Major European Indices

Germany DAX -  19095 (-0.36% )

 

Major resistance-  20000

 

Near-term resistance - 19600,19800

 

Minor support-  18870,18715, 18610,18524 (200- 4H EMA)

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX- Neutral (4-hour chart)

 

CCI (50)-Bullish

 

RSI - 47.87 (4-hour chart)

 

 

France CAC -  7525 (-0.58%)

 

Major resistance- 8250

 

Near-term resistance - 7550,7607,7645

 

Minor support- 7480/7420/7330.

Trend reversal level- 7000

 

Indicators

 

ADX- Neutral (4-hour chart)

 

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

 

RSI - 50.91 (4-hour chart)

 

UK FTSE 100 - 8303 (0.35% )

 

Major resistance- 8500

 

Near-term resistance -8336/8371/8369,8420

 

Minor support- 8265,8190,8000.

Trend reversal level- 7900

 

Indicators

 

ADX- Bearish  (4-hour chart)

 

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

 

RSI -  57.94 (4-hour chart)