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 20th OCTOBER 2025

Summary


Instrument
Trend
Phase
Price
VWAP
Support
Resistance
RSI

Germany 40
Neutral
Range
24057
24026
23683
24729
48.4

UK 100
Bullish
 Correction
9394
9403
9287
9558
51.4

Wall Street
Bullish
Correction
46303
46300
45630
46911
52.6

Brent Crude
Neutral
Range
6094
6422
5983
6860
30.9

Gold
Bullish
Impulsive
4259
4015
3677
4353
75.5

EUR/USD
Neutral
Range
1.1666
1.1658
1.1556
1.1782
49.0

GBP/USD
Bullish
Correction
1.3423
1.3400
1.3299
1.3514
49.8

USD/JPY
Bullish

Pullback
150.67
150.30
146.60
154.01
54.2

 

*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.
- Price at the time of writing.
- Support & Resistance are set by the StdDev #2 Lower and Upper respectively.
- RSI level (70 is overbought and under 30 is oversold).

Analysis

Germany 40 has re-entered its trading range after a failed bullish breakout. Price trades at 24,057, slightly below its VWAP of 24,206. RSI at 48.4 suggests subdued momentum. Support lies at 23,683, while resistance is 24,729.

The UK 100 maintains a bullish trend but is undergoing a corrective phase. Price has pulled back to 9,394, below its VWAP of 9,403. The RSI at 51.4 indicates weak bullish momentum. Support is at 9,287, and resistance stands at 9,558.

Wall Street remains in a bullish trend but continues to correct lower, currently at 46,303, on top of its VWAP. RSI at 52.6 shows a neutral stance. Support lies at 45,630, and resistance is estimated at 46,911.

Brent Crude is turning bearish within its broader range. Price has fallen to 6,094, below the VWAP of 6,422. RSI at 30.9 indicates strongly bearish momentum. Support sits at 5,983, while resistance is at 6,860.

Gold extends its bullish run in a strong impulsive phase, trading at 4,259, significantly above the VWAP of 4,015 but down a bit from all time highs. The RSI at 75.5 signals less overbought conditions. Support is way down at 3,677, and resistance is at 4,353.

EUR/USD holds its trading range, now trading at 1.1666, right next to its VWAP. RSI at 49.0 signals neutral momentum. Support is at 1.1556, and resistance is at 1.1782.

GBP/USD stays in a bullish trend but is correcting sideways, trading at 1.3423, slightly above the VWAP of 1.3400. RSI at 49.8 shows consolidation. Support is at 1.3299, with resistance at 1.3514.

USD/JPY is in a pullback following its bullish range-breakout, currently at 150.67, just above its VWAP of 150.30. The RSI at 54.2 reflects moderate bullish momentum. Support lies at 146.60, and resistance is at 154.01.

MARKET ANALYSIS

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