Technical Analysis Weekly

Germany 40 is neutral and ranging, with price at 23,843 slightly below the VWAP of 24,026. RSI at 44.2 reflects limited bearish conviction. Support is at 23,610, resistance at 24,410.



Wall Street remains bullish in a pullback phase, with price at 47,217 under the VWAP at 47,439. RSI at 50.6 signals neutral momentum and room for recovery. Support is at 46,823, resistance at 47,919.



UK 100 continues its bullish trend but is in a short-term pullback. Price at 9,689 trades back below the VWAP of 9,743. RSI at 51.2 indicates neutral momentum. Support sits at 9,611, resistance at 9,875.



GBP/USD is still bearish, but is in a pullback phase- bouncing towards the bottom of its former range, trading at 1.3163 on top of its VWAP. RSI at 43.6 hints at mild rebound potential within a broader downtrend. Support lies at 1.3015, resistance at 1.3315.



EUR/USD stays under bearish pressure but is an extended correction with a breaking of downtrend-line and rebound over the VWAP. RSI at 50.3 shows consolidation after prior weakness. Support is at 1.1477, resistance at 1.1677.



USD/JPY holds a bullish bias - pushing into the 155 round number, trading at 154.72 above the VWAP of 153.72. RSI at 63.8 confirms ongoing, yet fading, upward momentum. Support lies at 152.11, resistance at 155.33.



Gold is still undergoing a general correction - forming lower peaks but rising troughs, priced at 4,081 just above the VWAP of 4,039. RSI at 52.7 reflects balanced momentum after strong gains. Support stands at 3,886, resistance at 4,191.



Brent Crude is neutral and range-bound, trading at 6,366 near the VWAP of 6,412. RSI at 48.3 confirms indecision with neither side dominant. Support is at 6,255, resistance at 6,568.