Check out today's market perspectives from the global research department of the trading center. Explore new trading methods and opportunities from popular trading products.
EUR/USD Spot Gold GBP/USD EUR/JPY EUR/GBP USD/CHF Germany DAX Index Futures (Eurex) Brent Crude (ICE) UK FTSE 100 Index Futures
Reminder: Due to market volatility, prices may have already passed key points, rendering the strategy ineffective.
GBP/USD Today: Uptrend.
Pivotal Point:
1.2565
Trading Strategy:
Bullish above 1.2565, with targets at 1.2610 and then 1.2630.
Alternative Strategy:
Bearish below 1.2565, with targets at 1.2540 and then 1.2520.
Technical Commentary:
The RSI indicator is moving upwards.
![6af13e0997b544b1bb98f7413ab463da364](https://production-app-asset.traderknows.com/images/e6d90345d79f45b9834517e055cff2c0.width-800.png?Expires=1724571352&Signature=yAXxPTb~j4eSUc8FKuiAoHTlco-sbGR-DPgknJVhS1MbhfTZAtFR73riVPIN9jGZiChIbjzV4Xae4Hi2Fq22VgvsP3b3UqwZJCSESsTobVvoGueXUbn9dLEKoZ-Ky2zTBNS6fAf6mPo8swtGfeBVA3q1XQfBLPOyy51VfTXwU2xjV0wlTZ3SMo0WKa5VP~zaJm3wptt0rWFFADix6RhGgj29ndTdJaYRsTUul4YuYQalVOtrfoRYN-7fASRUfKFfEqb11CC7vjSust20~q--4Y7Gm3KiFXisMpfU9TSn3aqF1FVkveXMjTom~Hfrxo3D58RhOg1X1~ehCVh1KtGG9A__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/USD Today: Uptrend.
Pivotal Point:
1.0800
Trading Strategy:
Bullish above 1.0800, with targets at 1.0830 and then 1.0850.
Alternative Strategy:
Bearish below 1.0800, with targets at 1.0780 and then 1.0765.
Technical Commentary:
The RSI indicator is moving upwards.
![6af13e0997b544b1bb98f7413ab463da530](https://production-app-asset.traderknows.com/images/05c7f729368b4c099d4709bcbff63fe8.width-800.png?Expires=1724571352&Signature=mhASfZbZmYJqSYXvATTaMosEuND-xvBKx3QdVxIWrxIojLMYRj8II~znmOsn05HFVTXxMdRxhj2DwQePbsxbPcllGtr64AKjx~jBfkdrQs56fNdMWixe8EJmZ8Ez3hRigVLGURbPVHzDiK2LqAkN091NMNTbtwnGwdVSLK3E80bNiyu8NedI~5hXeZ182Lg6TptmPynXsSm5FWsRIg4qIq09kJa7wB6PPQkNFTMr05Qv6U3J-6HltZV69y5LRouYTd6HWPliVTRgBjK6gFcBY0Fz42-NgcdCDl7OSmtZLsarJogcC3fCnSZoI1IWaQ-iiPfFMOS9MDJzrS9JfglJrg__&Key-Pair-Id=K3LHBTUA5A7KEY)
Spot Gold Today: Very short-term (intraday) support around 2347.00.
Pivotal Point:
2347.00
Trading Strategy:
Bullish above 2347.00, with targets at 2364.00 and then 2371.00.
Alternative Strategy:
Bearish below 2347.00, with targets at 2334.00 and then 2328.00.
Technical Commentary:
RSI indicator is above the 50% neutral area.
![6af13e0997b544b1bb98f7413ab463da724](https://production-app-asset.traderknows.com/images/3b28307845a04eccaf28ccabef60f190.width-800.png?Expires=1724571352&Signature=gb2NRlrgBsQL3Ovyj6qss8tZ9T68JhpcHIzkjCoF0usyJ8sySoTPsTBP2qDZAuttCnNbDL5rliw8ZcZLLC2JX9Zl1al0HWML9AzCRLH4QcUqJUksBouxA4mlIFsa0hGcvGickBvZp72Nf1gebr27aewZaYIfjSuFue-9HzWkroaFpUtSLHqjKytiwaI1DrWl-DSPPS5INBmfwRcNT9x9Ageyepjq7VubvB7Ji0m6dNh-C90M7gNBny0nKit5UkY574XVzoXYSj7-M-MrWroFjPOxCATW1W0DEeuKAGleb9IQT6q1PyjtM-vC69ipf5J6lXpNpPiHo18FC24FpPxhfg__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/JPY Today: Bullish with support at 168.81, targeting 170.53.
168.81 as the pivotal point.
Trading Strategy:
Bullish with support at 168.81, targeting 170.53.
Alternative Strategy:
A break below 168.81 would indicate a continuing downward trend, with targets at 168.16 and then 167.78.
Technical Commentary:
The RSI indicator exceeds 50. The MACD indicator is below its signal line indicating bullishness. Additionally, the price is above its 20-day and 50-day moving averages (respectively at 169.25 and 169.06).
![6af13e0997b544b1bb98f7413ab463da979](https://production-app-asset.traderknows.com/images/4130946434cd4836a0361cd0dede3d99.width-800.png?Expires=1724571352&Signature=iQfW-wuEFlygJKTlO7FvNmb-d9ZML0Donhp6kQKwWWWBa0FiecKOdyfYthpOwtT3Mw4B5IrxQID1KGdVKscntOpKXzf9l4Tg9NfCWfv3rFMPdQc6ZbtO0Nf1WityUzI4aXJOsTlglAqsRqSS4VT0AJ4bpjfWiNcPv5wiqGtkzQxF1KzRlZnSaYKdOecreiwxUsgxCYvVein9oMRO3Wd69lzY2ikykucma6~XtabZkSll72lsCZ6rlfHbUMwfwZVbZfDDA8IkBE1kl0lwvGdDnRg8oJ3qr1Y5iz9wrk70lCJ~sMOA8dGAyfP7Un14gPCMniP9LY7gZiHSoXLvFAf38A__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/GBP Today: Potential rise, targeting 0.8615.
Pivotal point at:
0.8583
Trading Strategy:
Potential rise, targeting 0.8615.
Alternative Strategy:
If it falls below 0.8583, the EUR/GBP target direction is at 0.8572 and then 0.8564.
Technical Commentary:
The RSI indicator is below 50. The MACD indicator is above its signal line indicating bearishness. Moreover, the price is below its 50-day moving average (0.8595) but above its 20-day moving average (0.8593).
![6af13e0997b544b1bb98f7413ab463da1225](https://production-app-asset.traderknows.com/images/efbe4e5ff35d4371b52651c0d050c6c1.width-800.png?Expires=1724571352&Signature=viSIhpONMh3PzSqeSVIT3CZhalNNC~ADOtawvc2BQHyJTA7TRAbgX1u1PXbdyrrLnBCabGIi3bgJCWbhoUzMS2yjA6hH0JVZxOms64rwydxLFNOraBb3hRZPsY5d~l-zmUGxfYBjVdT2~xAq~ahmz4QLJROyHYs67ryTDOAwkgj3KxkgWVV9McO9VZlNo3kDWm8-xRxZ~TH2XyQS7n79DyDgcWtfgYN1hfOAD9SLjDlzJap5Y5GXMqLOruhdhS0ytFexDTcV2ZI3UJrDb2lI56BxnptiDXBtaPwyoiVawvkAOnbn1aLjzPPiGy6hwkVfaoJKzzz-opwwUzkqLlVolg__&Key-Pair-Id=K3LHBTUA5A7KEY)
USD/CHF Today: Downtrend.
Pivotal Point:
0.9075
Trading Strategy:
Bearish below 0.9075, with targets at 0.9040 and then 0.9025.
Alternative Strategy:
Bullish above 0.9075, with targets at 0.9090 and then 0.9100.
Technical Commentary:
The RSI indicator is trending downwards.
![6af13e0997b544b1bb98f7413ab463da1389](https://production-app-asset.traderknows.com/images/6fbcb7298dd94f78bf2387e4fdbf2b1a.width-800.png?Expires=1724571352&Signature=pa9F8IpRxzcRyQOcKC0-Z4PMG5c3iBKriybATvQiGdymUYr9xxbhsuxidjo7mqxinqLqMUNSIiT1XSZd3HbW4R0HmCnJQmGLfELtuUi4znW7rrMRrgFWVnkApXxLxnFk9GnBXlxTRB5McpaP-VpL2lNZA3kef1j8eSJUQv8Sf7gXx-MEjnk7L~VZTo3n729ZsQbHqQ30dVpLKLBVwwDbaVUn8SJa2S~ge-qY05WVoeVobOhOqzXjrNa8cLlOCyirU9b0EBQxtfKu6ra-DZoyUfrYHIxiR4-Zq8MZYgN2IuEnIhsPb48F7s-qsaAkVPNTzUJvmTu7OEb4xAoVIPrL9A__&Key-Pair-Id=K3LHBTUA5A7KEY)
Germany DAX Index Futures (Eurex) (M4) Today: Short-term critical resistance at 18920.00.
Pivotal Point:
18920.00
Trading Strategy:
Bearish below 18920.00, with targets at 18850.00 and then 18798.00.
Alternative Strategy:
Bullish above 18920.00, with targets at 18966.00 and then 19038.00.
Technical Commentary:
The RSI indicator shows a complex trend, proceed with caution.
![6af13e0997b544b1bb98f7413ab463da1606](https://production-app-asset.traderknows.com/images/6eb571d778934ab1820bc0ee96e0c400.width-800.png?Expires=1724571352&Signature=CbgSqXR2zOGkbsEOTzIjA0pIuti0H~~UYbysT4BBWf7nXz2C02W2nokyyFxKWDsm5Nj2qqGY4aX7wBp~ELQZ4gTTisGMIyHvZk7GCS4PThbv3oy39qhOyXLPNhho3mmfNq4YPknHTLkCLIKvbVhiL8vK3~jbDO5FlfBSXAS2Mzb6P1Q-EtikugmN7ihH2-7iQ1fDvVKFHeQ7jCKJ7pTbcSKNf4oo~N2sFIbCR-o88FeE01QauNpw98vKc28O8OmUM1kVi2S5N9MxU9BSEMtXpMn23JEOfQ3DArgL2Mc1Lvlkn~rdaUarCKXmii-GdAlcIlX2Rqc3z1T1HpE1hdPo3Q__&Key-Pair-Id=K3LHBTUA5A7KEY)
Brent Crude (ICE) (N4) Today: Targeting 83.60.
Pivotal Point:
82.35
Trading Strategy:
Bullish above 82.35, with targets at 83.30 and then 83.60.
Alternative Strategy:
Bearish below 82.35, with targets at 82.10 and then 81.85.
Technical Commentary:
The RSI indicator shows an upward trend.
![6af13e0997b544b1bb98f7413ab463da1789](https://production-app-asset.traderknows.com/images/f9cd5713428c4adc85eeb3a97ef4aed7.width-800.png?Expires=1724571352&Signature=CzituZkEQ6avhCOff2g~vrzt0Ek81-MFMl486ShTYdE0i~xu0iOMq7BIYYQ1D~vUFMD39PovlRrD5k7CU~b3BqSN9owCbQ3lsYs633kIA7RDc6WuxsV6SWSrYTI68024Mf4oAISAL7pTWImzxOEBIblxqqAnrf2Z0~z8An1KCZBfeJbPvidG9q-isjk7ivP51gjhxkbsB6hse8BEiECOH50t7YXgeXvBZ4fQyY6m8tJFMsfZhwL9oq0JIFF2SxT3qRHgMLEJaZFe73Tr4R8Mg7IoXg5h4R5P7fmD2NOi0IxQCXrsChTIhLqkWlt~4O-d~fU8yU-6RruDK2v~suvsZw__&Key-Pair-Id=K3LHBTUA5A7KEY)
UK FTSE 100 Index Futures Today: Bullish above 8460.00.
Pivotal Point:
8460.00
Trading Strategy:
Bullish above 8460.00, with targets at 8501.00 and then 8519.00.
Alternative Strategy:
Bearish below 8460.00, with targets at 8440.00 and then 8411.00.
Technical Commentary:
Above 8460.00 signals a bullish signal, with an upward target at 8501.00.
![6af13e0997b544b1bb98f7413ab463da1990](https://production-app-asset.traderknows.com/images/6cb991607f094897b511eecc7b612f78.width-800.png?Expires=1724571352&Signature=n25Fhd~ZLem1aUvC~i~zrhYoIr3YC2RgnD2Rj~Ap37lbfcckgMos~1j8eA6voTHqZxPyKzaJ6ZtX9Ndl8WEkH8kPbbJjXHMfH-jGVWGoSNODPZF1El1RxYvBr7imOUVRc51KoYpFJkEUZULCdVcweU74Y9Z4opS08HY0C6bc~ZLBSnCWNusyHJvx23KRyzWmvuU9ifcopIYOAB-fFrQCuCEQNH9ovNFm-d12iUjQDeuaz9dfMRfWbL5eTcp3MVT6AFtsMstOKNyhvnM8xdpV1oCAI0DPaMBz8JKpTQ4mU8VGR~mYaQJCTDQNLDBP9HXQ-IHnC8eTWqv0nY5JA08UPg__&Key-Pair-Id=K3LHBTUA5A7KEY)