Global Weekly Technical (Week 30 May- 3 Jun, 16)

Standard & Poor 500

SP500Updates & points to watch:

  1. Last done: 2,099.06
  2. Resistance level: 2,100
  3. Support level: 2,039
  4. RSI: 61.40/ Bullish signal
  5. MA50/ MA200: 2,066/ 2,010
  6. Trend: Broke MA50, testing resistance

Kuala Lumpur Composite Index

KLCIUpdates & points to watch:

  1. Last done: 1637.19
  2. Resistance zone: 1,724-1,745
  3. Support zone: 1,623-1,641
  4. MA200: 1,661
  5. RSI: 41.86/ Bearish channel
  6. Trend: Below MA20 & 50, bearish zone

Hang Seng Index

HSIUpdates & points to watch:

  1. Last done: 20,576.77
  2. Resistance level: 20,895
  3. Support level: 19,739
  4. MA50/ MA200: 20,558/ 21,206
  5. RSI: 55.96/ Slightly bullish
  6. Trend: Testing to stay above MA50

Nikkei 225

NIKKEIUpdates & points to watch:

  1. Last done: 16,834
  2. Resistance level: 16,869
  3. Support level: 16,524
  4. MA50/ MA200: 16,660/ 17,903
  5. RSI: 54.44/ Bullish mode
  6. Trend: Consolidation mode

Deutscher Aktienindex

DAXUpdates & points to watch:

  1. Last done: 10,286
  2. Resistance zone: 10,158-10,292
  3. Support level: 9,864
  4. MA50/ MA200: 9,993/ 10,113
  5. RSI: 60.58/ Bullish mode
  6. Trend: Above MA50, bullish mode

Gold Futures

GOLDUpdates & points to watch:

  1. Last done: 1,213.80
  2. Resistance zone: 1,237-1,264
  3. Support level: 1,197
  4. MA50/ MA200: 1,248/ 1,163
  5. RSI: 33.06/ Bearish
  6. Trend: Broke below MA50,  bearish mode

Crude Oil

CRUDE OILUpdates & points to watch:

  1. Last done: 49.33
  2. Support level: 48.51
  3. RSI: 69.54/ Bullish mode
  4. Trend: Broke 11-months resistance, observation needed

USDMYR

USDMYRUpdates & points to watch:

  1. Last done: 4.0790
  2. Resistance level: 4.1409
  3. Support level: 3.8689
  4. MA200: 4.1897
  5. RSI: 61.46/ Bullish mode
  6. Trend: Bullish, testing support

Disclaimer: Recommendation solely based on reliable sources and updates. It neither represents the interest nor the standpoints of any parties.

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