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FxWirePro- Major European Indices

Monday, May 5, 2025 7:50 AM UTC

Germany DAX - 23190 (0.04% )

Major resistance- 23820/24000

Near-term resistance 23230/23500.

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 4-hour chart.

Indicators (4-hour chart)

ADX- Bullish (4-hour chart)

CCI (50)- Bullish

RSI - 75.85 (4-hour chart)

France CAC - 7745 (-0.80%)

Major resistance- 8254

Near-term resistance - 7800/8000

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 - 72.72 (4-hour chart)

UK FTSE - 8632 (1.94% )

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 - 72.10 (4-hour chart)

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FxWirePro- Major European Indices

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