GER 40 Index Weekly Special Report based on 1.00 Lot Calculation:
- The GER40 index represents the DAX 40 index in Germany, which includes companies such as Adidas, Bayer, Daimler, Deutsche Bank, Siemens, BMW, E.ON and etc. In essence, the index includes the most valuable and advanced companies in Germany, the largest economy in Europe.
- EVENT (THURSDAY, JANUARY 30 AT 09:00 GMT): GERMANY GROSS DOMESTIC PRODUCT (GDP) (Q4). The quarterly percent changes in GDP show the growth rate of the economy as a whole, and a stronger reading should indicate that the GER40 index should rise in value.
- EVENT (THURSDAY, JANUARY 30 AT 13:15 GMT): EUROPEAN CENTRAL BANK (ECB) INTEREST RATE CUT DECISION. The decision will be followed by a press conference at 13:45 GMT. The ECB cut its benchmark interest rate in December from 3.40% to the current 3.15%, and investors expect the ECB could continue with their rate-cutting cycle on. The benchmark interest rate in the Eurozone is now expected to be slashed to 2.90%. If the ECB does decide on an interest rate cut, this could push the GER40 higher, as borrowing costs for businesses could become lower and therefore allow for the economy to grow and expand.
- GER40 INDEX HIT AN ALL-TIME HIGH OF 21,643 (JANUARY 24, 2025): THE INDEX HAS RISEN AROUND 16% SINCE ECB STARTED CUTTING INTEREST RATES IN JUNE 2024. Further interest rate cuts on January 30 are being priced in by the market in advance, which is creating upward pressure for this major index.
GER40, January 28, 2025
Current Price: 21,500
|
GER40 |
Weekly |
|
Trend direction |
|
|
23,500 |
|
|
22,750 |
|
|
22,250 |
|
|
20,900 |
|
|
20,700 |
|
|
20,500 |
Example of calculation based on weekly trend direction for 1.00 Lot1
|
Pivot Points |
||||||
|
Profit or loss in $2 |
20,865 |
13,041 |
7,824 |
-6,260 |
-8,346 |
-10,433 |
|
Profit or loss in € |
20,000 |
12,500 |
7,500 |
-6,000 |
-8,000 |
-10,000 |
|
Profit or loss in £2 |
16,774 |
10,484 |
6,290 |
-5,032 |
-6,710 |
-8,387 |
|
Profit or loss in C$2 |
30,064 |
18,790 |
11,274 |
-9,019 |
-12,026 |
-15,032 |
- 1.00 lot is equivalent of 10 units
- Calculations for exchange rate used as of 11:20 (GMT) 1/28/2025
There is a possibility to use Stop-Loss and Take-Profit.
- You may wish to consider closing your position in profit, even if it is lower than suggested one.
- Trailing stop technique could protect the profit.