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FxWirePro- Major European Indices

Germany DAX -  24062 (-0.37%)

Major resistance-  24800

 

Near-term resistance - 24280/24400/24600/24700/24800.

Minor support -23750/ 23580/23300/23000/22700/22300.

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX-  Neutral (4-hour chart)

 

CCI (50)- Bearish

 

RSI -41.35 (4-hour chart)

 

 

France CAC - 8129 (-0.98%)

 

Major resistance- 8300

 

Near-term resistance -8275

Minor support-  8000/7800/7750/7645/7600/7520.

Trend reversal level- 5600

 

Indicators

 

 

ADX-  Bearish (4-hour chart)

 

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

 

RSI - 37.24 (4-hour chart)

 

 

 

UK FTSE  - 9716 (-0.49%)

 

Major resistance- 9810

 

Near-term resistance - 9700

 

Minor support- 9580/9500/9435/9280/9190/9140/9100/8990.
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Trend reversal level- 7535

 

 

Indicators

ADX-  Bullish (4-hour chart)

 

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

 

RSI - 57.36 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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