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 21st JULY 2025
Summary
| Instrument | Trend | Phase | Price | VWAP | Support | Resistance | RSI |
|---|---|---|---|---|---|---|---|
| Germany 40 | Bullish | Pullback | 24,239 | 24,180 | 23,631 | 24,604 | 55 |
| UK 100 | Bullish | Impulsive | 8,984 | 8,886 | 8,708 | 9,064 | 61 |
| Wall Street | Bullish | Pullback | 44,429 | 44,400 | 43,894 | 44,788 | 58 |
| Brent Crude | Neutral | Range | 6,849 | 6,847 | 6,637 | 7,054 | 49 |
| Gold | Neutral | Range | 3,364 | 3,332 | 3,283 | 3,391 | 55 |
| EUR/USD | Bullish | Correction | 1.1643 | 1.1704 | 1.1571 | 1.1837 | 50 |
| GBP/USD | Bullish | Correction | 1.3455 | 1.3559 | 1.3316 | 1.3802 | 42 |
| USD/JPY | Neutral | Range | 147.78 | 146.25 | 142.57 | 149.94 | 59 |
*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 remains in a bullish trend but has entered a pullback phase. It is trading at 24,239, slightly above its VWAP of 24,180. The RSI at 55 suggests a neutral momentum with potential for a continuation of the uptrend. Support is found at 23,631 and resistance at 24,604.
UK 100
The UK 100 continues its bullish trend in an impulsive phase, trading at 8,984, above its VWAP of 8,886 but still below the key 9k level. This shows underlying strength. The RSI at 61 reflects continued buying interest. Support lies at 8,708 and resistance at 9,064.
Wall Street
Wall Street remains bullish but is experiencing a pullback just under the March highs, trading at 44,429 just above the VWAP of 44,400. The RSI at 58 suggests moderate bullish momentum. Support is at 43,894, and resistance is at 44,788.
Brent Crude
Brent Crude is in a neutral trend, currently in a tight range which fits inside a bigger range - with price at 6,849 and VWAP at 6,847. The RSI at 49 indicates balanced sentiment. Key support lies at 6,637, with resistance at 7,054.
Gold
Gold is in a neutral range phase, trading at 3,364 and below the VWAP of 3,332. The RSI of 55 shows slight bullish bias. Support is at 3,283, with resistance at 3,391.
EUR/USD
EUR/USD continues in a bullish trend but is correcting, with price at 1.1643 below its VWAP of 1.1704. The RSI at 50 implies neutral momentum. Support stands at 1.1571, and resistance is at 1.1837.
GBP/USD
GBP/USD remains in a bullish trend but is undergoing a correction. Price is at 1.3455, slightly below the VWAP of 1.3559. RSI at 42 shows weakening momentum. Support is at 1.3316 and resistance at 1.3802.
USD/JPY
USD/JPY is in a neutral trend and ranging as it tests the upper limits of the range for a possible breakout. It trades at 147.78, above the VWAP of 146.25. The RSI at 59 suggests slightly bullish momentum. Support is at 142.57, and resistance is at 149.94.
It's easy to open an account
- Fill in our simple online application form
- Fund your account
- Start trading the global markets instantly!
SEARCH FOR AN ARTICLE:
Enter a keyword and search for all relevant articlesMARKET ANALYSIS
RECENT POSTS
DISCLAIMER
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investors lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. For professional clients, spread betting and CFD trading can also result in losses larger than your initial stake or deposit.
Spreadex Ltd is authorised and regulated by the Financial Conduct Authority, provides an execution only service and does not provide advice in any way. Nothing within this update should be deemed to constitute the provision of investment advice, recommendations, any other professional advice in any way, or a record of our trading prices. This update does not constitute or form part of an offer of, or solicitation for a transaction in any financial instrument, nor shall it or the fact of its distribution form the basis of, or be relied on in connection with, any contract therefore. Any persons placing trades based on their interpretation of the comments or information within this update does so entirely at their own risk.
No representation, warranty, or undertaking, express or limited, is given as to the accuracy or completeness of the information or opinions contained within this update by Spreadex Ltd or any of its employees and no liability is accepted by such persons for the accuracy or completeness of any such information or opinions. As such, no reliance may be placed for any purpose on the information and opinions contained within this update.
The information contained within this update is the intellectual property of Spreadex Ltd and is protected by UK and International copyright laws. All rights reserved. Users may however freely download, distribute and reproduce extracts of the contents, subject always to accrediting Spreadex Ltd as the source and providing a hyperlink to machibet777.site.
