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 9TH JUNE 2025
Summary
| Instrument | Trend | Phase | Price | VWAP | Support | Resistance | RSI |
|---|---|---|---|---|---|---|---|
| Germany 40 | Bullish | Impulsive | 24,202 | 24,031 | 23,641 | 24,422 | 61.1 |
| UK 100 | Bullish | Impulsive | 8,833 | 8,760 | 8,679 | 8,850 | 63.9 |
| Wall Street | Bullish | Impulsive | 42,806 | 42,235 | 41,513 | 42,857 | 61.8 |
| Brent Crude | Neutral | Consolidation | 6,628 | 6,464 | 6,268 | 6,640 | 58.4 |
| Gold | Neutral | Consolidation | 3,320 | 3,310 | 3,231 | 3,396 | 51.4 |
| EUR/USD | Bullish | Consolidation | 1.1434 | 1.1347 | 1.1208 | 1.1486 | 58.5 |
| GBP/USD | Bullish | Impulsive | 1.3573 | 1.3481 | 1.3328 | 1.3636 | 62.3 |
| USD/JPY | Neutral | Consolidation | 144.04 | 144.00 | 142.24 | 145.61 | 49.3 |
*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 and is currently in an impulsive phase, trading at 24,202, slightly above its VWAP of 24,031. The RSI at 61.1 suggests steady buying interest. Support is at 23,641, with resistance at 24,422.
UK 100
The UK 100 continues in a bullish trend, trading at 8,833, above its VWAP of 8,760, indicating underlying strength. The RSI at 63.9 supports ongoing momentum. Support is at 8,679, with resistance at 8,850.
Wall Street
Wall Street remains in a bullish trend and is currently in an impulsive phase, trading at 42,806, above its VWAP of 42,235. The RSI of 61.8 indicates sustained buying strength. Support is at 41,513, with resistance at 42,857.
Brent Crude
Brent Crude is in a neutral consolidation phase, trading at 6,628, slightly above its VWAP of 6,464, indicating tight price action. The RSI at 58.4 suggests a balanced market outlook. Support is at 6,268, with resistance at 6,640.
Gold
Gold remains in a neutral consolidation phase, trading at 3,320, marginally above its VWAP of 3,310, indicating cautious market interest. The RSI at 51.4 points to a neutral stance. Support is at 3,231, with resistance at 3,396.
EUR/USD
EUR/USD is in a bullish trend but in a consolidation phase, trading at 1.1434, slightly above its VWAP of 1.1347. The RSI at 58.5 indicates steady buying interest. Support is at 1.1208, with resistance at 1.1486.
GBP/USD
GBP/USD is in a bullish impulsive phase, trading at 1.3573, above its VWAP of 1.3481, confirming ongoing strength. The RSI at 62.3 shows solid bullish momentum. Support is at 1.3328, with resistance at 1.3636.
USD/JPY
USD/JPY is currently in a neutral consolidation phase, trading at 144.04, matching its VWAP of 144.00. The RSI at 49.3 points to a neutral tone. Support is at 142.24, with resistance at 145.61.
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