NEWS: GER40 price is falling -1.0% as US President Donald Trump is scheduled to announce new EU tariffs
Possible Scenarios:
If GER40 fails to breach through S2 of 24257.60, our Research Department expects the GER40 to undergo a short- term upward correction.
If GER40 manages to break below its S2 of 24257.60, our Research Department expects the GER40 to extend its losses to its S3 of 24162.28
Support and Resistance Levels:
GER40 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
24162.28 |
24257.60 |
24352.91 |
24480.00 |
24607.09 |
24702.40 |
24797.72 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $116.82 |
(+/-) €100 |
(+/-) £73.89 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.16821
***GBP/USD = 1.35341
Calculations for exchange rate used as of Friday, July 11, 2025, 10:05 GMT+1