NEWS: GER40 price is increasing 1.0% ahead of Eurozone CPI inflation data
Possible Scenarios:
If GER40 fails to breach through R2 of 22804.99, our Research Department expects the GER40 to undergo a short- term downward correction.
If GER40 manages to break above its R2 of 22805, our Research Department expects the GER40 to extend its gains to its R3 of 22946.20.
Support and Resistance Levels:
GER40 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
22004.80 |
22146.01 |
22287.22 |
22475.50 |
22663.78 |
22804.99 |
22946.20 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $108.14 |
(+/-) €100 |
(+/-) £77.34 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.08144
***GBP/USD = 1.29294
Calculations for exchange rate used as of Tuesday, April 1, 2025, 09:45 GMT+1