| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro: EUR/AUD trends higher, but faces potential pitfalls

Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance

FxWirePro: GBP/NZD remains bullish as rally continues

FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data

EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900

FxWirePro: AUD/USD runs out of steam but maintains bullish outlook

FxWirePro- Major Pair market sentiment (CCI-ADX-EMA) setup

UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206

FxWirePro: NZD/USD downside pressure builds, key support level in focus

FxWirePro: EUR/NZD edges lower but bullish outlook persists

FxWirePro- Major Crypto levels and bias summary

FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting

FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects

FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level

USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower

FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations

FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level

©Econometrics LLC . All Rights Reserved.

FxWirePro- Major European Indices

Friday, May 2, 2025 8:52 AM UTC

Germany DAX - 22911 (1.13% )

Major resistance- 23820/24000

Near-term resistance 23000/23200/23500.

Minor support - 22780/22500/22300/22000/21700/21400/21225/21000/20850/20545/20370.

Trend reversal level- 17000

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

Indicators (4-hour chart)

ADX- Bullish (4-hour chart)

CCI (50)- Bullish

RSI - 74.46 (4-hour chart)

France CAC - 7717 (1.11%)

Major resistance- 8254

Near-term resistance - 7735/8000

Minor support- 7600/7554/ 7520/7450/7340/7300/7250/7200.

Trend reversal level- 5600

Indicators

ADX- Bullish (4-hour chart)

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

RSI - 61.45 (4-hour chart)

UK FTSE - 8565 (1.15% )

Major resistance- 8910/9000

Near-term resistance - 8650/8800

Minor support-8500/ 8400/8265/8170/8060/7995

Trend reversal level- 7535

Indicators

ADX- neutral (4-hour chart)

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

RSI - 69.22 (4-hour chart)

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data

Shell M&A Chief Exits After BP Takeover Proposal Rejected

European Leaders Tie Ukraine Territorial Decisions to Strong Security Guarantees

FxWirePro- Token Unlock Today(ARB)

Strategy's Billion-Dollar Bitcoin Blitz: Another Mega Buy

Senate Kicks Crypto Regulation Can to 2026: Uncertainty Lingers

FxWirePro- Top Trending Coins (CoinGecko)

FxWirePro- Major Crypto levels and bias summary

FxWirePro= Key Crypto Updates

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

FxWirePro- Major European Indices

Editor's Picks

Welcome to EconoTimes