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FxWirePro-Major European Indices

Germany DAX - 18980 (0.73% ) Major resistance- 20000 Near-term resistance - 19200,19570 Minor support- 18800, 18678,18600,18538,18490, 18418 (200- 4H EMA) Trend reversal level- 17000 The pair holds above short-term (34 E…

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FxWirePro-Major European Indices
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Germany DAX -  18980 (0.73% )

 

Major resistance-  20000

 

Near-term resistance - 19200,19570

 

Minor support-  18800, 18678,18600,18538,18490, 18418 (200- 4H EMA)

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX- neutral (4-hour chart)

 

CCI (50)-Bullish

 

CCI (14)- Bullish

 

RSI - 56.48 (4-hour chart)

 

 

France CAC -  7633 (1.33% )

 

Major resistance- 8250

 

Near-term resistance - 7650/7695

 

Minor support- 7575/7500/7433/ 7362/7281/7220.

Trend reversal level- 7000

 

Indicators

 

ADX- Bullish (4-hour chart)

 

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

 

RSI - 65 (4-hour chart)

 

UK FTSE 100 - 8288 (0.31% )

 

Major resistance- 8500

 

Near-term resistance -8320/8350/8369,8420

 

Minor support- 8190,8000.

Trend reversal level- 7900

 

 

Indicators

 

ADX- Bullish  (4-hour chart)

 

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

 

RSI -  54.97 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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