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FxWirePro-Major European Indices

Germany DAX - 19957(0.13% ) Major resistance- 21132 Near-term resistance - 20480/21000 Minor support- 20250/20000/19800/19587/19430/19285 Trend reversal level- 17000 The pair holds above short-term (34 EMA, above 55 EMA)…

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FxWirePro-Major European Indices
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Germany DAX -  19957(0.13% )

Major resistance-  21132

 

Near-term resistance - 20480/21000

 

Minor support- 20250/20000/19800/19587/19430/19285

 

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 -67.94 (4-hour chart)

 

France CAC -  7407 (1.23%)

 

Major resistance- 7780

 

Near-term resistance -7410/7460/7500

 

Minor support- 7330/7300/7250/ 7140/7000.

Trend reversal level- 7000

 

Indicators

 

ADX- neutral (4-hour chart)

 

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

 

RSI - 73.17  (4-hour chart)

 

UK FTSE 100 - 8338(-0.09% )

 

Major resistance- 8500

 

Near-term resistance -8420/8485

 

Minor support- 8276/8240/8170/8100

Trend reversal level- 7900

 

 

Indicators

 

ADX- Bullish (4-hour chart)

 

CCI (50) - Bullish  (4- hour chart)

 

RSI - 45.85 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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