Technicals

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FxWirePro- Major European Indices

Germany DAX - 24837 (0.17%) Major resistance- 25600 Near-term resistance - 25000/25200/25442 Minor support - 24480/24200/23900/23600/23400/22900. Trend reversal level- 17000 The pair holds above short-term (34 EMA , 55 E…

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Germany DAX -  24837 (0.17%)

Major resistance-  25600

 

Near-term resistance - 25000/25200/25442

 

Minor support - 24480/24200/23900/23600/23400/22900.

 

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)-  Bearish

 

RSI -60.52 (4-hour chart)

 

France CAC - 8273 (-0.32%)

 

Major resistance- 8439

 

Near-term resistance -8305/8360

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 - 58.75 (4-hour chart)

 

UK FTSE  - 10352 (0.41%)

 

Major resistance- 10604/10736

 

Near-term resistance - 10500

 

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

 

Indicators

ADX-  Neutral (4-hour chart)

 

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

 

RSI - 59.71 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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