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FxWirePro- Major European Indices

Germany DAX - 18982 (-1.09% ) Major resistance- 20000 Near-term resistance - 19300/19440/19500. Minor support- 18800/18600 Trend reversal level- 17000 The pair holds below short-term (34 EMA, above 55 EMA) and long-term …

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FxWirePro- Major European Indices
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Germany DAX -  18982 (-1.09% )

Major resistance-  20000

 

Near-term resistance - 19300/19440/19500.

 

Minor support- 18800/18600

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX- Neutral (4-hour chart)

 

CCI (50)- bearish

RSI -38.15 (4-hour chart)

 

 

France CAC -  7200 (-0.85%)

 

Major resistance- 7780

 

Near-term resistance 7300/7351/7400

 

Minor support- 7140/7000.

Trend reversal level- 7000

 

Indicators

 

ADX- neutral (4-hour chart)

 

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

 

RSI - 37.20 (4-hour chart)

 

UK FTSE 100 - 8082 (--0.30% )

 

Major resistance- 8500

 

Near-term resistance -8105/8170/8200/8240/8269/8305

 

Minor support- 8000/7900

Trend reversal level- 7900

 

 

Indicators

 

ADX- Neutral (4-hour chart)

 

CCI (50) - Bearish  (4- hour chart)

 

RSI - 48.95 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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