Technicals

Add as a preferred source on Google

FxWirePro- Major European Indices

Germany DAX - 23752 (0.59%) Major resistance- 25600 Near-term resistance - 23700/24000/24280 Minor support - 23200/22900/22500. Trend reversal level- 17000 The pair holds below short-term (34 EMA, 55 EMA) and long-term (…

1 min read
FxWirePro- Major European Indices
Image from the original EconoTimes article

Read the original article

Germany DAX -  23752 (0.59%)

Major resistance-  25600

 

Near-term resistance - 23700/24000/24280 

Minor support - 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-  Neutral (4-hour chart)

 

CCI (50)-  Neutral

 

RSI - 53.89 (4-hour chart)

 

 France CAC - 8015  (0.89%)

 

Major resistance- 8700

 

Near-term resistance - 8150/8300/8380/8500/8655

Minor support-  7750/7645/7600/7520.

Trend reversal level-  7500

 Indicators

  

ADX-  neutral (4-hour chart)

 

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

 

RSI - 46.86 (4-hour chart)

 

UK FTSE  - 10430 (0.80%)

 

Major resistance- 11000

 

Near-term resistance - 10600/10900

 

Minor support-  10200/10000/9850/9740/9680/9650/9600/9500.
`

Trend reversal level- 7535

  

Indicators

ADX- Neutal (4-hour chart)

 

CCI (50) - Bullish (4- hour chart)

 

RSI - 56.19 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560