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The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex.
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Analysis
Germany 40 remains in a bearish trend but is currently undergoing a prolonged correction. It’s trading at 21,122, hovering just around its 20-day VWAP of 21,120. The RSI reads 47, suggesting a stabilisation in momentum. Support is found at 19,360, while resistance sits higher at 22,687.
UK 100 is in a bearish correction phase, trading at 8,293, back over its VWAP of 8071. RSI at 50 indicates neutral momentum. Support lies at 7,509, while resistance is overhead at 8,633.
Wall Street continues to correct within a broader bearish context. Currently priced at 38,588, it's just below its VWAP of 40,901. With an RSI of 40.8, momentum remains on the weak side. Support is seen at 37,161, while resistance looms near 43,021.
Brent Crude is correcting within a bearish trend, trading at 6,621—just below its VWAP of 6,691. RSI at 45.7 reflects subdued momentum. Support is found at 5,903, while resistance remains a stretch away at 7,479.
Gold maintains its bullish impulsive trend, pushing to fresh highs at 3,446. It is trading well above its VWAP of 3,446, confirming the strong trend. The RSI at 78.3 places it firmly in overbought territory, signalling powerful momentum but also increased risk of sudden turnaround. Support is marked at 2,893, while resistance now matches the current price.
The weak US dollar means EUR/USD is advancing in a bullish impulsive move, now at 1.1465, trading comfortably above the VWAP of 1.1137. RSI stands at 70.2, suggesting overbought conditions may limit further upside short term. Support lies at 1.0633, with resistance at
GBP/USD is climbing steadily in an impulsive bullish phase, priced at 1.3368 and trading above the VWAP of 1.3051. The RSI of 72.1 indicates overbought territory. Support is seen at 1.2653, while resistance is just ahead at 1.3448.
USD/JPY remains in a bearish impulsive trend, currently at 140.66 and well beneath its VWAP of 145.17. RSI at 30.7 puts it right on the edge of oversold territory. Support is nearby at 139.11, while resistance sits at 151.23.
The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex.
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Analysis
Germany 40 remains in a bearish trend but is currently undergoing a prolonged correction. It’s trading at 21,122, hovering just around its 20-day VWAP of 21,120. The RSI reads 47, suggesting a stabilisation in momentum. Support is found at 19,360, while resistance sits higher at 22,687.
UK 100 is in a bearish correction phase, trading at 8,293, back over its VWAP of 8071. RSI at 50 indicates neutral momentum. Support lies at 7,509, while resistance is overhead at 8,633.
Wall Street continues to correct within a broader bearish context. Currently priced at 38,588, it's just below its VWAP of 40,901. With an RSI of 40.8, momentum remains on the weak side. Support is seen at 37,161, while resistance looms near 43,021.
Brent Crude is correcting within a bearish trend, trading at 6,621—just below its VWAP of 6,691. RSI at 45.7 reflects subdued momentum. Support is found at 5,903, while resistance remains a stretch away at 7,479.
Gold maintains its bullish impulsive trend, pushing to fresh highs at 3,446. It is trading well above its VWAP of 3,446, confirming the strong trend. The RSI at 78.3 places it firmly in overbought territory, signalling powerful momentum but also increased risk of sudden turnaround. Support is marked at 2,893, while resistance now matches the current price.
The weak US dollar means EUR/USD is advancing in a bullish impulsive move, now at 1.1465, trading comfortably above the VWAP of 1.1137. RSI stands at 70.2, suggesting overbought conditions may limit further upside short term. Support lies at 1.0633, with resistance at
GBP/USD is climbing steadily in an impulsive bullish phase, priced at 1.3368 and trading above the VWAP of 1.3051. The RSI of 72.1 indicates overbought territory. Support is seen at 1.2653, while resistance is just ahead at 1.3448.
USD/JPY remains in a bearish impulsive trend, currently at 140.66 and well beneath its VWAP of 145.17. RSI at 30.7 puts it right on the edge of oversold territory. Support is nearby at 139.11, while resistance sits at 151.23.
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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.
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.