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 1st SEPTEMBER 2025

Summary


Instrument

Trend

Phase

Price

VWAP

Support

Resistance

RSI

Germany 40

Neutral

Range

23,938

24,213

23,900

24,524

41

UK 100

Bullish

Pullback

9,193

9,193

9,042

9,364

50

Wall Street

Bullish

Pullback

45,550

44,948

43,934

45,962

64

Brent Crude

Neutral

Range

6,745

6,656

6,490

6,822

51

Gold

Bullish

Impulsive

3,447

3,368

3,293

3,450

68

EUR/USD

Bullish

Correction

1.1692

1.1690

1.1595

1.1735

54

GBP/USD

Bullish

Correction

1.3505

1.3500

1.3405

1.3581

53

USD/JPY

Neutral

Range

147.00

147.45

146.60

148.27

47

 

*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 is range-bound at 23,938, under its VWAP of 24,213. RSI at 41 signals weaker momentum. Support at 23,00 is being tested while resistance is 24,524.

UK 100 remains bullish but has pulled back from record highs down to its VWAP, trading at 9,193. RSI at 50 shows neutral momentum. Support is 9,042, resistance is 9,364.

Wall Street has entered a new bullish trend and is consolidating under record highs, last at 45,550 above its VWAP 44,948. RSI at 64 leans bullish. Support is 43,934, resistance 45,962.

Brent Crude is still in a choppy range, at 6,745 the price is back above its VWAP of 6,656. RSI at 51 reflects neutral momentum. Support stands at 6,490, resistance at 6,822.

Gold has broken higher, trading at 3,447 above VWAP 3,368 and near the top of its 4-month range. RSI at 68 demonstrates the fresh bullish momentum. Support is 3,293, resistance is being tested at 3,450.

EUR/USD is testing the highs, trading at 1.1692 above VWAP 1.1692. RSI at 54 suggests balanced momentum. Support is 1.1596, resistance 1.1735.

GBP/USD is consolidating in an extended correction of a bullish trend, trading at 1.3505 near VWAP 1.3500. RSI at 53 signals a stable tone. Support is 1.3405, resistance is 1.3581.

USD/JPY stays range-bound at 147.00, now just below the VWAP at 147.45. RSI at 47 reflects a neutral outlook. Support is 146.60, resistance 148.27.

DISCLAIMER


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