CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Ger 40 Index Analysis

US Session Analysis for CFD Instruments 20/12/2024

Fundamental analysis

20 December, 2024

In the European session, the German Benchmark Index traded below 19,900 levels.

The GER 40 lost ground today as political uncertainty grips Germany as well as a potential trade war with the United States. Furthermore, the German Producer Price Index came out higher than expected creating negative pressures on stock indices.

Technical analysis

Ger 40 Index Analysis Technical analysis 20/12/2024
Time Frame: 1 hour

GER40 Support & Resistance Table - 20/12/2024

Support & Resistance Level Explanation
Resistance 2 20047.5 Daily R2
Resistance 1 19989.0 Daily R1
Support 1 19833.0 Daily S1
Support 2 19774.5 Daily S2

GER40 Indicator Table - 20/12/2024

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

GER40 Indicator / Period Table - 20/12/2024

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

GER40 20/12/2024 - Reference Price : 19891.0

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (0)Sell (3)
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