NEWS: GER40 price is falling 1% as Eurozone Industrial Production (September) data came lower than expected (0.2% vs. 0.7% expected).
Possible Scenarios:
If GER40 fails to breach through S1 of 24217.58, our Research Department expects GER40 to undergo a short- term upward correction.
If GER40 manages to break below its S1 of 24217.58, our Research Department expects GER40 to extend its losses to its S2 of 24119.02.
Support and Resistance Levels:
|
GER40 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
24020.46 |
24119.02 |
24217.58 |
24349.00 |
24480.42 |
24578.98 |
24677.54 |
Potential Profit or Potential Loss Calculations:
|
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $116.17 |
(+/-) €100 |
(+/-) £88.29 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.16175
***GBP/USD = 1.31573
Calculations for exchange rate used as of Thursday, November 13, 2025, 11:00 GMT