Major European Indices technical analysis

Germany DAX Index:

• Germany DAX index has recovered till 10496 after making a low of 10121. It is currently trading at 10470.
   
• The index minor support is around 10300 and break below targets 10100/9980.
   
• On the higher side major resistance is around 10522 (Kijun-Sen) and break above confirms minor trend reversal a jump till 10630/10800 is possible.

It is good to buy at dips around 10250-300 with SL around 1000 for the TP of 10680.

UK FTSE 100:

• FTSE 100 has broken major resistance 6020 which confirms short term trend reversal a jump till 6130/6180 is possible. Short term trend is slightly bullish as long as support 5900 holds.
   
• On the higher side major resistance is around 6020 and any break above 6020 will take the index till 660/6105/6130.
   
• The pair's major support is around 5900 and break below targets 5860/5800.

It is good to buy at dips around 5960-70 with SL around 5900 for the TP of 6040/6125

France CAC Index:

• CAC has recovered till 4633after making a low of 4467. It has closed around 4618
   
• On the higher side minor resistance is around 4640 and any break above 4640 will take the index to next level 4700/ trend reversal only above 4860.
   
• The index support is at 4500 and below that level will target 4460/4380.

It is good to buy at dips 4550-60 with SL around 4500 for the TP of 4635/4705.