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FxWirePro- Major European Indices

Germany DAX - 20613 (-0.16% ) Major resistance- 21132 Near-term resistance -20800/21000 Minor support- 20370/20200/19960/19680/19760/19587/19430/19285 Trend reversal level- 17000 The pair hold above short-term (34 EMA, a…

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FxWirePro- Major European Indices
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Germany DAX -  20613 (-0.16% )

Major resistance-  21132

 

Near-term resistance -20800/21000

 

Minor support- 20370/20200/19960/19680/19760/19587/19430/19285

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX- Bullish (4-hour chart)

 

CCI (50)- Bullish

RSI - 75.62 (4-hour chart)

 

France CAC -  7605 (1.69%)

 

Major resistance- 7780

 

Near-term resistance -7621/7700/7805

 

Minor support- 7500/7455/7350/7300/7265/7230/7200/ 7140/7000.

Trend reversal level- 7000

 

Indicators

 

ADX- Bullish (4-hour chart)

 

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

 

RSI - 73 (4-hour chart)

 

UK FTSE  - 8370 (0.71% )

 

Major resistance- 8500

 

Near-term resistance -8420/8485/8535/8630

 

Minor support- 8300/8245/8160/8100/7990/7900

Trend reversal level- 7900

 

 

Indicators

 

ADX- Bearish (4-hour chart)

 

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

 

RSI - 79 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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