The German benchmark index slips on Thursday, but the losses have been limited so far.
D1 chart
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile appThe DE30 is correcting a small part of its recent rally after the rise above yesterday's daily high was not sustainable. On Wednesday, the index rose around 240 points to close above resistance at 14,182 points, which may have signalled a short-term change in direction.
Source: xStation5
H1 chart
The DE30 confirmed the short-term uptrend with a higher high last night, after using the area around 13,850 points (local low from a week ago) as support. The next potential upside target would be the April 21 high at 14,616 points.
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.
