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FxWirePro- Major European Indices

Germany DAX - 22662 (0.66% ) Major resistance- 23500 Near-term resistance - 23000/23300 Minor support - 22200/21735/21500. 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 -  22662 (0.66% )

Major resistance-  23500

 

Near-term resistance - 23000/23300

 

Minor support - 22200/21735/21500.

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX- Neutral (4-hour chart)

 

CCI (50)- Bearish

RSI - 48.91 (4-hour chart)

 

 

France CAC -  8002.24 (-0.89)

 

Major resistance- 8254

 

Near-term resistance -8010/8075/8125/8150/8210/8225

 

Minor support- 7900/7758/7610/7500/7455/7350/7300.

Trend reversal level- 7000

 

Indicators

 

ADX- bearish (4-hour chart)

 

CCI (50) - Bearish  (4- hour chart)

 

RSI - 40.25 (4-hour chart)

 

UK FTSE  - 8573 (0.35% )

 

Major resistance- 8910/9000

 

Near-term resistance - 8665/8715/8749/ 8800/8875

 

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 - 47.49 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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