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May 21, 2026
NEWS: GER40 price is falling -1.4% amid higher energy prices and heightened geopolitical tensions in the Middle East following Iran’s supreme leader hardening stance on enriched uranium.
Possible Scenarios:
If GER40 fails to breach through S1 of 24423.80, our Analysis Department expects GER40 to undergo a short- term upward correction.
If GER40 manages to break below its S1 of 24423.80, our Analysis Department expects the GER40 to extend its losses to its S2 of 24254.15
Support and Resistance Levels:
|
GER40 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
24084.50 |
24254.15 |
24423.80 |
24650.00 |
24876.20 |
25045.85 |
25215.50 |
Potential Profit or Potential Loss Calculations:
|
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) 116.09 |
(+/-) 100 |
(+/-) 86.43 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.16088
***GBP/USD = 1.34312
Calculations for exchange rate used as of Thursday, May 21, 2026, 12:17 GMT+1