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FxWirePro- Major European Indices

Germany DAX - 22616 (-0.72%) Major resistance- 25600 Near-term resistance -23000/23200/ 23700/24000/24280 Minor support - 23200/22900/22500. Trend reversal level- 17000 The pair is below the short-term (34 EMA, 55 EMA) a…

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FxWirePro- Major European Indices
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Germany DAX -  22616 (-0.72%)

Major resistance-  25600

 

Near-term resistance -23000/23200/ 23700/24000/24280 

Minor support - 23200/22900/22500.

 

Trend reversal level- 17000

 

The pair is below the short-term (34 EMA, 55 EMA) and long-term (200 EMA) moving averages on the 4-hour chart.

 

Indicators  (4-hour chart)

 

ADX-  Neutral (4-hour chart)

 

CCI (50)-  Neutral

 

RSI - 44.25 (4-hour chart)

 

 France CAC - 7729 (-0.68%)

 

Major resistance- 8700

 

Near-term resistance - 8000/8150/8300/8380/8500/8655

Minor support-  7750/7645/7600/7520.

Trend reversal level-  7500

 Indicators

  

ADX-  neutral (4-hour chart)

 

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

 

RSI - 43.21 (4-hour chart)

 

UK FTSE  - 9911 (0.80%)

 

Major resistance- 11000

 

Near-term resistance - 10600/10900

 

Minor support-  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 - 38.92 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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