NEWS: GER40 price is increasing 1.4% as the Bessent – He Lifeng meeting is underway, lifting trade optimism
Possible Scenarios:
If GER40 fails to breach through R2 of 24453.16, our Research Department expects the GER40 to undergo a short- term downward correction.
If GER40 manages to break above its R2 of 24453.16, our Research Department expects the GER40 to extend its gains to its R3 of 24560.80.
Support and Resistance Levels:
|
GER40 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
23843.20 |
23950.84 |
24058.48 |
24202.00 |
24345.52 |
24453.16 |
24560.80 |
Potential Profit or Potential Loss Calculations:
|
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $116.47 |
(+/-) €100 |
(+/-) £74.59 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.16471
***GBP/USD = 1.34073
Calculations for exchange rate used as of Monday, October 20, 2025, 14:55 GMT+1