All Articles Tagged - GER30

Stock Market News – Dow, S&P and Nasdaq at record highs; healthcare acts as drag in Europe

Posted on July 27, 2017 at 1:28 pm GMT

All three major US stock indices reached record closing highs during yesterday’s trading, being boosted by significant advancing by Boeing and AT&T which delivered strongly in terms of profitability. In particular, the Dow Jones Industrial Average closed 0.5% up on the day at 21,711.01, the S&P 500 closed only marginally up at 2,477.83 and the Nasdaq Composite finished the day 0.2% higher at 6,422.75. Facebook’s share price hit a record high in premarket trading after the company performed much better [..]

Stock Market News – European equities broadly gain; US indices set to maintain positive momentum

Posted on July 26, 2017 at 1:48 pm GMT

European stock markets were broadly heading higher in today’s trading. US indices such as the S&P 500 and Nasdaq Composite closed at fresh all-time highs yesterday with energy stocks and financials leading the gains, while the blue-chip Dow Jones Industrial Average came close to achieving the same feat. The energy sector was supported by developments in the OPEC/non-OPEC sphere to extend the period of crude production cuts, as well as Saudi Arabia’s pledge to reduce oil exports starting next month. [..]

Stock Market News – Sea of red for European bourses on strong euro; US indices weaken despite soft dollar

Posted on July 21, 2017 at 1:15 pm GMT

All major European bourses declined but a number of blue chips swung into the black thanks to positive updates. The euro’s rally to a two-year high in the past 24-hours has seen the pan-European STOXX 600 turn downwards with the four main country indices falling by more than 1% today. Investors with positions in large European exporters got cold feet today due to the stronger euro, inducing a sea of red across European equity indices. Germany’s DAX fell by 1.6% by [..]

Forex Market Review (European Session) – French election outcome dominates markets; risk-on appetite resumes

Posted on April 24, 2017 at 3:01 pm GMT

There were some economic releases hitting the markets during today’s European session trading, including the German Ifo survey measuring business morale in Europe’s largest economy. But the outcome of the first round of French presidential elections was undoubtedly the factor underlying most major movements in financial markets today. The pro-EU Emmanuel Macron coming in first, ahead of anti-EU rival Marine Le Pen, in the first round of French presidential elections helped boost the euro in today’s trading. Specifically, the single [..]

Technical Analysis – Germany 30 index extends bullish run; Hits 22-month high

Posted on March 2, 2017 at 2:22 pm GMT

The Germany 30 stock index shows no sign of ending its bullish run, which has been in place since early December, as the index hit a 22-month high on Wednesday. Momentum indicators are bullish with both the RSI and the stochastics suggesting there’s room for further gains in the near term. However, both are fast approaching overbought levels, which if crossed, would signal a possible a technical correction. This is also highlighted by the Bollinger bands where prices found resistance [..]

Technical Analysis – Germany 30 stock index bullish in the short- and medium-term

Posted on February 13, 2017 at 8:38 am GMT

The Germany 30 stock index has been posting some gains in today’s trading so far. Should it close higher it will mark the fifth consecutive (trading) day of gains for the index. The short-term sentiment as given by the RSI is bullish, as the indicator is currently at 58, above the 50 mark separating bullish from bearish bias. The stochastics paint a similar picture with the %K line in bullish territory and above the slow %D line. Note though that [..]

Technical Analysis – Germany 30 stock index bullish at 20-month high

Posted on January 27, 2017 at 12:35 pm GMT

The Germany 30 stock index has fallen slightly after recording a 20-month high during yesterday’s trading. The MACD is giving a short-term bullish signal as it is above 0. This is reinforced by the RSI indicator, which is also in bullish territory above 50. Note though that RSI is slightly above the 70 overbought level, perhaps hinting that the recent upside movement is overextended and a short-term reversal could follow. The area around the 11500 key level (between 11450-11550) has [..]

FX Daily Outlook | 13-01-17

Posted on January 13, 2017 at 10:19 am GMT

[..]

Technical Analysis – Germany 30 stock index recording gains, reaching 17-month high

Posted on January 13, 2017 at 9:16 am GMT

The Germany 30 stock index has eased off from the 17-month high reached on January 11, but it has been trading close to that level since. Looking at the Ichimoku analysis, the Tenkan-sen line (red) has been above the Kijun-sen (blue) since late November. This positive alignment is bullish. The index is also currently trading above the cloud, another short to medium-term sign of upside potential. At the time of writing the index is at 11573.50; roughly the level of [..]

Technical Analysis – Germany 30 Cash Index looking bullish at 2016 high

Posted on August 11, 2016 at 3:02 pm GMT

The Germany 30 cash index hit the highest level since December 2015 today as it extended its post-Brexit gains. The rally has taken prices above the 50- and 200-day moving averages and above the Ichimoku cloud. The tenkan-sen and kijun-sen lines are positively aligned and rising, and the positive momentum is further supported by the RSI holding close to the 70 level. Today’s intra-day peak of 10740.30 is the nearest resistance should prices attempt fresh yearly highs. Further gains could [..]

Legal disclaimer: The material does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instruments. XM accepts no responsibility for any use that may be made of these comments and for any consequences resulting in it. No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. The research and analysis does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it.

It has not been prepared in accordance with legal requirements designed to promote the independence of research, and as such it is considered to be marketing communication. Although we are not specifically constrained from dealing ahead of the publication of our research, we do not seek to take advantage of it before we provide it to our clients. We aim to establish, maintain and operate effective organisational and administrative arrangements with a view to taking all reasonable steps to prevent conflicts of interest from constituting or giving rise to a material risk of damage to the interests of our clients. We operate a policy of independence, which requires our employees to act in our clients’ best interests and to disregard any conflicts of interest in providing our services.

CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losing all of your invested capital, so please make sure that you fully understand the risks involved.

GER30

XM Live Chat