Technicals

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FxWirePro- Major European Indices

Germany DAX - 20297 (0.67% ) Major resistance- 21132 Near-term resistance -20440/20530/21000 Minor support- 196880/19760/19587/19430/19285 Trend reversal level- 17000 The pair holds below short-term (34 EMA, above 55 EMA…

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FxWirePro- Major European Indices
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Germany DAX -  20297 (0.67% )

Major resistance-  21132

 

Near-term resistance -20440/20530/21000

 

Minor support- 196880/19760/19587/19430/19285

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX- Bullish (4-hour chart)

 

CCI (50)- Bullish

RSI - 63.50 (4-hour chart)

 

France CAC -  7486 (1.02%)

 

Major resistance- 7780

 

Near-term resistance - 7340/7405/7421/7500

 

Minor support- 7420/7350/7300/7265/7230/7200/ 7140/7000.

Trend reversal level- 7000

 

Indicators

 

ADX- Bullish (4-hour chart)

 

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

 

RSI - 66.02 (4-hour chart)

 

UK FTSE 100 - 8242 (0.29% )

 

Major resistance- 8500

 

Near-term resistance -8270/8300/8335/8365/8420/8485

 

Minor support- 8200/8160/8100/7990/7900

Trend reversal level- 7900

 

Indicators

 

ADX- Bullish (4-hour chart)

 

CCI (50) - Bullish  (4-hour chart)

 

RSI - 55.29 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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