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 03/10/2023

Fundamental analysis

03 October, 2023

Trading on Monday saw the German Benchmark Index trading lower at 15,196.32.

European markets are heading for a flat to lower open as investors digest gloomy economic data from the region.

European stock markets closed lower Monday as data revealed an outgoing downturn in manufacturing output, as new orders fell by a near-record level.

Technical analysis

Ger 40 Index Analysis Technical analysis 03/10/2023
Time Frame: 1 hour

GER40 Support & Resistance Table - 03/10/2023

Support & Resistance Level Explanation
Resistance 2 15455.3 Daily R2
Resistance 1 15385.5 Daily R1
Support 1 15199.5 Daily S1
Support 2 15129.7 Daily S2

GER40 Indicator Table - 03/10/2023

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 - 03/10/2023

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

GER40 03/10/2023 - Reference Price : 15292.5

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