Technicals

Add as a preferred source on Google

FxWirePro-Major European Indices

Germany DAX - 21198 (0.43% ) Major resistance- 23820/24000 Near-term resistance -21435/21590/21700/22055. Minor support - 21000/20850/20545/20370. Trend reversal level- 17000 The pair holds above short term (34 EMA , abo…

1 min read
FxWirePro-Major European Indices
Image from the original EconoTimes article

Read the original article

Germany DAX -  21198 (0.43% )

Major resistance-  23820/24000

 

Near-term resistance -21435/21590/21700/22055.

 

Minor support - 21000/20850/20545/20370.

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX- Bullish (4-hour chart)

 

CCI (50)- Bullish

RSI - 59.56  (4-hour chart)

 

 

France CAC - 7304  (0.79%)

 

Major resistance- 8254

 

Near-term resistance - 7360/7390/7435/7510/7700

Minor support- 7250/7200/7160/6995/6700/6635/6385.

Trend reversal level- 5600

 

Indicators

 

ADX-  Neutral (4-hour chart)

 

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

 

RSI - 55.80 (4-hour chart)

 

UK FTSE  - 8242 (-0.50% )

 

Major resistance- 8910/9000

 

Near-term resistance -8280/8350/8400

 

Minor support- 8170/8060/7995/7900/7785/7700/7600/7530/7462/7400

Trend reversal level- 7535

 

 

Indicators

ADX-  Neutral (4-hour chart)

 

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

 

RSI - 56.98 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560