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June 3, 2026
NEWS: GER40 price is falling -0.9% as renewed U.S.–Iran hostilities pushed energy prices higher, raising costs for Germany’s export-oriented economy and weighing on investor sentiment.
Possible Scenarios:
If GER40 fails to breach through S1 of 24818.80, our Analysis Department expects GER40 to undergo a short- term upward correction.
If GER40 manages to break below its S1 of 24818.80, our Analysis Department expects the GER40 to extend its losses to its S2 of 24723.40
Support and Resistance Levels:
|
GER40 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
24628.00 |
24723.40 |
24818.80 |
24946.00 |
25073.20 |
25168.60 |
25264.00 |
Potential Profit or Potential Loss Calculations:
|
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) 116.08 |
(+/-) 100 |
(+/-) 86.35 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.16083
***GBP/USD = 1.34428
Calculations for exchange rate used as of Wednesday, June 3, 2026, 10:03 GMT+1