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FxWirePro- Major European Indices

Germany DAX - 23916(0.49%) Major resistance- 25600 Near-term resistance - 24000/24280 /24375 Minor support - 23500/23200/22900/22500. Trend reversal level- 17000 The pair holds below short-term (34 EMA, 55 EMA) and long-…

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FxWirePro- Major European Indices
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Germany DAX -  23916(0.49%)

Major resistance-  25600

 

Near-term resistance - 24000/24280 /24375

Minor support - 23500/23200/22900/22500.

 

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 - 50.21 (4-hour chart)

 France CAC - 8059  (-1.22%)

 

Major resistance- 8700

 

Near-term resistance - 8204/8300/8380/8500/8655

Minor support-  7980/7750/7645/7600/7520.

Trend reversal level-  7500

 Indicators

  

ADX-  Bearish (4-hour chart)

 

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

 

RSI - 47.62 (4-hour chart)

 

UK FTSE  - 10401 (-0.52%)

 

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 - 48 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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