Weekly Technical Analysis

- Germany 40 is range-bound at 23,938, under its VWAP of 24,213. RSI at 41 signals weaker momentum. Support at 23,00 is being tested while resistance is 24,524.




- UK 100 remains bullish but has pulled back from record highs down to its VWAP, trading at 9,193. RSI at 50 shows neutral momentum. Support is 9,042, resistance is 9,364.




- Wall Street has entered a new bullish trend and is consolidating under record highs, last at 45,550 above its VWAP 44,948. RSI at 64 leans bullish. Support is 43,934, resistance 45,962.



- Brent Crude is still in a choppy range, at 6,745 the price is back above its VWAP of 6,656. RSI at 51 reflects neutral momentum. Support stands at 6,490, resistance at 6,822.



- Gold has broken higher, trading at 3,447 above VWAP 3,368 and near the top of its 4-month range. RSI at 68 demonstrates the fresh bullish momentum. Support is 3,293, resistance is being
tested at 3,450.



- EUR/USD is testing the highs, trading at 1.1692 above VWAP 1.1692. RSI at 54 suggests balanced momentum. Support is 1.1596, resistance 1.1735.



- GBP/USD is consolidating in an extended correction of a bullish trend, trading at 1.3505 near VWAP 1.3500. RSI at 53 signals a stable tone. Support is 1.3405, resistance is 1.3581.



- USD/JPY stays range-bound at 147.00, now just below the VWAP at 147.45. RSI at 47 reflects a neutral outlook. Support is 146.60, resistance 148.27.