Weekly Technical Analysis
Weekly Technical Analysis
Technical Analysis Weekly
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.
NOTE: These charts use the ‘Pro Trading Tools’ available on the SpreadEx trading platform. To use them, log in to your and click ‘Technical’ from the menu on any chart.
WEEK COMMENCING 30th JUNE 2025
Summary
| Instrument | Trend | Phase | Price | VWAP | Support | Resistance | RSI |
|---|---|---|---|---|---|---|---|
| Germany 40 | Neutral | Range | 24,021 | 23,601 | 22,882 | 24,320 | 58 |
| UK 100 | Neutral | Range | 8,791 | 8,833 | 8,731 | 8,916 | 52 |
| Wall Street | Bullish | Breakout | 44,022 | 42,673 | 41,379 | 44,000 | 71 |
| Brent Crude | Neutral | Range | 6,699 | 7,063 | 6,206 | 7,919 | 45 |
| Gold | Neutral | Range | 3,293 | 3,349 | 3,252 | 3,446 | 44 |
| EUR/USD | Bullish | Breakout | 1.1722 | 1.1552 | 1.1349 | 1.1730 | 71 |
| GBP/USD | Bullish | Impulsive | 1.3700 | 1.3559 | 1.3358 | 1.3761 | 63 |
| USD/JPY | Neutral | Range | 144.13 | 144.87 | 143.42 | 146.42 | 46 |
*KEY
Trend is set by the slope of the VWAP over 50 periods
Phase is determined by the current price relative to the VWAP (20) level (above or below)
Support & Resistance are set by the StdDev #2 Lower and Upper respectively.
Momentum is determined by the RSI level (70 as overbought and under 30 as oversold).
Analysis
Germany 40
Germany 40 is neutral and ranging, eyeing a possible breakout. It trades at 24,021, close to its VWAP of 23,601. The RSI at 58 shows mild bullish bias. Support is at 22,882 and resistance at 24,320.
UK 100
The UK 100 is also in a neutral range phase, trading at 8,791 just under the VWAP of 8,833 - still with 9k on the horizon. RSI sits at 52, indicating balance. Key support lies at 8,731, with resistance at 8,916.
Wall Street
Wall Street has broken out above 43k into a new bullish phase. It’s trading at 44,032, significantly above its VWAP of 42,673. RSI at 71 confirms strong upward momentum. Support is at 41,379, resistance is being tested now.
Brent Crude
Brent Crude is currently in a neutral range phase, trading at 6,699 having slumped back below its VWAP of 7,063. The RSI at 45 signals low momentum. Support is noted at 6,206, with resistance at 7,919.
Gold
Gold is moving sideways in a neutral range, drifting lower after a failed breakout over 3,400, priced at 3,293 with VWAP at 3,349. RSI is soft at 44. Support comes in at 3,252 and resistance at 3,446.
EUR/USD
EUR/USD is bullish and breaking out - with the 1.20 handle in sight. It trades at 1.1722, easily above the VWAP of 1.1552. RSI at 71 reflects strong buying pressure. Support is at 1.1349, resistance at 1.1730.
GBP/USD
GBP/USD is bullish and moving impulsively. It trades at 1.3700, above the VWAP of 1.3559. RSI at 63 signals steady upward momentum. Support sits at 1.3358, and resistance at 1.3761.
USD/JPY
USD/JPY is neutral and ranging, trading at 144.13 slightly below VWAP at 144.87. The RSI is weak at 46. Support via May & June lows is only just below with the 2 s.d. of the VWAP at 143.42, while resistance is higher at 146.32.
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