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FxWirePro- Major European Indices

Germany DAX - 18720 (-0.35% ) Major resistance- 19000 Near-term resistance - 18800,18900 Minor support- 18538,18490, 18400,18356,18249 (200- 8 H EMA),18000 Trend reversal level- 17000 The pair holds above short-term (34 …

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FxWirePro- Major European Indices
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Germany DAX -  18720 (-0.35% )

 

Major resistance- 19000

 

Near-term resistance - 18800,18900

 

Minor support-  18538,18490, 18400,18356,18249 (200- 8 H EMA),18000

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX- neutral (4-hour chart)

 

CCI (50)-Bullish

 

CCI (14)- Bullish

 

RSI - 59.73 (4-hour chart)

 

 

France CAC -  7467 (-0.13% )

 

Major resistance- 8250

 

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

 

Minor support- 7435/ 7362/7281/7220.

Trend reversal level- 7000

 

Indicators

 

ADX- Neutral (4-hour chart)

 

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

 

RSI - 51.17 (4-hour chart)

 

UK FTSE 100 - 8259 (-0.39% )

 

Major resistance- 8500

 

Near-term resistance -8305/8369,8420

 

Minor support- 8250,8200,8000.

Trend reversal level- 7900

 

Indicators

 

ADX- Bullish  (4-hour chart)

 

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

 

RSI -  45.39 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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