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FxWirePro- Major European Indices

Germany DAX - 24754 (-0.54%) Major resistance- 25600 Near-term resistance - 25000/25200/25442 Minor support - 24800/24600/24385/23900/23600/23400/22900. Trend reversal level- 17000 The pair holds above short-term (34 EMA…

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FxWirePro- Major European Indices
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Germany DAX -  24754 (-0.54%)

Major resistance-  25600

 

Near-term resistance - 25000/25200/25442

 

Minor support - 24800/24600/24385/23900/23600/23400/22900.

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX-  neutral (4-hour chart)

 

CCI (50)- Neutral

 

RSI -41.32 (4-hour chart)

 

 

France CAC - 8023 (-1.26%)

 

Major resistance- 8439

 

Near-term resistance -8100/8200/8248/8305

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

Trend reversal level-  7500

 

Indicators

 

 

ADX-  Neutral (4-hour chart)

 

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

 

RSI - 39.09 (4-hour chart)

 

 

 

UK FTSE  - 10162 (-0.41%)

 

Major resistance- 10300/10500

 

Near-term resistance - 10250

 

Minor support-  9850/9740/9680/9650/9600/9500.
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Trend reversal level- 7535

 

 

Indicators

ADX-  Neutral (4-hour chart)

 

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

 

RSI - 44.88 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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