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FxWirePro- Major European Indices

Germany DAX - 18440 (-0.73% ) Major resistance- 19000 Near-term resistance - 18559, 18707. Minor support- 18359 (55- 8H EMA), 18210 (200- 8 H EMA),18000 Trend reversal level- 17000 The pair holds below the short-term (34…

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FxWirePro- Major European Indices
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Germany DAX -  18440 (-0.73% )

 

Major resistance- 19000

 

Near-term resistance - 18559, 18707.

 

Minor support-  18359 (55- 8H EMA), 18210 (200- 8 H EMA),18000

 

Trend reversal level- 17000

 

The pair holds below the 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)-Bearish

 

CCI (14)- Bearish

 

RSI - 42.81 (4-hour chart)

 

 

France CAC -  7393 (-0.59% )

 

Major resistance- 8250

 

Near-term resistance - 7457/7500/ 7544 (200- 4H EMA)/7577.

 

Minor support- 7360/7300/7220.

Trend reversal level- 7000

 

Indicators

 

ADX- Neutral (4-hour chart)

 

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

 

RSI - 24 (4-hour chart)

 

UK FTSE 100 - 8206 (-0.33% )

 

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 -  36.09 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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