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FxWirePro -Major European Indices

Germany DAX - 18664 (0.25% ) Major resistance- 18900 Near-term resistance - 18700,18790 (Jul 12th high) and 18925 (May 2024 high) Minor support- 18554,18460,18321 (34-4H EMA), 18240 (55-4H EMA ) Trend reversal level- 170…

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FxWirePro -Major European Indices
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Germany DAX -  18664 (0.25% )

 

Major resistance- 18900

 

Near-term resistance - 18700,18790 (Jul 12th high) and 18925 (May 2024 high)

 

Minor support-  18554,18460,18321 (34-4H EMA), 18240 (55-4H EMA )

 

Trend reversal level- 17000

 

The pair holds above short-term (34, 55 EMA) and long-term (200 EMA) in a 4-hour chart.

 

Indicators

 

ADX- Bullish  (4-hour chart)

 

CCI (50) and CCI (14)- Bullish (4- hour chart)

 

RSI - 73.79 (4-hour chart)

 

France CAC -  7626 (+0.39% )

 

Major resistance- 8250

 

Near-term resistance - 7641 (50% Fib retracement) and 7750

 

Minor support-  7534 (200- 4H EMA),7497 and 7460 (34 and 55 4H EMA)

Trend reversal level- 7000

 

Indicators

 

ADX- Bullish  (4-hour chart)

 

CCI (50) and CCI (14)- Bullish (4- hour chart)

 

RSI - 71.02 (4-hour chart)

 

UK FTSE 100 - 8378 (0.53% )

 

Major resistance- 8800

 

Near-term resistance - 8415 (Jul 31st, 2024),8484 (May 15th 2024 high)

 

Minor support- 8300 and 8285 (34 and 55 -4H EMA), 8232 (200- 4H EMA),8090 (61.% Fib)

Trend reversal level- 7900

 

Indicators

 

ADX- Bullish  (4-hour chart)

 

CCI (50) and CCI (14)- Bullish (4- hour chart)

 

RSI - 66.27 (4-hour chart)

 

 

 

 

 

 

 

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