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FxWirePro- Major European Indices

Germany DAX - 18479 (0.19% ) Major resistance- 19000 Near-term resistance - 18582, 18721. Minor support- 18350, 18270, 18214 (200- 8 H EMA),18000 Trend reversal level- 17000 The pair holds below short-term (34 EMA, above…

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FxWirePro- Major European Indices
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Germany DAX -  18479 (0.19% )

 

Major resistance- 19000

 

Near-term resistance - 18582, 18721.

 

Minor support- 18350, 18270, 18214 (200- 8 H EMA),18000

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX- neutral (4-hour chart)

 

CCI (50)-Bearish

 

CCI (14)- Bearish

 

RSI - 39.44 (4-hour chart)

 

 

France CAC -  7457 (0.33% )

 

Major resistance- 8250

 

Near-term resistance - 7508 /7619 (200- 8H EMA)

 

Minor support- 7365/7281/7220.

Trend reversal level- 7000

 

Indicators

 

ADX- Bearish (4-hour chart)

 

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

 

RSI - 40.58 (4-hour chart)

 

UK FTSE 100 - 8228 (-0.44% )

 

Major resistance- 8500

 

Near-term resistance - 8274 (55-4H EMA)/8337/8369

 

Minor support- 8150,8000.

Trend reversal level- 7900

 

Indicators

 

ADX- Bearish  (4-hour chart)

 

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

 

RSI -  46.16 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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