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 18TH AUGUST 2025

Summary


Instrument

Trend

Phase

Price

VWAP

Support

Resistance

RSI

Germany 40

Neutral

Range

24,328

24,087

23,518

24,656

55

UK 100

Bullish

Pullback

9,140

9,129

9,071

9,192

56

Wall Street

Bullish

Correction

44,942

44,364

43,434

45,295

59

Brent Crude

Neutral

Range

6,520

6,761

6,283

7,238

38

Gold

Neutral

Range

3,337

3,340

3,285

3,415

47

EUR/USD

Bullish

Correction

1.1675

1.1618

1.1451

1.1784

53

GBP/USD

Bullish

Correction

1.3539

1.3410

1.3170

1.3648

58

USD/JPY

Neutral

Range

147.87

147.9

146.00

149.60

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 range-bound at 24,328, near its VWAP of 24,087. RSI at 55 indicates stable momentum. Support is 23,518 while resistance is 24,656.



UK 100 remains bullish but consolidating, trading at 9,140, slightly above VWAP 9,129. RSI at 56 reflects steady upward bias. Support is 9,071, resistance is 9,192.



Wall Street holds a bullish trend but is correcting, last at 44,942 near VWAP 44,364. RSI at 59 leans bullish. Support is 43,434, resistance 45,295.



Brent Crude is still in a choppy range, down to 6,520, now well below VWAP 6,761. RSI at 38 signals bearish momentum. Support stands at 6,283, resistance at 7,238.



Gold remains sideways and in the middle of its large range at 3,337, near VWAP 3,340. RSI at 47 reflects neutral tone. Support is 3,285, resistance 3,415.



EUR/USD has corrected within its uptrend and is now testing the highs, at 1.1675 above VWAP 1.1618. RSI at 53 suggests balanced momentum. Support is 1.1451, resistance 1.1784.



GBP/USD is tracking just below recent highs in a tight pullback, trading at 1.3539 above VWAP 1.3410. RSI at 58 signals bullish momentum. Support is 1.3170, resistance 1.3648.



USD/JPY stays range-bound at 147.87, aligned with VWAP 147.9. RSI at 53 reflects a neutral outlook. Support is 146.00, resistance 149.60.

DISCLAIMER


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