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

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FxWirePro- Major European Indices

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FxWirePro- Major European Indices

Thursday, May 8, 2025 11:26 AM UTC

Germany DAX - 23428 (0.88% )

Major resistance- 24000

Near-term resistance 23500/23800/24000.

Minor support - 23080/22900/22780/22500/22300/22000/21700/21400.

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- Neutral (4-hour chart)

CCI (50)- Bullish

RSI - 62.86 (4-hour chart)

France CAC - 7717 (0.85%)

Major resistance- 8254

Near-term resistance - 7800/8000

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

Trend reversal level- 5600

Indicators

ADX- Neutral (4-hour chart)

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

RSI - 58.35 (4-hour chart)

UK FTSE - 8590 (0.06% )

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 - 52.15 (4-hour chart)

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FxWirePro- Major European Indices

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