Technical Analysis Weekly

Germany 40 is neutral and ranging, with price at 23,932 slightly below the VWAP of 24,139. RSI at 46.2 reflects limited directional conviction. Support is at 23,693, resistance at 24,586.



Wall Street remains bullish in a pullback phase, with price at 47,165 aligned closely with the VWAP at 47,100. RSI at 63.8 signals steady demand and room before overbought conditions. Support is at 46,312, resistance at 47,919.



UK 100 continues its bullish trend but is in a short-term pullback. Price at 9,754 trades above the VWAP of 9,641. RSI at 64.9 indicates firm momentum. Support sits at 9,394, resistance at 9,888.



GBP/USD has turned bearish, but is in a pullback phase- bouncing towards the bottom of its former range, trading at 1.3178 below the VWAP of 1.3232. RSI at 45.0 hints at mild rebound potential within a broader downtrend. Support lies at 1.2993, resistance at 1.3472.



EUR/USD stays under bearish pressure but has entered a pullback back up towards the VWAP of 1.1584. RSI at 46.6 shows consolidation after prior weakness. Support is at 1.1476, resistance at 1.1693.



USD/JPY holds a bullish bias while in a pullback, trading at 154.08 above the VWAP of 152.87. RSI at 61.1 confirms ongoing upward momentum. Support lies at 150.70, resistance at 155.04.



Gold is seemingly breaking back higher after a correction phase, priced at 4,000 just below the VWAP of 4,054. RSI at 56.4 reflects balanced momentum after strong gains. Support stands at 3,840, resistance at 4,267.



Brent Crude is neutral and range-bound, trading at 6,406 near the VWAP of 6,381. RSI at 49.3 confirms indecision with neither side dominant. Support is at 6,108, resistance at 6,655.