CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

Ger 30 Index Analysis

US Session Analysis for CFD Instruments 12/02/2021

Fundamental analysis

12 February, 2021

German and European stock markets weakened Friday, ending the week on a cautious note after the U.K. recorded the biggest economic slump on record impacting on sentiment in mainland Europe as well causing fears that the German economy may also take longer than expected to recover. Yesterday’s announcement that lockdowns in Germany would be slightly extended despite falling new case numbers also put pressure on the GER30.

Technical analysis

Ger 30 Index Analysis Technical analysis 12/02/2021
Time Frame: 1 hour

GER30 Support & Resistance Table - 12/02/2021

Support & Resistance Level Explanation
Resistance 2 14075.4 Daily R2
Resistance 1 14027.9 Daily R1
Support 1 13901.1 Daily S1
Support 2 13853.6 Daily S2

GER30 Indicator Table - 12/02/2021

Indicator Signal
SMA 20 Sell
SMA 50 Buy
SMA 100 Buy
MACD( 12;26;9) Buy
RSI (14) Sell
Stochastic ( 9;6;3) Neutral

GER30 Indicator / Period Table - 12/02/2021

Indicator / Period Day - SellWeek - BuyMonth - Buy
MACD( 12;26;9) Buy BuyBuy
RSI (14) Sell BuyBuy
SMA 20 Sell BuyBuy

GER30 12/02/2021 - Reference Price : 13964.5

Sell
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (1)Sell (1)
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