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FxWirePro- Majro European Indices

Major European Indices Germany DAX - 18427 (0.65% ) Major resistance- 19000 Near-term resistance - 18526, 18600. Minor support- 18270, 18210 (200- 8 H EMA),18000 Trend reversal level- 17000 The pair hold below short-term…

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FxWirePro- Majro European Indices
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Major European Indices

 

Germany DAX -  18427 (0.65% )

 

Major resistance- 19000

 

Near-term resistance - 18526, 18600.

 

Minor support-  18270, 18210 (200- 8 H EMA),18000

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX- neutral (4-hour chart)

 

CCI (50)-Bearish

 

CCI (14)- Bearish

 

RSI - 27.66 (4-hour chart)

 

 

France CAC -  7403 (0.89% )

 

Major resistance- 8250

 

Near-term resistance - 7420/7470/ 7510/7623(200- 8H EMA)

 

Minor support- 7365/7281/7220.

Trend reversal level- 7000

 

Indicators

 

ADX- Bearish (4-hour chart)

 

CCI (50) and CCI (14)- Bearish (4- hour chart)

 

RSI - 37.57 (4-hour chart)

 

UK FTSE 100 - 8227 (+0.85% )

 

Major resistance- 8500

 

Near-term resistance - 8282 (55-4H EMA)/8337/8369

 

Minor support- 8150,8000.

Trend reversal level- 7900

 

 

Indicators

 

ADX- Bearish  (4-hour chart)

 

CCI (50) and CCI (14)- Bearish (4- hour chart)

 

RSI -  45.73 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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