher open Tuesday with investors keeping an eye on preliminary fourth-quarter gross domestic product figures due to be released by the euro zone.
Regional markets on Monday closed slightly higher as investors looked ahead to a slew of earnings, data and central bank announcements through the week.

Technical analysis

Ger 40 Index Analysis Technical analysis 30/01/2024
Time Frame: 1 hour

GER40 Support & Resistance Table - 30/01/2024

Support & Resistance Level Explanation
Resistance 2 17206.6 Daily R2
Resistance 1 17158.4 Daily R1
Support 1 17029.6 Daily S1
Support 2 16981.4 Daily S2

GER40 Indicator Table - 30/01/2024

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

GER40 Indicator / Period Table - 30/01/2024

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

GER40 30/01/2024 - Reference Price : 17082.0

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