Technicals

Add as a preferred source on Google

FxWirePro- Major European Indices

Germany DAX - 24282 (0.81%) Major resistance- 25600 Near-term resistance - 24350/24654/25000/25200 Minor support - 24000/23700/23420/23000/22700/22500/22000. Trend reversal level- 17000 The pair holds below short-term (3…

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

Read the original article

Germany DAX -  24282 (0.81%)

Major resistance-  25600 

Near-term resistance - 24350/24654/25000/25200

Minor support - 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- Bearish (4-hour chart)

 

CCI (50)-  Bearish

 

RSI - 38.39  (4-hour chart)

 

 France CAC - 8233 (1.35%)

 

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-  Neutral (4-hour chart)

 

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

 

RSI - 52.70 (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.
`

Trend reversal level- 7535

  

Indicators

ADX- Neutral (4-hour chart)

 

CCI (50) - Bearish (4- hour chart)

 

RSI - 49.30 (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