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FxWirePro- Major European Indices

Germany DAX - 19560 (0.49% ) Major resistance- 20000 Near-term resistance - 19680,19825 Minor support- 19400,19302,19200,19000,18845 (200- 4H EMA) Trend reversal level- 17000 The pair hold above short-term (34 EMA, above…

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FxWirePro- Major European Indices
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Germany DAX -  19560 (0.49% )

 

Major resistance-  20000

 

Near-term resistance - 19680,19825

 

Minor support-  19400,19302,19200,19000,18845 (200- 4H EMA)

 

Trend reversal level- 17000

 

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

RSI - 51.84(4-hour chart)

 

France CAC -  7581 (1.31%)

 

Major resistance- 8250

 

Near-term resistance - 7620,7680,7810

 

Minor support- 7500/7450/7400/7362.

Trend reversal level- 7000

 

Indicators

 

ADX- neutral (4-hour chart)

 

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

 

RSI - 58.59 (4-hour chart)

 

UK FTSE 100 - 8262 (0.37% )

 

Major resistance- 8500

 

Near-term resistance -8336/8400

 

Minor support- 8225/8190.

Trend reversal level- 7900

 

 

Indicators

 

ADX- bearish (4-hour chart)

 

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

 

RSI -  43.85 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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