Technicals

Add as a preferred source on Google

FxWirePro-Major European Indices

Germany DAX - 19299 (-0.76% ) 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…

1 min read
FxWirePro-Major European Indices
Image from the original EconoTimes article

Read the original article

Germany DAX -  19299 (-0.76% )

 

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 a 4-hour chart.

 

Indicators  (4-hour chart)

 

ADX- Neutral (4-hour chart)

 

CCI (50)- Neutral

RSI -57.21 (4-hour chart)

 

France CAC -  7351 (-0.77%)

 

Major resistance- 7780

 

Near-term resistance 7470/7520/7574.

 

Minor support- 7300/7220.

Trend reversal level- 7000

 

Indicators

 

ADX- neutral (4-hour chart)

 

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

 

RSI - 49.68 (4-hour chart)

 

UK FTSE 100 - 8064 (-0.54% )

 

Major resistance- 8500

 

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

 

Minor support- 8000/7900

Trend reversal level- 7900

 

 

Indicators

 

ADX- Neutral (4-hour chart)

 

CCI (50) - Bearish  (4- hour chart)

 

RSI - 38.57 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560