The German benchmark index gives up part of the week's gains.
D1 chart
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile appThe DE30 fluctuates between gains and losses on Thursday ahead of the ECB's interest rate decision. On Wednesday, the index retreated after a false breakout at resistance at 13,419 points. A sustained break would significantly improve the outlook.
Source: xStation5
H4 chart
The DE30 bounced twice off the 50% retracement of the previous upward impulse during its recent correction and has since oscillated around the 13,200 point level. A trend continuation is most likely - but the bulls would have to break through resistance at 13,419 points to do so.
Source: xStation5
Maximilian Wienke, CFTe
XTB Germany
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
