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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