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FxWirePro-Major European Indices

Germany DAX - 19358 (-0.01% ) Major resistance- 20000 Near-term resistance - 19440/19565/19680/19800. Minor support- 19200/18960 (200- 4H EMA) Trend reversal level- 17000 The pair holds below short-term (34 EMA, above 55…

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FxWirePro-Major European Indices
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Germany DAX -  19358 (-0.01% )

 

Major resistance-  20000

 

Near-term resistance - 19440/19565/19680/19800.

 

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

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX- Neutral (4-hour chart)

 

CCI (50)- Bullish

RSI -56.72 (4-hour chart)

France CAC -  7401(-0.77%)

Major resistance- 7780

Near-term resistance 7470/7520/7574.

Minor support- 7350/7300/7220.

Trend reversal level- 7000

 

Indicators

 

ADX- neutral (4-hour chart)

 

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

 

RSI - 47 (4-hour chart)

 

UK FTSE 100 - 8123 (-0.65% )

 

Major resistance- 8500

 

Near-term resistance -8170/8200/8240/8269/8305

 

Minor support- 8100/8000

Trend reversal level- 7900

 

 

Indicators

 

ADX- Neutral (4-hour chart)

 

CCI (50) - Bearish  (4- hour chart)

 

RSI - 47.01 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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