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FxWirePro- Major European Indices

Germany DAX - 20302 (-2.27% ) Major resistance- 23820/24000 Near-term resistance -20750/21000/21500/21700/22055. Minor support - 20180/20000/19590/18800/18561/18188/18000. Trend reversal level- 17000 The pair hold below …

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FxWirePro- Major European Indices
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Germany DAX -  20302 (-2.27% )

Major resistance-  23820/24000

 

Near-term resistance -20750/21000/21500/21700/22055.

 

Minor support - 20180/20000/19590/18800/18561/18188/18000.

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- Bearish (4-hour chart)

 

CCI (50)- Bearish

RSI - 50.30 (4-hour chart)

 

France CAC - 7056  (-1.61%)

 

Major resistance- 8254

 

Near-term resistance - 7230/7340/7510/7700

Minor support- 6995/6700/6635/6385.

Trend reversal level- 5600

 

Indicators

 

ADX-  Bearish (4-hour chart)

 

CCI (50) - Bearish   (4- hour chart)

 

RSI - 45.92 (4-hour chart)

 

UK FTSE  - 8013 (-0.63% )

 

Major resistance- 8910/9000

 

Near-term resistance -8020/8137/8200/8350/8500

 

Minor support- 7900/7785/7700/7600/7530/7462/7400

Trend reversal level- 7535

 

Indicators

ADX-  Neutral (4-hour chart)

 

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

 

RSI - 50.17 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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