GER40 Analysis: Germany’s economic expansion is imminent
Fundamental Analysis of GER40GER40 Key Takeaways
- German economic expansion is imminent: On March 18, local time, the German Bundestag passed a 100 billion euro fiscal plan with a majority of more than two-thirds. The next step is to obtain approval from the Bundesrat on March 21. The Union Party, the Social Democratic Party and the Green Party have basically obtained enough votes in the Senate, but further negotiations are still needed on some details.
- Speech by the President of the European Commission: European Commission President von der Leyen delivered a speech on European defense. She said that by 2030, Europe must have a strong European defense posture, and the security architecture that the EU relies on can no longer be taken for granted.
- Ultima Markets Elon: This is a landmark fiscal spending plan, a major step towards providing hundreds of billions of euros in debt financing for Germany’s defense and infrastructure. It will largely release defense spending by relaxing debt restrictions, and also announce the end of the country’s decades of fiscal austerity.
Technical Analysis of GER40 Daily and Hourly ChartsGER40 Daily Chart Insights
(GER40 Daily Price Chart, Source: Ultima Markets MT4)
- Stochastic oscillator: The fast line of the indicator crosses the slow line below the 50 median line, sending a bullish signal, clarifying the bullish rise in the market price trend.
- Adjustment may be in place: The DAX closed with a cross star after approaching the Fibonacci 1.382 extension level last Tuesday, which is the adjustment target price of the extended platform type in the wave theory. The sharp rise last Friday reversed the downward trend. It is currently close to the historical high, and it is under pressure in the short term, but it is a high probability event to continue to rise in the long term.
GER40 H1 Chart Analysis
(GER40 H1 Price Chart, Source: Ultima Markets MT4)
- Stochastic oscillator: The indicator and the market price form a top divergence pattern, suggesting that the short-term market price will fluctuate and adjust for a period of time. Be alert to the exchange rate
- The lower support: The market price has confirmed the strong bulls after accelerating the breakthrough of the upward channel. Based on the current logic of adjustment, continue to pay attention to whether there are opportunities to enter the market with the lower channel line and the retracement price.
How to Navigate the Forex Market with Ultima Markets To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you with valuable insights to empower your financial journey.
For personalized guidance tailored to your specific financial situation, please do not hesitate to contact Ultima Markets.
Join Ultima Markets today and access a comprehensive trading ecosystem equipped with the tools and knowledge needed to thrive in the financial markets.
Stay tuned for more updates and analyses from our team of experts at Ultima Markets.
Learn more: https://bit.ly/4gWTyEA
—–
Legal Documents
Ultima Markets, a trading name of Ultima Markets Ltd, is authorized and regulated by the Financial Services Commission “FSC” of Mauritius as an Investment Dealer (Full-Service Dealer, excluding Underwriting) (license No. GB 23201593). The registered office address: 2nd Floor, The Catalyst, 40 Silicon Avenue, Ebene Cybercity, 72201, Mauritius.
Copyright © 2025 Ultima Markets Ltd. All rights reserved.
Disclaimer
Comments, news, research, analysis, price, and all information contained in the article only serve as general information for readers and do not suggest any advice. Ultima Markets has taken reasonable measures to provide up-to-date information, but cannot guarantee accuracy, and may modify without notice. Ultima Markets will not be responsible for any loss incurred due to the application of the information provided.