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 28TH JULY 2025
Summary
| Instrument | Trend | Phase | Price | VWAP | Support | Resistance | RSI |
|---|---|---|---|---|---|---|---|
| Germany 40 | Bullish | Pullback | 24,308 | 24,307 | 23,768 | 24,650 | 54 |
| UK 100 | Bullish | Impulsive | 9,145 | 8,970 | 8,748 | 9,191 | 73 |
| Wall Street | Bullish | Pullback | 44,880 | 44,445 | 43,921 | 44,900 | 63 |
| Brent Crude | Neutral | Range | 6,768 | 6,866 | 6,717 | 7,015 | 45 |
| Gold | Neutral | Range | 3,337 | 3,337 | 3,290 | 3,407 | 47 |
| EUR/USD | Bullish | Correction | 1.1740 | 1.1699 | 1.1585 | 1.1814 | 59 |
| GBP/USD | Bullish | Correction | 1.3433 | 1.3511 | 1.3336 | 1.3687 | 42 |
| USD/JPY | Neutral | Range | 147.66 | 147.00 | 144.54 | 149.46 | 57 |
*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 remains in a bullish trend and is currently in a pullback phase. It trades at 24,308, almost identical to its VWAP of 24,307.5. The RSI at 54 suggests a pause in momentum. Support is found at 23,786 and resistance at 24,650.
UK 100 is in an impulsive bullish phase, breaking above previous highs with price at 9,145 well above the VWAP at 8,970. The RSI is at 73, indicating strong buying pressure. Support is at 8,748 and resistance is at 9,101.
Wall Street continues its bullish trend, pausing near recent highs. The price is at 44,880, above its VWAP of 44,445. RSI at 63 confirms steady bullish momentum. Support sits at 43,921 and resistance at 44,880.
Brent Crude remains in a broad neutral trend with short-term range-bound action. Price is at 6,768, just under VWAP of 6,866. RSI at 45 reflects a lack of directional conviction. Support is at 6,717 and resistance at 7,015.
Gold continues to trade sideways within a broad range. It trades at 3,337, nearly equal to its VWAP. The RSI at 47 suggests balance. Support is found at 3,290 and resistance at 3,407.
EUR/USD holds a bullish trend while undergoing a correction. It trades at 1.1740, close to its VWAP at 1.1699. The RSI at 59 shows mild positive momentum. Support is at 1.1585 and resistance at 1.1814.
GBP/USD is in a bullish trend but under corrective pressure and seemingly turning rangebound. The price is 1.3433, slightly below the VWAP of 1.3511. RSI is at 42, hinting at waning momentum. Support is 1.3336, resistance at 1.3687.
USD/JPY continues in a neutral trend but could be about to break higher, currently ranging around 147.66 and VWAP at 147.00. RSI at 57 shows a modest bullish bias after having pulled back from overbought territory. Support is at 144.54 and resistance at 149.46.
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 www.machibet777-app.com.
