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FxWirePro- Major European Indices

Germany DAX - 25184 (0.54%) Major resistance- 25600 Near-term resistance - 25300/25442 Minor support - 24800/24480/24200/23900/23600/23400/22900. Trend reversal level- 17000 The pair holds above short-term (34 EMA, 55 EM…

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FxWirePro- Major European Indices
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Germany DAX -  25184 (0.54%)

Major resistance-  25600

 

Near-term resistance - 25300/25442

 

Minor support - 24800/24480/24200/23900/23600/23400/22900.

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX-  Bullish (4-hour chart)

 

CCI (50)-  Neutral

 

RSI - 54.56 (4-hour chart)

 

 France CAC - 8539.28 (0.03%)

 

Major resistance- 8600

 

Near-term resistance -8550

Minor support-  8395/8254/8200/7900/7800/7750/7645/7600/7520.

Trend reversal level-  7500

 Indicators

  

ADX-  Neutral (4-hour chart)

 

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

 

RSI - 69.28 (4-hour chart)

 

UK FTSE  - 10762 (0.51%)

 

Major resistance- 10800

 

Near-term resistance - 10700

 

Minor support-  10380/10200/10000/9850/9740/9680/9650/9600/9500.
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Trend reversal level- 7535

  

Indicators

ADX-  Neutral (4-hour chart)

 

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

 

RSI - 69.55 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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