Germany 40, Daily

Technical Analysis Weekly

21
Germany 40 is now in a range-bound environment, currently trading at 23,630, below its VWAP of 24,150 and close to StdDev #2 Lower. RSI at 43 reflects weakening momentum. Support lies at 23,630 and resistance is seen at 24,740

snapshot

UK 100continues its bullish trend, undergoing a small pullback. Price is at 9,102, just above its VWAP at 9059. RSI at 61 indicates steady bullish interest. Support is at 8,906 and resistance is at 9,212

snapshot

Wall Street remains bullish but is now in a corrective phase. Price has dropped to 43,786, below its VWAP of 44,407. The RSI of 43 highlights growing downside pressure. Support is at 43,580, and resistance is at 45,253.

snapshot

Brent Crude continues in a choppy range, albeit with lower volatility, trading at 6,932, right at its VWAP. The RSI at 50 confirms the lack of directional bias. Support sits at 6,631 and resistance at 7,198.

snapshot

Gold continues to consolidate in a broad triangle pattern - keeping it in a neutral range, with price at 3,357, nearly equal to its VWAP. The RSI at 53 shows a balanced outlook. Support is at 3,280 and resistance at 3,416.


snapshot

EUR/USD holds a bullish trend but is correcting. The pair trades at 1.1565, slightly below the VWAP of 1.1635. RSI at 45 reflects subdued buying pressure. Support is at 1.1435 and resistance at 1.1834.

snapshot

GBP/USD has potentially entered a new bearish trend in a quick reversal from the prior uptrend. It trades at 1.3275, below the VWAP of 1.3404. The RSI of 36 signals fresh bearish momentum. Support is at 1.3204 and resistance at 1.3604.

snapshot

USD/JPY remains neutral and in a range phase but is possibly building a new uptrend with its recent drop back from range resistance. Price is 147.95, aligned with the VWAP. RSI at 53 suggests a balanced tone. Support is near 145.95 and resistance stands at 149.88.

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.