NEWS: GER40 price is increasing 0.6% following better than expected Eurozone employement and GDP data
Possible Scenarios:
If GER40 fails to breach through R2 of 24115.18, our Research Department expects the GER40 to undergo a short- term downward correction.
If GER40 manages to break above its R2 of 24115.18, our Research Department expects the GER40 to extend its gains to its R3 of 24185.54.
Support and Resistance Levels:
|
GER40 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
23716.46 |
23786.82 |
23857.18 |
23951.00 |
24044.82 |
24115.18 |
24185.54 |
Potential Profit or Potential Loss Calculations:
|
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $116.54 |
(+/-) €100 |
(+/-) £74.92 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.16544
***GBP/USD = 1.33482
Calculations for exchange rate used as of Friday, December 5, 2025, 10:05 GMT