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FxWirePro- Major European Indices

Germany DAX - 24791 (0.81%) Major resistance- 25600 Near-term resistance - 25000/25200 Minor support - 24380/24000/23700/23420/23000/22700/22500/22000. Trend reversal level- 17000 The pair holds below short-term (34 EMA,…

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FxWirePro- Major European Indices
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Germany DAX -  24791 (0.81%)

Major resistance-  25600 

Near-term resistance - 25000/25200

Minor support - 24380/24000/23700/23420/23000/22700/22500/22000.

 

Trend reversal level- 17000

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

Indicators  (4-hour chart)

 

ADX- Neutral (4-hour chart)

 

CCI (50)-  Bearish

 

RSI - 38.52  (4-hour chart)

 

 France CAC - 8272 (1.08%)

 

Major resistance- 8700

 

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

Minor support-  8080/8000/7950/7800/7645/7600/7500.

Trend reversal level-  7500

 Indicators

  

ADX-  Bullish (4-hour chart)

 

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

 

RSI - 57.72 (4-hour chart)

 

UK FTSE  - 10355  (0.01%)

 

Major resistance- 11000

 

Near-term resistance - 10500/10580/10800/10900

 

Minor support-  10200/10000/9850/9740/9680.
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Trend reversal level- 7535

  

Indicators

ADX- Neutral (4-hour chart)

 

CCI (50) - Bearish (4- hour chart)

 

RSI - 45.53 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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