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FxWirePro-Major European Indices

Germany DAX - 23583 (-1.93%) Major resistance- 24800 Near-term resistance 23850/24000/24300/24445/24600/24700/24800. Minor support -23300/23000/22700/22300. Trend reversal level- 17000 The pair holds below short-term (34…

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FxWirePro-Major European Indices
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Germany DAX -  23583 (-1.93%)

Major resistance-  24800

 

Near-term resistance 23850/24000/24300/24445/24600/24700/24800.

 

Minor support -23300/23000/22700/22300.

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX- Bearish (4-hour chart)

 

CCI (50)- Bearish

RSI - 27.19 (4-hour chart)

 

 

France CAC - 7662 (-0.62%)

 

Major resistance- 8254

 

Near-term resistance - 7750/7850/8000/8200

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

Trend reversal level- 5600

 

Indicators

 

 

ADX- Bearish (4-hour chart)

 

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

 

RSI - 34.37 (4-hour chart)

 

 

 

UK FTSE  - 9114 (-0.89%)

 

Major resistance- 9500

 

Near-term resistance - 9200/9320,9500

 

Minor support- 9100/8990/8800.
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Trend reversal level- 7535

 

 

Indicators

ADX-  Neutral (4-hour chart)

 

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

 

RSI - 23.98 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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