Technicals

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Major European Indices

Germany DAX - 23075 (1.77% ) Major resistance- 23500 Near-term resistance -23100 Minor support- 22770/22570/22300/22200/21740/21670/21450/21000/20740/20580/20370. Trend reversal level- 17000 The pair holds above short-te…

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Major European Indices
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Germany DAX -  23075 (1.77% )

Major resistance-  23500

 

Near-term resistance -23100

 

Minor support- 22770/22570/22300/22200/21740/21670/21450/21000/20740/20580/20370.

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX- Bullish  (4-hour chart)

 

CCI (50)- Bullish

RSI - 57.44 (4-hour chart)

 

France CAC -  8212  (0.68%)

 

Major resistance- 8254

 

Near-term resistance -8225

 

Minor support- 7981/ 7860/7758/7610/7500/7455/7350/7300/7265/7230/7200/ 7140/7000.

Trend reversal level- 7000

 

Indicators

 

ADX- Bullish (4-hour chart)

 

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

 

RSI - 56.25 (4-hour chart)

 

UK FTSE  - 8796 (-0.02% )

 

Major resistance- 8910/9000

 

Near-term resistance - 8875

 

Minor support- 8600/8570/8425/8300/8245/8160/8100/7990/7900

Trend reversal level- 7900

 

Indicators

                        

ADX- Neutral (4-hour chart)

 

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

 

RSI - 54.38 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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