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 11TH AUGUST 2025

Summary


Instrument

Trend

Phase

Price

VWAP

Support

Resistance

RSI

Germany 40

Neutral

Range

24061

24061

23540

24657

50

UK 100

Bullish

Pullback

9131

9120

9026

9188

61

Wall Street

Bullish

Correction

44264

44300

43563

45160

51

Brent Crude

Neutral

Range

6659

6840

6453

7226

42

Gold

Neutral

Range

3361

3361

3283

3435

50

EUR/USD

Bullish

Correction

1.1624

1.1625

1.14291

1.18296

50

GBP/USD

Bearish

Correction

1.3422

1.3389

1.31872

1.35921

51

USD/JPY

Neutral

Range

147.85

147.85

145.78

149.66

53

 

*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 is in a range-bound environment, currently trading at 24,061, exactly at its VWAP of 24,061. RSI at 50 reflects balanced momentum. Support lies at 23,540 and resistance is seen at 24,657.

The UK 100 continues its bullish trend, undergoing a small pullback. Price is at 9,131, just above its VWAP of 9,120. RSI at 61 indicates steady bullish interest. Support is at 9,026 and resistance is at 9,188.

Wall Street remains bullish but is now in a corrective phase. Price has dropped to 44,264, right below its VWAP of 44,300. The RSI of 51 suggests a neutral outlook with mild bullish undertones. Support is at 43,563 and resistance is at 45,160.

Brent Crude continues in a choppy range but has broken down to a 2-month low, trading at 6,659, below its VWAP of 6,840. The RSI at 42 highlights new downside pressure. Support sits at 6,453 and resistance at 7,226.

Gold remains in a neutral range, with price at 3,361, matching its VWAP and right in the middle of the range. The RSI at 50 shows a balanced market outlook. Support is at 3,283 and resistance is at 3,435.

EUR/USD holds a bullish trend but is correcting within a short term trading range. The pair trades at 1.1624, exactly at its VWAP. RSI at 50 reflects a balanced market. Support is at 1.14291 and resistance at 1.18296.

GBP/USD has rebounded within a downtrend to test the downtrend line. It trades at 1.3422, slightly above the VWAP of 1.3389. The RSI of 51 signals a balanced tone with possible upside. Support is at 1.3187 and resistance at 1.3592.

USD/JPY remains neutral in a range phase. A sharp reversal from above 150 has seen the price drop to 147.85, equal to its VWAP. RSI at 53 suggests a balanced outlook. Support is at 145.78 and resistance stands at 149.66.

DISCLAIMER


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