Technicals

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FxWirePro- Major European Indices

Germany DAX - 22933 (0.17% ) Major resistance- 23820/24000 Near-term resistance - 23050/23300/23500/23800 Minor support - 22800/22645/22490/22200/21735/21500. Trend reversal level- 17000 The pair hold above short term (3…

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FxWirePro- Major European Indices
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Germany DAX -  22933 (0.17% )

Major resistance-  23820/24000

 

Near-term resistance - 23050/23300/23500/23800

 

Minor support - 22800/22645/22490/22200/21735/21500.

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX- Bearish (4-hour chart)

 

CCI (50)- Bearish

RSI - 41.20 (4-hour chart)

 

France CAC -  8050 (0.13%)

 

Major resistance- 8254

 

Near-term resistance - 8125/8210/8225

 

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

Trend reversal level- 7000

 

Indicators

 

ADX-  Neutral (4-hour chart)

 

CCI (50) - Bearish   (4- hour chart)

 

RSI - 44.89 (4-hour chart)

 

UK FTSE  - 8651 (0.04% )

 

Major resistance- 8910/9000

 

Near-term resistance -8749/ 8800/8875

 

Minor support- 8620/8600/8570/8425/8300/8245/8160/8100/7990/7900

Trend reversal level- 7900

 

Indicators

                        

ADX-  Neutral (4-hour chart)

 

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

 

RSI - 40.99 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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