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 02/01/2025

Fundamental analysis

02 January, 2025

In the European session, the German Benchmark Index traded below 20,050 levels.

Germany's Manufacturing PMI declined from 45.2 to 45.1 at the end of the year, aligning with expectations but pulling the German index down from its five-day high. Despite this, the GER 40 ended last year with an impressive 18% gain

Technical analysis

Ger 40 Index Analysis Technical analysis 02/01/2025
Time Frame: 1 hour

GER40 Support & Resistance Table - 02/01/2025

Support & Resistance Level Explanation
Resistance 2 20242.4 Daily R2
Resistance 1 20139.0 Daily R1
Support 1 19863.0 Daily S1
Support 2 19759.6 Daily S2

GER40 Indicator Table - 02/01/2025

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 - 02/01/2025

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

GER40 02/01/2025 - Reference Price : 19991.0

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