Technicals

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Major European Indices

Germany DAX - 24668 (0.08%) Major resistance- 24800 Near-term resistance - 24600/24700/24800. Minor support -23750/ 23580/23300/23000/22700/22300. Trend reversal level- 17000 The pair holds above short term (34 EMA , abo…

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Major European Indices
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Germany DAX -  24668 (0.08%)

Major resistance-  24800

 

Near-term resistance - 24600/24700/24800.

 

Minor support -23750/ 23580/23300/23000/22700/22300.

 

Trend reversal level- 17000

 

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

 

Indicators  (4-hour chart)

 

ADX-  Neutral (4-hour chart)

 

CCI (50)- Bullish

 

RSI - 69.94 (4-hour chart)

 

 

France CAC - 8083 (0.28%)

 

Major resistance- 8254

 

Near-term resistance -8200

Minor support-  7800/7750/7645/7600/7520.

Trend reversal level- 5600

 

Indicators

 

 

ADX-  Neutral (4-hour chart)

 

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

 

RSI - 58.04 (4-hour chart)

 

 

 

UK FTSE  - 9538 (-0.30%)

 

Major resistance- 9630

 

Near-term resistance - 9567

 

Minor support- 9460/9360/9260/9190/9140/9100/8990.
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Trend reversal level- 7535

 

 

Indicators

ADX-  Neutral (4-hour chart)

 

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

 

RSI - 59.07 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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