Major European Indices
Germany DAX - 23530 (-0.98% )
Major resistance- 24800
Near-term resistance 23620/24000/24250/24500/24800.
Minor support - 23250/23000/22700/22300.
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- Bearish (4-hour chart)
CCI (50)- Bearish
RSI - 27.31 (4-hour chart)
France CAC - 7722 (-0.79%)
Major resistance- 8254
Near-term resistance - 8000/8200
Minor support- 7675/7600/7554/ 7520/7450/7340/7300/7250/7200.
Trend reversal level- 5600
Indicators
ADX- Bearish (4-hour chart)
CCI (50) - Bearish (4- hour chart)
RSI - 47.77 (4-hour chart)
UK FTSE - 8849 (-0.41% )
Major resistance- 8910/9000
Near-term resistance - 8880
Minor support-8780/8685/8600/8500/ 8400/8265/8170/8060/7995
Trend reversal level- 7535
Indicators
ADX- Bullish (4-hour chart)
CCI (50) - Bullish (4-hour chart)
RSI - 47.30 (4-hour chart)
