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FxWirePro- Major European Indices

Germany DAX - 20155 (-1.09% ) Major resistance- 23820/24000 Near-term resistance -20400/20687/21000. Minor support - 19900/19590/18800/18561/18188/18000. Trend reversal level- 17000 The pair hold below short term (34 EMA…

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FxWirePro- Major European Indices
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Germany DAX -  20155 (-1.09% )

Major resistance-  23820/24000

 

Near-term resistance -20400/20687/21000.

 

Minor support - 19900/19590/18800/18561/18188/18000.

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX- Neutral (4-hour chart)

 

CCI (50)- Bearish

RSI - 36.27 (4-hour chart)

 

France CAC - 7026  (0.77%)

 

Major resistance- 8254

 

Near-term resistance - 7111/7340/7500/7700

Minor support- 6700/6635/6385.

Trend reversal level- 5600

 

Indicators

 

ADX-  neutral (4-hour chart)

 

CCI (50) - Bearish   (4- hour chart)

 

RSI - 22.06 (4-hour chart)

 

UK FTSE  - 7864 (1.05% )

 

Major resistance- 8910/9000

 

Near-term resistance -8020/8200/8350/8500

 

Minor support- 7600/7530/7462/7400

Trend reversal level- 7900

Indicators

ADX-  Neutral (4-hour chart)

 

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

 

RSI - 30.46 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Major European Indices

 

Germany DAX -  20155 (-1.09% )

Major resistance-  23820/24000

 

Near-term resistance -20400/20687/21000.

 

Minor support - 19900/19590/18800/18561/18188/18000.

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX- Neutral (4-hour chart)

 

CCI (50)- Bearish

RSI - 36.27 (4-hour chart)

 

 

France CAC - 7026  (0.77%)

 

Major resistance- 8254

 

Near-term resistance - 7111/7340/7500/7700

Minor support- 6700/6635/6385.

Trend reversal level- 5600

 

Indicators

 

ADX-  neutral (4-hour chart)

 

CCI (50) - Bearish   (4- hour chart)

 

RSI - 22.06 (4-hour chart)

 

UK FTSE  - 7864 (1.05% )

 

Major resistance- 8910/9000

 

Near-term resistance -8020/8200/8350/8500

 

Minor support- 7600/7530/7462/7400

Trend reversal level- 7900

 

 

Indicators

ADX-  Neutral (4-hour chart)

 

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

 

RSI - 30.46 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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