FxWirePro- Major European Indices

Major European Indices

Germany DAX -  18938 (0.14% )

Major resistance- 19000

Near-term resistance - 19000, 19270(127.2% fib) and 19500.

Minor support-  18795 (34- H EMA), 18707 (55- 4H EMA),18422, 18372 (200 H 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 - 78.82 (4-hour chart)

France CAC -  7677 (+0.64% )

Major resistance- 8250

Near-term resistance - 7786 (61.8% Fib retracement) and 7935.

Minor support-  7560 (34- 4H EMA),7518 (55 4H EMA)

Trend reversal level- 7000

Indicators

ADX- Bullish  (4-hour chart)

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

RSI - 69.63 (4-hour chart)

UK FTSE 100 - 8411(0.10% )

Major resistance- 8500

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

Minor support- 8350 and 8330 (34 and 55 -4H EMA), 8254 (200- 4H EMA),8264 (200-4H EMA)

Trend reversal level- 7900

Indicators

ADX- Bullish  (4-hour chart)

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

RSI -  64.12 (4-hour chart)