Weekly Technical Analysis
Technical Analysis Weekly
Start your week by identifying the key price levels and trends with analysis of the most popular markets, including indices, commodities & forex, from the SpreadEx Research team.
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Wall Street (4 hours)
Price is making lower lows and is back under the moving averages.
Source: SpreadEx
Trend |
Support |
Pivot |
Resistance |
Down |
33,700 |
34,900 |
35,800 |
UK 100 (4 hours)
Price made a failed break higher but found support at the 200 DMA.
Source: SpreadEx
Trend |
Support |
Pivot |
Resistance |
Up |
7300 |
7620 |
7800 |
Germany 40 (4 hours)
Price is rebounding off range support.
Source: SpreadEx
Trend |
Support |
Pivot |
Resistance |
Down |
14,500 |
14,900 |
15,600 |
Gold (4 hours)
Price has broken out and could target the YTD high.
Source: SpreadEx
Trend |
Support |
Pivot |
Resistance |
Up |
1825 |
1850 |
1885 |
Silver (4 hours)
Price found support at the MAs and made a new high.
Source: SpreadEx
Trend |
Support |
Pivot |
Resistance |
Sideways |
22.80 |
23.70 |
24.50 |
Brent Crude (4 hours)
Price is pulling back from the 96 level.
Source: SpreadEx
Trend |
Support |
Pivot |
Resistance |
Up |
90 |
94 |
99 |
GBP/USD (4 hours)
Price is testing range support after a double top.
Source: SpreadEx
Trend |
Support |
Pivot |
Resistance |
Up |
1.343 |
1.35 |
1.365 |
EUR/USD (4 hours)
Price is consolidating under the 1.15 level
Source: SpreadEx
Trend |
Support |
Pivot |
Resistance |
Up |
1.115 |
1.138 |
1.15 |
USD/JPY (4 hours)
Price is stabilising after a pullback to the 200 DMA.
Source: SpreadEx
Trend |
Support |
Pivot |
Resistance |
Up |
114.2 |
115.5 |
116.3 |
Russia ETF (Daily line)
Price is turning lower again after a brief rebound following the ‘death cross’.
Source: SpreadEx
Trend |
Support |
Pivot |
Resistance |
Down |
2000 |
25600 |
2850 |
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