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FxWirePro-Major European Indices

Germany DAX - 22376 (0.26% ) Major resistance- 23500 Near-term resistance -22600/23000 Minor support- 22300/22000/21740/21670/21450/21000/20740/20580/20370/20200. Trend reversal level- 17000 The pair holds below short-te…

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FxWirePro-Major European Indices
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Germany DAX -  22376 (0.26% )

Major resistance-  23500

 

Near-term resistance -22600/23000

 

Minor support- 22300/22000/21740/21670/21450/21000/20740/20580/20370/20200.

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX- Neutral (4-hour chart)

 

CCI (50)- Bearish

RSI - 48.82 (4-hour chart)

 

France CAC -  8074 (0.24%)

 

Major resistance- 8254

 

Near-term resistance -8050

 

Minor support- 8050/7981/ 7860/7758/7610/7500/7455/7350/7300/7265/7230/7200/ 7140/7000.

Trend reversal level- 7000

 

Indicators

 

ADX- Neutral (4-hour chart)

 

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

 

RSI - 39.63 (4-hour chart)

 

UK FTSE  - 8662 (0.32% )

 

Major resistance- 8910/9000

 

Near-term resistance - 8825

 

Minor support- 8600/8570/8425/8300/8245/8160/8100/7990/7900

Trend reversal level- 7900

 

Indicators

                        

ADX- Neutral (4-hour chart)

 

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

 

RSI - 43.46 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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