NEWS: GER40 price is increasing 0.5% ahead of Trump – Putin meeting in Alaska happening today
Possible Scenarios:
If GER40 fails to breach through R1 of 24636.99, our Research Department expects the GER40 to undergo a short- term downward correction.
If GER40 manages to break above its R1 of 24636.99, our Research Department expects the GER40 to extend its gains to its R2 of 24710.25.
Support and Resistance Levels:
GER40 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
24295.08 |
24368.35 |
24441.61 |
24539.30 |
24636.99 |
24710.25 |
24783.52 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $116.85 |
(+/-) €100 |
(+/-) £73.77 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.16849
***GBP/USD = 1.35560
Calculations for exchange rate used as of Friday, August 15, 2025, 09:20 GMT+1