Start your week by identifying the key price levels and trends.
The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex. ----------------------------------------------------------------------------------- Germany 40 is displaying a neutral trend with price movements around the 20-period VWAP of 16,638. The index is supported at 16,446, with resistance at 16,811. The RSI is at 51, suggesting a balanced market dynamic.
UK 100 has entered a bearish trend, as indicated by the price consolidation around the 20-period VWAP of 7,609.2. The support level has dropped to 7,412.5, and resistance is at 7,805.9. The RSI has fallen to 35, indicating potential for further declines.
Wall Street shows a bullish trend with the price maintaining above the 20-period VWAP of 37,523. Support is found at 37,168, while resistance sits at 37,896. The RSI is elevated at 65, pointing to a strong bullish momentum.
Brent Crude Oil remains neutral, with prices slightly below the 20-period VWAP of 77.84. The commodity has formed support at 76.21 and faces resistance at 79.47. The RSI is neutral at 48.
Gold has shifted to a bearish trend, with the current price around the 20-period VWAP of 2,040. It has support at 2,011 and resistance at 2,069. The RSI has decreased to 45, indicating bearish momentum.
EUR/USD is now in a bearish trend, with prices below the 20-period VWAP of 1.089. Support and resistance are at 1.085 and 1.103, respectively. The RSI is at 44, which could signal a continuation of the downward trend.
GBP/USD shows a neutral trend, oscillating around the 20-period VWAP of 1.2706. The pair finds support at 1.2631 and resistance at 1.2786. The RSI is at 51, indicating a balanced market condition.
USD/JPY is bullish, with the price above the 20-period VWAP of 145.07. Support is established at 140.54, and resistance is at 149.61. The RSI is high at 68, suggesting strong bullish momentum.