GER40 price is rising 1.3%
October 29, 2026
NEWS: GER40 price is rising 1.3% after the European Central Bank (ECB) kept its main refinancing rate unchanged at 2.65%.
Possible Scenarios:
If GER40 fails to breach through R1 of 26200.86, our Analysis Department expects GER40 to undergo a short- term downward correction.
If GER40 manages to break above its R1 of 26200.86, our Analysis Department expects the GER40 to extend its gains to its R2 of 26309.13.
Support and Resistance Levels:
|
GER40 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
25695.60 |
25803.87 |
25912.14 |
26056.50 |
26200.86 |
26309.13 |
26417.40 |
Potential Profit or Potential Loss Calculations:
|
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) 111.23 |
(+/-) 100 |
(+/-) 83.55 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.11233
***GBP/USD = 1.33131
Calculations for exchange rate used as of Thursday, October 29, 2026, 13:19 GMT