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. 70.41% 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 05/07/2024

Fundamental analysis

05 July, 2024

In the Asian session, the German Benchmark Index traded slightly lower, above 18,600 levels.

European stocks are expected to open on a mixed note on Friday, lacking clear direction from Wall Street.

Investors will be closely watching the release of industrial production data from Germany, U.K. house price figures, and Eurozone retail sales data, which are set to headline a busy day for European economic news.

On Thursday, European stocks closed higher as the U.K. elections commenced, and polls indicated that Marine Le Pen's National Rally and its allies would fall well short of achieving an absolute majority in Sunday’s French parliamentary election.

The pan-European STOXX 600 index gained 0.6 percent, the German DAX edged up 0.4 percent, France's CAC 40 rose by 0.8 percent, and the U.K.'s FTSE 100 climbed 0.9 percent.

Technical analysis

Ger 40 Index Analysis Technical analysis 05/07/2024
Time Frame: 1 hour

GER40 Support & Resistance Table - 05/07/2024

Support & Resistance Level Explanation
Resistance 2 18762.7 Daily R2
Resistance 1 18702.8 Daily R1
Support 1 18543.2 Daily S1
Support 2 18483.3 Daily S2

GER40 Indicator Table - 05/07/2024

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

GER40 Indicator / Period Table - 05/07/2024

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

GER40 05/07/2024 - Reference Price : 18619.0

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (1)
Share It With Your Network
Ger40 Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now