Technicals

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FxWirePro- Major European Indices

Germany DAX - 22584 (-0.01% ) Major resistance- 23820/24000 Near-term resistance 22690/22800/23000. Minor support - 22000/21700/21400/21225/21000/20850/20545/20370. Trend reversal level- 17000 The pair holds above short …

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FxWirePro- Major European Indices
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Germany DAX -  22584 (-0.01% )

Major resistance-  23820/24000

 

Near-term resistance  22690/22800/23000.

 

Minor support - 22000/21700/21400/21225/21000/20850/20545/20370.

 

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 - 72.18  (4-hour chart)

 

France CAC - 7595 (0.13%)

 

Major resistance- 8254

 

Near-term resistance - 7700/8000

Minor support-  7450/7340/7300/7250/7200/7160/6995/6700/6635/6385.

Trend reversal level- 5600

 

Indicators

 

ADX-  Neutral (4-hour chart)

 

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

 

RSI - 61.74 (4-hour chart)

 

UK FTSE  - 8464 (-0.09% )

 

Major resistance- 8910/9000

 

Near-term resistance - 8470/8500/8650

 

Minor support- 8400/8265/8170/8060/7995

Trend reversal level- 7535

 

 

Indicators

ADX-  neutral (4-hour chart)

 

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

 

RSI - 62.69 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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