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FxWirePro-Major European Indices

Germany DAX - 18599 (-0.79% ) Major resistance- 19000 Near-term resistance - 18707, 18800,19000, 19270(127.2% fib). Minor support- 18438 (55- 8H EMA), 18191 (200 8H EMA), 18000. Trend reversal level- 17000 The pair holds…

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FxWirePro-Major European Indices
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Germany DAX -  18599 (-0.79% )

 

Major resistance- 19000

 

Near-term resistance - 18707, 18800,19000, 19270(127.2% fib).

 

Minor support-  18438 (55- 8H EMA), 18191 (200 8H EMA), 18000.

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX- neutral (4-hour chart)

 

CCI (50)-Bullish

 

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

 

RSI - 40.85 (4-hour chart)

 

 

France CAC -  7508 (-0.46% )

 

Major resistance- 8250

 

Near-term resistance - 7580/7645/7700.

 

Minor support- 7480/7432

Trend reversal level- 7000

 

Indicators

 

ADX- Neutral (4-hour chart)

 

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

 

RSI - 49.71 (4-hour chart)

 

UK FTSE 100 - 8226 (-0.38% )

 

Major resistance- 8500

 

Near-term resistance - 8260,8305/8325.

 

Minor support- 8200 8140.

Trend reversal level- 7900

 

 

Indicators

 

ADX- Bearish  (4-hour chart)

 

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

 

RSI -  32.35 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

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