DAX

Market Review 30-04

Market Review 30-04

If the German leading index breaks the resistance levels at 12300 points, the aim will be reaching and testing the zone 12390. If it is successful, the upward trend will continue to 124939 points. If the DAX drops below the support levels at 12270, it will try to find next support at 12218.1 – 12214.9.

DAX

Pivot- 12295

Long above 12300 with target 12390 in extension

Short below 12270 with target 12218

Number of Lots:
Required Margin:
Risk Management (200%):
Potential Profit / Loss @ 12390
0.5
€ 30,737.50
€ 61,475.00
€ 4,750.00
1
€ 61,475.00
€ 122,950.00
€ 9,500.00
5
€ 307,375.00
€ 614,750.00
€ 47,500.00
10
€ 614,750.00
€ 1,229,500.00
€ 95,000.00
20
€ 1,229,500.00
€ 2,459,000.00
€ 190,000.00

GBPUSD

This morning the currency pair is trading at 1.2940., if GBP breaks the resistance levels at 1.2950 -, the aim will be reaching and testing the zone 1.2969 – 1.2970. If it is successful, the upward trend will
continue to 1.3015. If GBP drops below the support levels at 1.2908, it will try to find next support at 1.2880.

Pivot-1.2940

Long above 1.2940 with 1.2970 & 1.3015 in extension

Short below 1.2900 with target 1.2870

Number of Lots:
Required Margin:
Risk Management (200%):
Potential Profit / Loss @ 1.3015
1
€ 3,856.69
€ 7,713.37
€ 660.00
5
€ 19,283.43
€ 38,566.86
€ 3,300.00
10
€ 38,566.86
€ 77,133.71
€ 6,600.00
25
€ 96,417.14
€ 192,522.43
€ 16,500.00
50
€ 192,834.28
€ 385,668.56
€ 33,000.00

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.99% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Find more details about risk here.

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