NEWS: GER40 price is increasing 0.6% ahead of Trump-Putin diplomatic phone call
Possible Scenarios:
If GER40 fails to breach through R2 of 24004.50, our Research Department expects the GER40 to undergo a short- term downward correction.
If GER40 manages to break above its R2 of 24004.50, our Research Department expects the GER40 to extend its gains to its R3 of 24102.00.
Support and Resistance Levels:
GER40 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
23452.00 |
23549.50 |
23647.00 |
23777.00 |
23907.00 |
24004.50 |
24102.00 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $112.5 |
(+/-) €100 |
(+/-) £74.82 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.12498
***GBP/USD = 1.33654
Calculations for exchange rate used as of Monday, May 19, 2025, 15:55 GMT+1