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FxWirePro- Major European Indices

Germany DAX - 18613 (0.12% ) Major resistance- 19000 Near-term resistance - 18707, 18800,19000, 19270(127.2% fib). Minor support- 18537 (55- 4H EMA),18450 (55- 8H EMA), 18200 (200 8H EMA), 18000. Trend reversal level- 17…

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FxWirePro- Major European Indices
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Germany DAX -  18613 (0.12% )

 

Major resistance- 19000

 

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

 

Minor support-  18537 (55- 4H EMA),18450 (55- 8H EMA), 18200 (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 the 4-hour chart.

 

Indicators  (4-hour chart)

 

ADX- neutral (4-hour chart)

 

CCI (50)-Bullish

 

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

 

RSI - 41. 73(4-hour chart)

 

France CAC -  7481 (-0.16% )

 

Major resistance- 8250

 

Near-term resistance - 7540/7570/7645/7700.

 

Minor support- 7460/7439/7360

Trend reversal level- 7000

 

Indicators

 

ADX- Neutral (4-hour chart)

 

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

 

RSI - 32.73 (4-hour chart)

 

UK FTSE 100 - 8273 (0.30% )

 

Major resistance- 8500

 

Near-term resistance - 8305/8337/8369

 

Minor support- 8200 8140.

Trend reversal level- 7900

 

 

Indicators

 

ADX- Bearish  (4-hour chart)

 

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

 

RSI -  35.76 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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