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 40 Index Analysis

US Session Analysis for CFD Instruments 24/10/2022

Fundamental analysis

24 October, 2022

German and European stock markets traded in a mixed fashion Monday, with investors weighing up further central bank tightening ahead of the likely announcement of a new U.K. political leader as well as quarterly results from Europe’s top investment banks. Economic data released earlier Monday showed that the important German manufacturing sector has retreated further into contraction territory, with the country’s manufacturing PMI falling to 45.7 in October, from 47.8 the previous month.

Technical analysis

Ger 40 Index Analysis Technical analysis 24/10/2022
Time Frame: 1 hour

GER40 Support & Resistance Table - 24/10/2022

Support & Resistance Level Explanation
Resistance 2 13126.0 Daily R2
Resistance 1 13038.6 Daily R1
Support 1 12805.4 Daily S1
Support 2 12718.0 Daily S2

GER40 Indicator Table - 24/10/2022

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

GER40 Indicator / Period Table - 24/10/2022

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

GER40 24/10/2022 - Reference Price : 12918.5

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