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FxWirePro- Major European Indices

Germany DAX - 24057 (0.14%) Major resistance- 25600 Near-term resistance - 25000/25442/25500 Minor support - 23900/23600/23400/22900. Trend reversal level- 17000 The pair holds above short-term (34 EMA, 55 EMA) and long-…

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FxWirePro- Major European Indices
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Germany DAX -  24057 (0.14%)

Major resistance-  25600

 

Near-term resistance - 25000/25442/25500

 

Minor support - 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)-  Bearish

 

RSI - 34.74 (4-hour chart)

 

 France CAC - 8167 (-0.20%)

 

Major resistance- 8700

 

Near-term resistance -8500/8655

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 - 29.42 (4-hour chart)

 

UK FTSE  - 10537 (0.11%)

 

Major resistance- 11000

 

Near-term resistance - 10600/10900

 

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

  

Indicators

ADX- Neutal (4-hour chart)

 

CCI (50) - Bearish (4- hour chart)

 

RSI - 24.62 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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