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FxWirePro- Major European Indices

Germany DAX - 25294 (0.27%) 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 -  25294 (0.27%)

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 - 55.97 (4-hour chart)

 

 France CAC - 8640 (0.02%)

 

Major resistance- 8700

 

Near-term resistance -8650

Minor support-  8450/8300/8200/7900/7800/7750/7645/7600/7520.

Trend reversal level-  7500

 Indicators

  

ADX-  Neutral (4-hour chart)

 

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

 

RSI - 78.42 (4-hour chart)

 

UK FTSE  - 10821 (-0.22%)

 

Major resistance- 11000

 

Near-term resistance - 10850

 

Minor support-  10600/10380/10200/10000/9850.
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Trend reversal level- 7535

  

Indicators

ADX-  Neutral (4-hour chart)

 

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

 

RSI - 70.42 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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