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FxWirePro- Major European Indices

Germany DAX - 23756 (-1.93%) Major resistance- 25600 Near-term resistance - 24150/24370/24500/24725/25000. Minor support - 23555/23400/22900. Trend reversal level- 17000 The pair holds below short-term (34 EMA, 55 EMA) a…

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FxWirePro- Major European Indices
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Germany DAX -  23756 (-1.93%)

Major resistance-  25600

 

Near-term resistance - 24150/24370/24500/24725/25000.

 

Minor support - 23555/23400/22900.

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX- Bearish (4-hour chart)

 

CCI (50)-  Bearish

 

RSI - 14.49 (4-hour chart)

 

 France CAC - 8150 (-1.53%)

 

Major resistance- 8700

 

Near-term resistance -8265/8335/8500

Minor support-  8100/7900/7800/7750/7645/7600/7520.

Trend reversal level-  7500

 Indicators

  

ADX-  Bearish (4-hour chart)

 

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

 

RSI - 34.52 (4-hour chart)

 

UK FTSE  - 10469 (0.67%)

 

Major resistance- 11000

 

Near-term resistance - 10576/10700/10756

 

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

  

Indicators

ADX- Bearish (4-hour chart)

 

CCI (50) - Bearish (4- hour chart)

 

RSI - 22.64 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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