Technicals

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Major European Indices

Germany DAX - 24387 (0.11%) Major resistance- 24800 Near-term resistance 24445/24600/24700/24800. Minor support - 24200/23950/23600/23000/22700/22300. Trend reversal level- 17000 The pair holds above short-term (34 EMA, …

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Major European Indices
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Germany DAX -  24387 (0.11%)

Major resistance-  24800

 

Near-term resistance 24445/24600/24700/24800.

 

Minor support - 24200/23950/23600/23000/22700/22300.

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX- Neutral (4-hour chart)

 

CCI (50)- Bullish

RSI - 49.95  (4-hour chart)

 

France CAC - 7948 (0.67%)

 

Major resistance- 8254

 

Near-term resistance - 8000/8200

Minor support-  7750/7680/7520/7450/7340/7300/7250/7200.

Trend reversal level- 5600

 

Indicators

 

ADX- Bullish (4-hour chart)

 

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

 

RSI - 70.30 (4-hour chart)

 

UK FTSE  - 9176 (0.01%)

 

Major resistance- 9290

 

Near-term resistance - 9200

 

Minor support- 8990/8800/8685/8600/8500/ 8400/8265/8170/8060/7995

Trend reversal level- 7535

 

 

Indicators

ADX-  Neutral (4-hour chart)

 

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

 

RSI - 54.60 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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