FxWirepro- Major European Indices

Major European Indices

Germany DAX -  18852 (0.91% )

Major resistance- 18900

Near-term resistance - 18925 (May 2024 high), 19000.

Minor support-  18597, 18519, 18381 (34- 4H EMA), 18286 (55- 4H EMA)

Trend reversal level- 17000

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

Indicators

ADX- Bullish  (4-hour chart)

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

RSI - 80 (4-hour chart)

France CAC -  7605 (+0.38% )

Major resistance- 8250

Near-term resistance - 7641 (50% Fib retracement) and 7750

Minor support-  7535 (200- 4H EMA),7516 and 7478 (34 and 55 4H EMA)

Trend reversal level- 7000

Indicators

ADX- Bullish  (4-hour chart)

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

RSI - 59.92 (4-hour chart)

UK FTSE 100 - 8331 (-0.24% )

Major resistance- 8800

Near-term resistance - 8415 (Jul 31st, 2024),8484 (May 15th 2024 high)

Minor support- 8320 and 8300 (34 and 55 -4H EMA), 8249 (200- 4H EMA),8090 (61.% Fib)

Trend reversal level- 7900

Indicators

ADX- Bullish  (4-hour chart)

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

RSI - 65.24 (4-hour chart)