Check out today's market views from the global research department at the Trading Center. Explore new trading methods and opportunities from 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
Friendly Reminder: Due to market volatility, prices may have crossed key points, rendering strategies ineffective.
Spot Gold For intra-day: Ultra short-term (within the day) support is around 2164.00.
Pivot point:
2164.00
Trading strategy:
Above 2164.00, bullish, target prices at 2181.00, then at 2188.00.
Alternative strategy:
Below 2164.00, bearish, target prices at 2157.00, then at 2150.00.
Technical comment:
RSI shows an uptrend.
![9ec12bf6-ecb2-48b4-8af4-e7625c58a808](https://production-app-asset.traderknows.com/images/773469984c284404bdd62003f80e1453.width-800.jpg?Expires=1724608308&Signature=h3uKKiPK1Rsc4KVwJGQyvPnuPUummFtbeyNGNaJsgyt5x4jGmjKOWSbTiqNVVlXL-xYzepPe3OVS-WmHz8VD3Z8G4sWkzqnCmTO5cBrYJuJYKVNwvOfGW0U~hVEF01QUzB~kTu~7HPyACeSeqQmXml3J0pQJanEA6frhZZENwF4hnEuencZZZx5G2v1VkOAsVuU8VPJ~PLpA~oUJMcxRx~mZRnD2R3R9zkAZaSm-JhMgC5C0MiTOSgKm1U3mV248myPwh3p7fFIsYITfkmnz95B~3UM8TeAZfMLiZwZCRfRL9H9EqMJoWvQIdHMOHVI~JZOoQdMeYHCIo0ukvnBm5g__&Key-Pair-Id=K3LHBTUA5A7KEY)
GBP/USD intra-day: bullish.
Pivot point:
1.2615
Trading strategy:
Above 1.2615, bullish, target prices at 1.2655, then at 1.2675.
Alternative strategy:
Below 1.2615, bearish, target prices at 1.2595, then at 1.2575.
Technical comment:
RSI indicator is trending upwards.
![dea29764-d183-4952-bb19-85befefef79d](https://production-app-asset.traderknows.com/images/6d6d79fb7317449c852514c67a0e13f9.width-800.jpg?Expires=1724608308&Signature=DJH1R0nMEm2NyFZbrZwl8fI8cHIHFCZMPMTygs7OxoZkyiZuyRqC7bEd~GQ3EGIDTSAzeXVhzAf6hoLDRGT3dHkdi0KwRksMejHJJ4htclgheHMqY-5J7TM3UwAMJtkffgDc0un~s3qYjdIWk9F8L8wld9NgDIQ0yGfvO-wa~iQ-0HMh4jMoNFeeuTofstpiMUsU1S54wjf6FGon3-o6lbV4ceriZeoKMQUCeTFEP72Nh2Sjv3V24B-Gw894dn58ZmZbg8hVXqq9guu-is33jnVvHyLkVaGsBBEALmJSabT9s-o-AosWUaxxqN2mY3aA3obfQE7~3bX~OItIe-VjsQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/USD intra-day: An upward trend.
Pivot point:
1.0820
Trading strategy:
Above 1.0820, bullish, target prices at 1.0865, then at 1.0880.
Alternative strategy:
Below 1.0820, bearish, target prices at 1.0800, then at 1.0785.
Technical comment:
RSI indicator is trending upwards.
![39916617-894f-45e5-8d38-e012dddf5ce3](https://production-app-asset.traderknows.com/images/dd2b198fd1654b2591e2f1acc88e585b.width-800.jpg?Expires=1724608308&Signature=tT7-RDc1Miwj-poyYfGnn8hBqUcNeuIUzBTQGivhVnUEq7bWRcYQg68B5CLkXuVIxjsVkup~hTxaxYY-CrKFoy3aiXi7skCZIhMKZSwHBq~aLzCyEMUVMzxY2Paz5up1Xgek37AH0sWzKm9ycstPf2h9VUNu1cu0a-V5JTE5Z~uhLaq28dhyGWJkkaAoHrgMwhqH-0tnBO~GJAPeaZmTR5Xy6~QjgF8EfoTM6O6lkhNA5XAjji8Z3Y1FCwSICLma6qbA7hIOHv5U0MbESvwsEGtDHmAIeOzSSCTlM9mT14LQa~~JLOu77KeNmdwOglOjyd5WzLpQ03VmVNkYHcERoA__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/JPY intra-day: Bullish, with 163.81 as the support level, target set at 164.85.
163.81 as the pivot point.
Trading strategy:
Bullish, with 163.81 as the support level, target set at 164.85.
Alternative strategy:
If it falls below 163.81, EUR/JPY target direction set at 163.40 and 163.16.
Technical comment:
RSI technical indicator above the neutral zone of 50. MACD is bullish as it is below its signal line. Additionally, the price is above its 20-day and 50-day moving averages (currently at 164.08 and 163.96).
![0fa5c51f-fc72-4f2f-a32e-c2c606303017](https://production-app-asset.traderknows.com/images/e846742169cb424699b4974cbe6be5a8.width-800.jpg?Expires=1724608308&Signature=gzXktGMKwHf84-OsGNAj1eZwR5CsRby-pKGGzIHoiJSZMdLnhYzXq6oy69GtbSxNSB0fjstYU13bHMFbGOBhfa65VKgAFGk95z-I3W8WH0GQJdQsJ7HhD3hOHnWkPrN49-lKicusl29qXPbXWIHfoSek9m1NBgWBoPHYwWQSgyj8MvenB3RCdG97HU61pD6IOGyVSd9-iZcRNsgF~ZUpuQCzclm6vwLo-uUx~g8BoHA7-VVfwRL07Eewxzl9YZ2dIRnBUxR5Hvb4w5Zwce8P8e69Fr-p8qcyFk3jnTd4PIYLWkwI7uUBvEP13Bu9ublj4sm~pBDUqrqIQmOFputwiQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/GBP intra-day: Bullish, with 0.8568 as the support level.
Pivot point set at:
0.8568
Trading strategy:
Bullish, with 0.8568 as the support level.
Alternative strategy:
If it falls below 0.8568, EUR/GBP target direction set at 0.8557 and 0.8551.
Technical comment:
RSI indicator above the neutral zone of 50. MACD is bullish and above its signal line. Additionally, the price is above its 20-day and 50-day moving averages (currently at 0.8575 and 0.8574).
![ea379418-be14-4ea8-a3a9-6e8658a934fc](https://production-app-asset.traderknows.com/images/f34df6d35851493ba0e1409e5b506831.width-800.jpg?Expires=1724608308&Signature=ayS~T5s0-TA56oiFhT2El7a7MgFGuTMpqUkxncQZar7U7bkNxcxsBsCGZaXvEjoSuO2AT2nUs~MSXwMie7eH9OoA4lq3L04VeBNgtuy3Ba7aOPVz5g1B35hu-0aybP9QPktJnXYtW9HJ6Ku1Wu~aoQmvSf42IL7NN6~LGF11MtoaRIcVLW3ydNzqSdggKQoBUjcOexLcxjXU4S8A6gwCvbqq3k1NOaK1pIcwBrEzdsHWwAL1bDdeCO2TUuPld9rgIEh1UZ2unrq~22aA5qeAZAwUm4KITYCAzup9bkIcPFC~6-UdtZGHNEuvGwAQOXkWuzdya3fjqbmRdIieC9otow__&Key-Pair-Id=K3LHBTUA5A7KEY)
USD/CHF intra-day: An uptrend.
Pivot point:
0.8980
Trading strategy:
Above 0.8980, bullish, target prices at 0.9020, then at 0.9035.
Alternative strategy:
Below 0.8980, bearish, target prices at 0.8965, then at 0.8950.
Technical comment:
RSI indicator shows a complex trend, leaning towards rising.
![143b3623-14ea-4aee-88ed-71b3876a44b5](https://production-app-asset.traderknows.com/images/f3fd7861d6ae458193c73c99039b7331.width-800.jpg?Expires=1724608308&Signature=jJgB00TUrll4Zj6iudLHgsM4apwc6TGIk2VJmDsC9ra0c1SQf~dKXBzDKe-NhMHyI8PN81FuCxTExBY23ee0cEodEU5QJ5TbwGG70WKx3LhG93uwWU0vyg3V1U9Mg4YpMUmedoYNf51mFqi3cRkRlzM-8i-3hb0pB6ck8i4Wwzm~40yuxk0bHzPsjPf3yzrBCFYQD33plF3t2SdHXBK3d8hDRIu5Jz6Xp6mtoVXGmTNefLS1KdUuwZVYS2mrG-Xk75PgGXMbwtnL5Yc8EzfoDKfDe8SCx~E6p6pRzwwJV7Fj9zQbRGlvBzOOrW3TZbPxqDho9GKVnCXmo8p~NMTJzw__&Key-Pair-Id=K3LHBTUA5A7KEY)
German DAX Index Futures (Eurex) (M4) intra-day: Bullish above 18440.00.
Pivot point:
18440.00
Trading strategy:
Above 18440.00, bullish, target prices at 18530.00, then at 18570.00.
Alternative strategy:
Below 18440.00, bearish, target prices at 18405.00, then at 18340.00.
Technical comment:
RSI indicator shows a complex trend, proceed with caution.
![cbaa2d80-c0fb-4526-b6cf-787cfdbf04eb](https://production-app-asset.traderknows.com/images/90c156bd9e60480aa430b6b6b9c03804.width-800.jpg?Expires=1724608308&Signature=y~Ixe1tsneZyCDICYTohWorrKP8zEqhw7RHqkAZqTIViLzBgJycnKZsIKGohGBoXId90IgRWe0ATkyQxy0gDEcEwTFxvvT6OEjsG~SKGjpG7rFI7lc78ryfJCy4bwNzAxXBs9ENLEisQR5p1rMjrAaNlMw7JwIigEt32yPXRLnWI0hySNGkQiJZEVCZSTOSvVa5BnAkTDNPK-k9aCKCEgHl6AHuDjN71rLKmgsdmlqVK8B6A36WiiHhWk9w3Nc0yKVCJlkNqW2MzDyAGRQlzx7VUyGg3GweGePPj-DUxEiPAR-ZxiAN4CglYkxcGv9f25trnhhKdKIlqbQP68BMIIg__&Key-Pair-Id=K3LHBTUA5A7KEY)
Brent Crude Oil (ICE) (M4) intra-day: Bullish above 85.75.
Pivot point:
85.75
Trading strategy:
Above 85.75, bullish, target prices at 86.80, then at 87.10.
Alternative strategy:
Below 85.75, bearish, target prices at 85.40, then at 85.00.
Technical comment:
RSI indicator shows a complex trend, leaning towards rising.
![1e3e2b65-8eb7-4df0-ac78-3892d0b408b2](https://production-app-asset.traderknows.com/images/07344809f40f411c9a0ec66591b7c777.width-800.jpg?Expires=1724608308&Signature=s4OVLN61wMQkucqakOBP1YbDlTNIlsPUEmsAjM20UaLchZLFddo1eDZddrzKYu3akh57VQCF8cgy2ps5QgGgwFWy87~glgSR~TwYDEM~7IJ9eklwtEaINFSF-4gYXEZeDC8ddJ0BKCzPWfFojvjjiDvUXZ8AETr4Q0v5zcah6VhkVBZSl-2I-dUdMRMYNexbtEx-2FxIzOfswEfEut2d6nxUAUl18qy-zLyq2kgAIvpBr10sf3mBlVn2fiGrRT4BDMMcuPsD2NLWibvPl5ZQCWDmR-VKMhs3i1nre-ZzfglkWScWF3062zyBEDRTsFHb~-2W4EZeOs6JvpEFOdveLQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
UK FTSE 100 Index Futures intra-day: A short-term adjustment.
Pivot point:
7985.00
Trading strategy:
Below 7985.00, bearish, target prices at 7919.00, then at 7890.00.
Alternative strategy:
Above 7985.00, bullish, target prices at 8020.00, then at 8045.00.
Technical comment:
RSI indicator is below the 50% neutral zone.
![2783bf64-3303-4083-8628-6a0303aa13c9](https://production-app-asset.traderknows.com/images/b9f0952451434f929b8e25d4834ad251.width-800.jpg?Expires=1724608308&Signature=duGYCzHHGtSVXvXcioQlyUh5Ur5gXVdaNfeOzUak~7utI9VipZtIyMLiq32BdOU3vBxc-rQh5bbsUjpx3CgA2MBsIFOHoZ-a0osa6Ux8kTekeQQIj1QKVp2MI2Zb9ZamX1~2E5-VIXp3BIWrawgZ~~GBX2CN7doz0ZA~ThcEQAc826jZrfHB3CETYrMyiE1LE8ChwX7SDT-t~XsGtEJmaCtTreSj5Tf6A2x-eHvAC62xeYfvuOX0YxuZN5XrUGw93tWUNFDc36VN2UW2DsskJFt1nIVSW6dvZTO-XiQyaVPngzmlGoOswT4lNVn9oUCcnCaOEoIoMS6L-p~n2s1Yaw__&Key-Pair-Id=K3LHBTUA5A7KEY)