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 decemBER 2025

Summary


Instrument

Trend

Phase

Price

VWAP

Support

Resistance

RSI

Germany 40

Neutral

Range

23503

23616

22866

24366

44.9

UK 100

Bullish

 Correction

9707

9667

9439

9895

54.7

Wall Street

Bullish

Correction

47515

46903

45592

48214

56.9

Brent Crude

Neutral

Range

6310

6300

6140

6481

49.3

Gold

Bullish

 Correction

4069

4068.9

3916

4196

51.0

EUR/USD

Neutral

Range

1.1626

1.1574

1.1497

1.1626

58.8

GBP/USD

Bearish

Correction


1.3232

1.3155

1.3043

1.3267

56.2

USD/JPY

Bullish

Impulse


155.12

155.5

153.35

157.66

50.8

 

*KEY*

- Price and 20-day VWAP at the time of writing.

- RSI level (70 is overbought and under 30 is oversold).

- Support & Resistance are set by the StdDev #2 Lower and Upper respectively.

- 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.

Analysis

Wall Street remains bullish but is now in a correction phase, trading at 47,515 above the VWAP at 46,903 but below former highs. RSI at 56.9 suggests a resumption of bullish momentum. Support is at 45,592, resistance at 48,214.

UK 100 continues to trend bullishly but is rebounding inside a correction phase. Price is at 9,707, just above the VWAP of 9,667. RSI at 54.7 reflects neutral momentum. Support is 9,439, with resistance at 9,895.

Germany 40 is in a neutral range after avoiding a major breakdown, trading at 23,503 near the VWAP of 23,616. RSI at 44.9 indicates indecision. Support is at 22,866, resistance at 24,366.

GBP/USD is in a bearish correction phase - rebounding after a breakdown from its former range, with price at 1.3232 just above VWAP at 1.3155. RSI of 56.2 hints at mild rebound potential. Support is at 1.3043, resistance at 1.3267.

EUR/USD continues within a neutral range, having not taken out significant formers lows, trading at 1.1626 slightly above VWAP of 1.1574. RSI at 58.8 signals modest bullish bias. Support is 1.1497, resistance at 1.1652.

USD/JPY is undergoing a pullback within its bullish trend after testing multi-year highs, trading at 155.12 under the VWAP of 155.50. RSI at 50.8 reflects balanced momentum. Support is at 153.35, resistance at 157.66.

Gold is rallying again after breaking out of a triangle pattern but is still in a correction phase below former highs within its bullish trend, trading at 4,256 above VWAP of 4,117. RSI at 66.3 signals continued strength. Support lies at 3,986 with resistance at 4,256.

Brent Crude remains in a neutral range, having avoided a breakdown below the key 6,000 figure, trading at 6,310 on top of its VWAP of 6,300. RSI at 49.3 indicates balanced conditions. Support is at 6,140, with resistance at 6,481.

DISCLAIMER


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