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FxWirePro-Major European Indices

Germany DAX - 19501 (0.57% ) Major resistance- 20000 Near-term resistance - 19550/19680/19800. Minor support- 19400,19300/19200/18960 (200- 4H EMA) Trend reversal level- 17000 The pair holds above short-term (34 EMA, abo…

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FxWirePro-Major European Indices
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Germany DAX -  19501 (0.57% )

 

Major resistance-  20000

 

Near-term resistance - 19550/19680/19800.

 

Minor support- 19400,19300/19200/18960 (200- 4H EMA)

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX- Bullish (4-hour chart)

 

CCI (50)- Bullish

RSI - 47.65 (4-hour chart)

 

 

France CAC -  7565  (2%)

 

Major resistance- 7780

 

Near-term resistance 7620,7680,7810

 

Minor support- 7500/7444/7350/7300.

Trend reversal level- 7000

 

Indicators

 

ADX- neutral (4-hour chart)

 

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

 

RSI - 48.39 (4-hour chart)

 

UK FTSE 100 - 8298 (1.49% )

 

Major resistance- 8500

 

Near-term resistance -8300/8336/8400

 

Minor support- 8269/8225/8165/8100

Trend reversal level- 7900

 

 

Indicators

 

ADX- Bullish (4-hour chart)

 

CCI (50) - Bullish  (4- hour chart)

 

RSI - 59.18 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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