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FxWirePro- Major European Indices

Germany DAX - 24099 (0.27%) Major resistance- 24800 Near-term resistance - 24280/24520. Minor support - 23600/23400/22900/22700/22300. Trend reversal level- 17000 The pair holds above short term (34 EMA , 55 EMA) and lon…

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FxWirePro- Major European Indices
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Germany DAX -  24099 (0.27%)

Major resistance-  24800

 

Near-term resistance - 24280/24520.

 

Minor support - 23600/23400/22900/22700/22300.

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX-  neutral (4-hour chart)

 

CCI (50)- Bullish

 

RSI -72.58 (4-hour chart)

 

 

France CAC - 8104 (-0.10%)

 

Major resistance- 8300

 

Near-term resistance -8160/8200

Minor support-  7900/7800/7750/7645/7600/7520.

Trend reversal level-  7500

 

Indicators

 

 

ADX-  Neutral (4-hour chart)

 

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

 

RSI - 49.22 (4-hour chart)

 

 

 

UK FTSE  - 9664 (0.03%)

 

Major resistance- 9810

 

Near-term resistance - 9725

 

Minor support-  9650/9600/9500/9435/9280/9190/9140/9100/8990.
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Trend reversal level- 7535

 

 

Indicators

ADX-  Neutral (4-hour chart)

 

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

 

RSI - 43.75 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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