Key Support Zones: 11200, 10800, 10400
Germany 30 (DE30EUR) Long-term Trend: Bullish
The current upward move has been hampered at 10756 resistance. The bulls have made two unsuccessful attempts to break the resistance. Presently, price is falling after being repelled at the resistance. The market falls to 10000 support and resumed upward move. Presently, the index is being supported by the 21-day SMA.
Daily Chart Indicators Reading:
The index is presently at level 51 of the Relative Strength Index period 14. This indicates that the market is in the uptrend zone and above the centerline 50. The market is currently fluctuating as a result of the current resistance.
Germany 30 (DE30EUR) Medium-term Trend: Bullish
On the 4- hour chart, the index is now in an uptrend. The upward move is hindered because of the resistance of 10756. The price is falling and if it breaks below the resistance, the downward move will resume.
4-hour Chart Indicators Reading
The index is currently above 80 % range of the daily stochastic. The market is in the overbought region. Sellers are emerging to push the index downward. It is unclear the extent of the downward move. The moving averages are sloping upward indicating upward.
General Outlook for Germany 30 (DE30EUR)
The market is currently facing resistance at 10756. The upward move has been interrupted by the resistance. Germany 30 will rise to 12000 if the current resistance is broken. The market is likely to drop to the support of 10000.
Note: Learn2Trade.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.