Global Weekly Technical (Week 1 – 5 Aug, 16)

Standard & Poor 500

Updates & points to watch:

1. Last done: 2,173.60
2. Resistance level: 2,182
3. Support level: 2,130
4. RSI: 64.16/ Bullish
5. MA50/ MA200: 2,108/ 2,041
6. Trend: Bullish

Kuala Lumpur Composite Index

Updates & points to watch:

1. Last done: 1653.26
2. Resistance level: 1,666
3. Support level: 1,647
4. MA50/ MA200: 1,644/ 1,667
5. RSI: 48.83/ Mild bull
6. Trend: Mild bull

Hang Seng Index

Updates & points to watch:

1. Last done: 21,891.37
2. Resistance level: 22,071
3. Support level: 20,561
4. MA50/ MA200: 20,910/ 20,961
5. RSI: 60.56/ Retracing
6. Trend: Retracing

Nikkei 225

Updates & points to watch:

1. Last done: 16,569.27
2. Resistance level: 17,235
3. Support level: 16,115
4. MA50/ MA200: 16,228/ 17,292
5. RSI: 56.10/ Bullish
6. Trend: Bullish

Deutscher Aktienindex

Updates & points to watch:

1. Last done: 10,337.50
2. Resistance level: 10,383
3. Support level: 10,191
4. MA50/ MA200: 9,946/ 10,078
5. RSI: 63.36/ Bullish
6. Trend: Bullish

Gold Futures

Updates & points to watch:

1. Last done: 1,349
2. Resistance level: 1,352
3. Support level: 1,298
4. MA50/ MA200: 1,313/ 1,219
5. RSI: 61.63/ Rebounding
6. Trend: Rebounding

Crude Oil

Updates & points to watch:

1. Last done: 41.60
2. Resistance level: 44.26
3. Support level: 40.42
4. RSI: 32.45/ Bearish
5. Trend: Bearish

USDMYR

Updates & points to watch:

1. Last done: 4.0705
2. Resistance level: 4.1019
3. Support level: 4.0460
4. MA50/ MA200: 4.0565/ 4.1386
5. RSI: 47.91/ Retracing
6. Trend: Bullish

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