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FxWirePro- Major European Indices

Germany DAX - 18862 (-0.36% ) Major resistance- 19000 Near-term resistance - 19000, 19270(127.2% fib) and 19500. Minor support- 18800 (34- H EMA), 18652 (34- 4H EMA),18513 (55- 4H EMA),18302 (200 4H EMA). Trend reversal …

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FxWirePro- Major European Indices
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Germany DAX -  18862 (-0.36% )

 

Major resistance- 19000

 

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

 

Minor support-  18800 (34- H EMA), 18652 (34- 4H EMA),18513 (55- 4H EMA),18302  (200 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- neutral (4-hour chart)

 

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

 

RSI - 65.21 (4-hour chart)

 

 

France CAC -  7629 (-0.29% )

 

Major resistance- 8250

 

Near-term resistance - 7700/7786 (61.8% Fib retracement) and 7935.

 

Minor support-  7592 (34- 4H EMA),7552 (55 4H EMA)

Trend reversal level- 7000

 

Indicators

 

ADX- Neutral (4-hour chart)

 

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

 

RSI - 54. (4-hour chart)

 

UK FTSE 100 - 8324 (-0.56% )

 

Major resistance- 8500

 

Near-term resistance - 8415 (Jul 31st 2024),8484 (May 15th 202764 high)

 

Minor support- 8276 (200- 4H EMA), 8220.

Trend reversal level- 7900

 

 

Indicators

 

ADX- Bearish  (4-hour chart)

 

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

 

RSI -  38.54 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

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