Explore the latest market insights from the Global Research Department at the Trading Center. Discover new trading methods and opportunities among popular trading products.
EUR/USD GBP/USD Spot Gold EUR/JPY EUR/GBP USD/CHF German DAX Index Futures (Eurex) Brent Crude (ICE) UK FTSE 100 Index Futures
Note: Due to market fluctuations, prices may have moved beyond key points, rendering strategies ineffective.
EUR/USD Intraday: Proceed with caution.
Pivot Point:
1.0845
Trading Strategy:
Below 1.0845, bearish with target levels at 1.0815, then 1.0800.
Alternative Strategy:
Above 1.0845, bullish with target levels set at 1.0860, then 1.0875.
Technical Commentary:
Intraday technical indicators are complex, proceed with caution.
![9da688cb-c365-4f3a-bbaf-18683309f894](https://production-app-asset.traderknows.com/images/d716ca4e27ab45cabe50d0a5743b5f48.width-800.jpg?Expires=1724602260&Signature=yaFUUnOp9cM-s~UANSomKSF7kU7W7LN-gk-MczF-8ClOZIUwk6f4pdxCTSwqV~j-D1WQfpkcH74u4AucFcRFna2t8PkHIzEnpsay1XNv0TZJP-AY-9EQPJNJe8fMhJF-NY5echeKyV6KosWcefz0Al4eZWRweO8rRPjH4MIlNVqrzlOAO53g5WpfQ5UGifIZRu9fq~EdvfnVR0SxvSRPThSGSXrN30FhbY2z-Ix5vpfzMFGBL6Af4sePgvd-xzQ0Bb9rSGWwQyD8zaF-sboS3Dwz~lOog~W5UciOfhTJ~oJFl0kZMnbUjUuhjSDDsoy-zH2VNsXHwK5pWHqugdBzKg__&Key-Pair-Id=K3LHBTUA5A7KEY)
Spot Gold Intraday: Further increase expected.
Pivot Point:
2312.00
Trading Strategy:
Above 2312.00, bullish with target levels at 2355.00, then 2375.00.
Alternative Strategy:
Below 2312.00, bearish, target levels set at 2292.00, then 2281.00.
Technical Commentary:
The RSI indicator shows a further upward trend.
![a89308ea-661b-4750-87e4-474302ba641e](https://production-app-asset.traderknows.com/images/90eadc031ac84fae927a4e943afd2cce.width-800.jpg?Expires=1724602260&Signature=TmOkVN0YaQtobChgCvCXgYtNZ4pXZlz7l4k7uoD2gozBaDA39SJqAbJGW7O6-y46NIDOrzkCbyxJjDKwNGMyhWJugt9kUpzu28GhXdIw0FI-hfcopjEqyfDakgFTdM-gmJaZ9g9pjWmChIs9H5ZSaJYSpP17m73RbsS-dfBgb8yD7n0onaR76uXQuoWdNpdPDlS~jCPtGYtzRvxucnxGA2QEmUzPT0qjNozRp5y6cPouqxj0STF6FDD1E~NpWe57H0IgO04zL-AmCoSsmaWM0hwOJPVjqeepeIZfa~K-k9u5wfWpkbPgzVzwvS0l855fY2cvNyhZcS4fGAlrPjqREA__&Key-Pair-Id=K3LHBTUA5A7KEY)
GBP/USD Intraday: Proceed with caution.
Pivot Point:
1.2645
Trading Strategy:
Below 1.2645, bearish, target levels at 1.2605, then 1.2585.
Alternative Strategy:
Above 1.2645, bullish with target levels set at 1.2665, then 1.2685.
Technical Commentary:
Intraday technical indicators are complex, proceed with caution.
![img_v3_029o_39fc91b8-ae40-4849-ac73-3181c9a3d25g](https://production-app-asset.traderknows.com/images/47c7ceef37f7410e962a77024f0b029c.width-800.jpg?Expires=1724602260&Signature=f8zVUn24Oq-32VrDdejSG0lvUBA8csN3Y48nsQfjQd0ntFWi5wU~Aucoiw3cZNQtIur62GPZ9AO~zIuTCFZmSYuVPlKUNAgUmE1~nKwqHsmWxPmvabtT~rj3DHqogM-8n0-N6Arec4PzomHyTPeq9cwGes5Ga1MnpSlCWT24ipTjwMbCB8b8-KTx0Esekv4VQmaBzBtRt0dEmPdTTxgAdSQoUInemnZ1ZNANlsGvbC-mCQa2fbaiCvncD7zX-aE~AAUkyGfekhjh5eIsDsydFfEyGKrgFglGL8V2CtkYhTZI9RylzQCDlRA1anPiCX7aYew-JUCNfqzl93A7iQ3bUA__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/JPY Intraday: Bullish, with 163.88 as the support level, target set at 165.08.
Pivot Point is:
163.88
Trading Strategy:
Bullish, with 163.88 as the support level, target set at 165.08.
Alternative Strategy:
If it breaks below 163.88, EUR/JPY target directed to 163.42 and 163.15.
Technical Commentary:
The RSI indicator is above the neutral zone of 50. The MACD indicator is bullish and is below its signal line. In addition, prices are above their 20-day and 50-day moving averages (which are at 164.18 and 163.99, respectively).
![img_v3_029o_f7268a16-b8ff-4602-8d54-1ea9f316464g](https://production-app-asset.traderknows.com/images/9ca5fea314534ab6a2287271972aa8b9.width-800.jpg?Expires=1724602260&Signature=lE94y45mCAK7XUvG932tzYIMkrcomSWAzBuBMPLQU19yOs5muokycxKYuy2nAF0J1YCZA9pIjl6d8Ux29ARQfh0Jwsq7JwoZjysty0IRjeIVRDyONkH1cBbvnlRrs7GeSLjJ8u1htsXKZ~NzDC1H1OqY-MotoStBZljUVkFWiij-D6uz1V08Y4BGaPRCsmOeL7AObkNQIzlE0CY5PaVnpRuHrgmZNsD3-wRm~MyTgxOPszI27RtFJlcCZcQzncz00VA-tn7BQZzTLlIZkaCQU2ctyy5vkHZcE~XMZdDtq03BIWC-d2X0D5n0MDfrtltC~hg06Gwqm3rbtYBVM7Sk0Q__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/GBP Intraday: Bullish, as long as 0.8570 is not breached.
Pivot Point is:
0.8570
Trading Strategy:
Bullish, as long as 0.8570 is not breached.
Alternative Strategy:
If it drops below 0.8570, EUR/GBP target directed to 0.8560 and 0.8553.
Technical Commentary:
The RSI indicator is above the neutral zone of 50. The MACD indicator shows a bearish state and is above its signal line. In addition, prices are above their 20-day and 50-day moving averages (currently at 0.8577 and 0.8576, respectively).
![7ca3cfbd-416b-4b5e-acf7-f8471daa12b5](https://production-app-asset.traderknows.com/images/0960b38e61eb48b6aef22fc6f87e19a9.width-800.jpg?Expires=1724602260&Signature=m3kaOY~mKUL9IUgs2VgBYzIGdkXuorUoqoj3kykVZiA6Z4q7Q-qCwQyzpWnt1erl0Vza~eQMzAWY-Ex-kkxQJsVljhU~~DPd3j-QNskVK4yrcEW3Bj-a4knjes6OI07~8AbFe8d2gUFZWlgFTi9ofWSFYybMzFErggojjf88D8UDsih88oLr8lqwG7x9nZeeeMTrO5pPAFgXgjITyG~pvJGv18lclMuFvq1tRmuOGbQfp~dFeS-NML1PJfcNHKtLbnXXwuJ6-AYf9NBkHjh-J9rKcDy09PMG6eXxBxaa8bUoNdAiS6YIcKWsT5J7DQtJCniaSx-sOtREVFQudJFfCg__&Key-Pair-Id=K3LHBTUA5A7KEY)
USD/CHF Intraday: Bullish above 0.9010.
Pivot Point:
0.9010
Trading Strategy:
Above 0.9010, bullish, target levels at 0.9060, then 0.9075.
Alternative Strategy:
Below 0.9010, bearish, target levels set at 0.8995, then 0.8980.
Technical Commentary:
A base near 0.9010 has formed, providing short-term stability in the trend.
![445d7a2f-32d4-4c7c-aca4-7cb296cd506d](https://production-app-asset.traderknows.com/images/204471e9d8b44f46a9723fc58f83ae68.width-800.jpg?Expires=1724602260&Signature=e-fVqF41Eidra381-87y2zIB6B08R3fTt3CrO~trdRj3byiAUkh4-tLpALDt6b8hmXO-xDunXiZ50ZH7hSWaT4foK~0uWc8nLDdvSl~cD13vtBpr7qGwzcGDb5DCD4PbhrUXiJxQjov1DXjhHTzOKPRadtqIcQCfYnRdX1a6nS32hN7YYS8T3b~t1RoGEHuXQEb0q~3MYrjG18oVlV08zdIgtEYenV9u4UHhP693iNIXPYy~sVDyVYrayAvXHjx65PQeSUrZJV6o3i27Zrmg9XSnMkSjx7YPxXayVE05dOZm2GLBUIYI1TqMd3J1owOshdX7QvUEbctN47BG7SvNMw__&Key-Pair-Id=K3LHBTUA5A7KEY)
German DAX Index Futures (Eurex) Intraday: Downtrend.
Pivot Point:
18520.00
Trading Strategy:
Below 18520.00, bearish, target levels at 18330.00, then 18270.00.
Alternative Strategy:
Above 18520.00, bullish, target levels set at 18580.00, then 18665.00.
Technical Commentary:
The RSI indicator is bearish, with more room to decline.
![ce7b85e9-51f8-45a4-af26-128174cd9208](https://production-app-asset.traderknows.com/images/89a35414d0474e2b897ab35e31e6c0af.width-800.jpg?Expires=1724602260&Signature=tVlhvGwTZW0AnR0md3iI3hDqO0OeF02U0lsrQxDKzjG6YI9IsOB0Zrp6QBpUZpxSYF7i2IAS7GiesXIh1AEYXoJOHQkzcYSd17GA6cSRnHFXlD0-fmp~dFWPnZeBpvDqxVaLuYRLKPvAY1eolTsWJ8xIpDWUvufLzceUSauyqvdmpegc0vX~tC-r3Bd4JnsHlYzyFVKdX-0MFBsNX76fJ-i53K4iR5zL-~bsjMx6k8Yb21ukj58B9V58-sIJlvGnne0dUDin5vKrhkw4PoZeZNHNLKh164e0-MQwJ5c9P4o1vfVVnr5ybdFi464bbbSzCzjOxG8C~6VPpQbrbqDmVQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
Brent Crude (ICE) Intraday: Target set at 88.00.
Pivot Point:
90.80
Trading Strategy:
Below 90.80, bearish, target levels at 88.75, then 88.00.
Alternative Strategy:
Above 90.80, bullish, target levels set at 91.30, then 91.90.
Technical Commentary:
As long as the 90.80 resistance is not breached, the risk of breaking lower than 88.75 is high.
![5a0f3a21-0d30-4033-94f4-787c3272cf64](https://production-app-asset.traderknows.com/images/66790a6bbb0247eab5c3ad6556844e31.width-800.jpg?Expires=1724602260&Signature=hLFZI4HeFr-SM8EjqrTd0YpCt5pLcKu8Wq3862wUf9FzKXMXWC7-lU4Hy9Ea5TxmgfZNBcJkuru2ER0aGEFeajc7wN1PlHYB2Ld2RTeffD629JruIpr5Fmlqv~EOvpENeAG1yWrkcYXiYXYmGPI3Q6H-RidWQLDIOpDf1T-XynK7vsuERPZyalG34qF8iUclBAjcnWNSJeTgc-CEAqtchQ1u~vor4fru5i5dOAKXAlYT-BwYd7yGBuIc5f0eHFd~9F7SNIzifXHoFt1JmfRYSXBoR8Wl2-yGkgmyZmOuO4gtPXul2-wQz9vl5ofSa73bWKTmUNXK1yaOyKLomAzsmQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
UK FTSE 100 Index Futures Intraday: Short-term key resistance at 7920.00.
Pivot Point:
7920.00
Trading Strategy:
Below 7920.00, bearish, target levels at 7866.00, then 7842.00.
Alternative Strategy:
Above 7920.00, bullish, target levels set at 7944.00, then 7965.00.
Technical Commentary:
At this stage, the index faces the challenge of the 7920.00 resistance area.
![4ce164ca-b1cd-41f0-9619-0cb3acc7edd4](https://production-app-asset.traderknows.com/images/f4eaa37e8916451791acb499c9f63f1b.width-800.jpg?Expires=1724602260&Signature=mm4-v3N8SlOstRaOFwxiJgFSmZMj~oMlTh3EzeIQnXQCVxiKSGBTklfdnQce4MX2Gke7UPLBnMgcMkI3ca-YCytUMTbIQ-0bmOhNqywwtaqpuXtMe-zjf8bJPHHYX52-U4iBSaYAibjoCu74TyEgg8~ExpdfMR2mv159Th5x5eBnR3HSBffPZLgfBC9gypBRSJSxdZzBcdk5-oUCJtCbDyHlRaXKOagpINDhhEs4JkG9Et6npykFPkWuc-0WFpkS4kZSCXTMJ~MX1g7g6vgeGA2MlkPGFPZpHK0aW7VCu-dZ~67ydmFUxiuz49~Tqzt5M454G3uTpyzsWyHTJZqBMQ__&Key-Pair-Id=K3LHBTUA5A7KEY)