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 31/08/2022

Fundamental analysis

31 August, 2022

German and European stock markets slipped lower Wednesday, weighed by signs of slowing growth in France ahead of the key Eurozone inflation release. All eyes are now likely to be on the release of the latest Eurozone consumer price index later in the session. This is expected to show European inflation hit a record high of 9% in August, putting further pressure on the European Central Bank to aggressively raise interest rates next month.

Technical analysis

Ger 40 Index Analysis Technical analysis 31/08/2022
Time Frame: 1 hour

GER40 Support & Resistance Table - 31/08/2022

Support & Resistance Level Explanation
Resistance 2 13115.4 Daily R2
Resistance 1 13032.3 Daily R1
Support 1 12810.7 Daily S1
Support 2 12727.6 Daily S2

GER40 Indicator Table - 31/08/2022

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

GER40 Indicator / Period Table - 31/08/2022

Indicator / Period Day - SellWeek - SellMonth - Sell
MACD( 12;26;9) Sell SellSell
RSI (14) Neutral SellSell
SMA 20 Sell SellSell

GER40 31/08/2022 - Reference Price : 12912.0

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (1)Sell (1)
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