Technicals

Add as a preferred source on Google

FxWirePro- Major European Indices

Germany DAX - 18626 (0.59% ) Major resistance- 19000 Near-term resistance - 18700,18900 Minor support- 18465, 18400,18356,18216 (200- 8 H EMA),18000 Trend reversal level- 17000 The pair hold above short-term (34 EMA, 55 …

1 min read
FxWirePro- Major European Indices
Image from the original EconoTimes article

Read the original article

Germany DAX -  18626 (0.59% )

 

Major resistance- 19000

 

Near-term resistance - 18700,18900

 

Minor support- 18465, 18400,18356,18216 (200- 8 H EMA),18000

 

Trend reversal level- 17000

 

The pair hold above short-term (34 EMA, 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)- Bullish

 

RSI - 56.96 (4-hour chart)

 

 

France CAC -  7456 (0.02% )

 

Major resistance- 8250

 

Near-term resistance - 7530 /7557 (61.8% fib)/7600/7695

 

Minor support- 7385/ 7362/7281/7220.

Trend reversal level- 7000

 

Indicators

 

ADX- Bearish (4-hour chart)

 

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

 

RSI - 49.45 (4-hour chart)

 

UK FTSE 100 - 8242 (-0.15% )

 

Major resistance- 8500

 

Near-term resistance - 8300/8337/8369

 

Minor support- 8200,8150,8000.

Trend reversal level- 7900

 

Indicators

 

ADX- Neutral  (4-hour chart)

 

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

 

RSI -  50 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560