Blog
Technical Report
- Home
- Technical Report
Index and Commodities Trading week beginning 16 / 06 / 2025
- June 15, 2025
XJO WEEKLY Price structure: Rejection bar The XJO has extended its upward momentum, registering an intraday high beyond the February peak of 8615 points. However, despite this temporary breakout, the closing price fell within the high, forming a Fake Out (FO) bar, a pattern often signalling exhaustion in the rally. The significance of this FO
READ MOREIndex and Commodities Trading week beginning 09 / 06 / 2025
- June 8, 2025
XJO WEEKLY Price structure: Continuing momentum The S&P/ASX 200 Index (XJO) has posted another positive weekly close, reinforcing the prevailing upward trajectory and signaling sustained bullish sentiment. The index continues to build on its recent momentum, with buyers maintaining control as price action approaches a critical resistance zone, Key Resistance Zone of 8514 & short-term
READ MORE
First Light News: Global steel and aluminium imports have doubled from 25% to 50%
- June 4, 2025
Good morning, US President Donald Trump has doubled the tariff rate on global steel and aluminium imports to 50% from 25% today. However, for now, the UK will remain at 25% on the back of the preliminary trade arrangement. On the US-China trade front, Trump and Chinese President Xi Jinping appear no closer to a
READ MOREIndex and Commodities Trading week beginning 02 / 06 / 2025
- June 1, 2025
XJO WEEKLY Price structure: Continuing momentum The S&P/ASX 200 Index (XJO) has recorded another positive weekly close, reinforcing the prevailing upward trajectory. The next key resistance zone is marked by a confluence of technical factors: the 8514-resistance level and the current short-term trendline, which together represent a significant barrier for further bullish momentum. This confluence
READ MOREIndex and Commodities Trading week beginning 26 / 05 / 2025
- May 25, 2025
XJO WEEKLY Price structure: Momentum loss A short range week from open to close shows indecision within the current rally from the 7632 low area. As price moves to the confluence of the 8514 resistance level and below the short trendline further resistance may found in the coming week. The development of a trading range
READ MOREIndex and Commodities Trading week beginning 19 / 05 / 2025
- May 18, 2025
XJO WEEKLY Price structure: Bullish continuation The S&P/ASX 200 Index (XJO) recently saw a bullish retest of the 8083 support level, indicating consolidation. This level has been closely watched by traders, and the market’s ability to hold above it suggests continued upward momentum. The index has been displaying strong buyer dominance, with a breakout above
READ MOREIndex and Commodities Trading week beginning 12 / 05 / 2025
- May 11, 2025
XJO WEEKLY Price structure: Bullish retest The S&P/ASX 200 Index (XJO) has set a short-range trading week, with a retest of the 8083 support level mid-week. This suggests that the market is consolidating, with traders closely watching whether this level will hold or break. A retest of 8083 is particularly significant because market participants are
READ MOREIndex and Commodities Trading week beginning 05 / 05 / 2025
- May 4, 2025
XJO WEEKLY Price structure: Bullish break The XJO has broken above the critical support – resistance level of 8083, signalling strong bullish momentum. This breakout confirms buyer dominance, as the index has surpassed a key technical barrier that had the potential to cap upward moves. The expanded weekly range low to high further supports this
READ MOREIndex and Commodities Trading week beginning 28 / 04 / 2025
- April 27, 2025
XJO WEEKLY Price structure: Bullish The a-b-c corrective movement has now reached completion. The 7632 level, which held firmly as support 3 weeks ago, proved to be a significant juncture in the market. This pivotal point has strengthened the foundation for potential upward momentum, underscoring its critical role in the overall price structure. As a
READ MOREIndex and Commodities Trading week beginning 21 / 04 / 2025
- April 20, 2025
XJO WEEKLY Price structure: Inside range The Index has established a defined trading range after rebounding sharply from the 7200-point lows. This inside range suggests a period of consolidation, where market participants are assessing the strength of the recovery and determining the next direction. Investors may be closely watching for a breakout higher from this
READ MOREIndex and Commodities Trading week beginning 14 / 04 / 2025
- April 13, 2025
XJO WEEKLY Price structure: Bullish reversal The Index has demonstrated a solid recovery, marked by a robust candle formation that has successfully closed above the significant August 2021 high of 7,632 points. This achievement signals a noteworthy rebound from the retest low towards 7120, this could indicate renewed upward momentum in this volatile market. Breaking
READ MOREIndex and Commodities Trading Week Beginning 07 / 04 / 2025
- April 6, 2025
XJO WEEKLY Price structure: Primary down trend. The potential a,b,c pattern highlighted in the past 2 weeks, is now confirmed with the Index closing below the “a” point low, the “c” wave is now underway. The Index has moved lower through the key 7910 level to target the 7632 support level. The potential for a
READ MORE
Latest Posts
Start
Trading
in Minutes
Trading
in Minutes
Open an account now
Access +10,000 financial
instruments Auto open & close positions News & economic calendar Technical indicator & charts Many more tools included
By supplying your email you agree to FP Markets privacy policy and receive future marketing materials from FP Markets. You can unsubscribe at any time.
