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 15/01/2024

Fundamental analysis

15 January, 2024

Trading in Europe saw the German Benchmark Index trading today at 16,667.
European stock markets edged higher Monday, with activity limited due to a U.S. holiday and the start of the annual World Economic Forum in Davos.
European equity markets have continued the positive tone seen at the end of last week, amid confidence that central banks will start cutting interest rates pretty quickly this year as inflation retreats.
In Europe, consumer inflation rose to 2.9% in December, reversing six months of consecutive falls, but this rise is widely seen as a blip with growth hard to find in the eurozone.
Germany’s gross domestic product data for 2023 will be released later Monday, and is expected to show that the eurozone’s largest economy contracted last year.

Technical analysis

Ger 40 Index Analysis Technical analysis 15/01/2024
Time Frame: 1 hour

GER40 Support & Resistance Table - 15/01/2024

Support & Resistance Level Explanation
Resistance 2 16925.1 Daily R2
Resistance 1 16862.7 Daily R1
Support 1 16696.3 Daily S1
Support 2 16633.9 Daily S2

GER40 Indicator Table - 15/01/2024

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 - 15/01/2024

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

GER40 15/01/2024 - Reference Price : 16779.5

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