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FxWirePro-Major European Indices

Germany DAX - 18872 (-0.70% ) Major resistance- 20000 Near-term resistance - 18900,19000 Minor support- 18725, 18610,18538,18490, 18375 (200- 4H EMA) Trend reversal level- 17000 The pair hold above short term (34 EMA , 5…

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FxWirePro-Major European Indices
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Germany DAX -  18872 (-0.70% )

 

Major resistance-  20000

 

Near-term resistance - 18900,19000

 

Minor support-  18725, 18610,18538,18490, 18375 (200- 4H EMA)

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX- neutral (4-hour chart)

 

CCI (50)-Bullish

 

CCI (14)- Bullish

 

RSI - 64 (4-hour chart)

 

 

France CAC -  7583 (0.62% )

 

Major resistance- 8250

 

Near-term resistance - 7600/7695

 

Minor support- 7494/7449/ 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 - 70.62 (4-hour chart)

 

UK FTSE 100 - 8284 (-0.42% )

 

Major resistance- 8500

 

Near-term resistance -8350/8369,8420

 

Minor support- 8250,8200,8000.

Trend reversal level- 7900

 

 

Indicators

 

ADX- Bullish  (4-hour chart)

 

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

 

RSI -  47.54 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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