Check out today's market insights 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 Germany DAX Index Futures (Eurex) Brent Crude (ICE) UK FTSE 100 Index Futures
Reminder: Due to market volatility, prices may have moved past key levels, rendering strategies ineffective.
Spot Gold Today: No apparent trend.
Pivot Point:
2035.00
Trading Strategy:
Below 2035.00, bearish with target prices at 2026.00, then 2021.00.
Alternative Strategy:
Above 2035.00, bullish with target prices at 2041.00, then 2045.00.
Technical Commentary:
The RSI indicator is below the 50% neutral zone.
![ab27919a-8fd5-495f-9089-89e721098f72](https://production-app-asset.traderknows.com/images/c18341e2cd8c461faa8969cb309c18cd.width-800.jpg?Expires=1724626239&Signature=mMqfo4H87REacT~nzReHtxaYY11OSST0IrbLHDpIg1KcwdNEgxOv8NDEAACE4at-OTlXcs2yCz77LdEUHP28qUndbZn90fuiFVtEAb4YZqHy6wnA9vkIU3o3cQsQ1uLz1NB8~XVYp~K9NM80RUQjIVkyD918SqEfQS~uF-7HH50g7usxI3LAr6tpfWydr~d7zccTdXJhvRDrJX3MZVOGKkFcG1GSfSSy5nvOi0V03qg76ULpQHq2jROvHEFsEU9Of~pVBWstp6Us3aibEtnUkbPfmQYr5wrH3XH31qHGecYSSCIa8X9vfsWsbE55ftq--3M81hG-wCNraCWUKzsR8w__&Key-Pair-Id=K3LHBTUA5A7KEY)
GBP/USD Today: Under pressure.
Pivot Point:
1.2685
Trading Strategy:
Below 1.2685, bearish with target prices at 1.2645, then 1.2630.
Alternative Strategy:
Above 1.2685, bullish with target prices at 1.2700, then 1.2715.
Technical Commentary:
The RSI indicator is trending downwards.
![cc6ed88a-51ef-496d-b8f3-a7b9154987f8](https://production-app-asset.traderknows.com/images/b7421d93114f4a9d82a102bd097aaf4f.width-800.jpg?Expires=1724626239&Signature=w2FAsLhSZpge4mTaJwPpwD4m5zjNyajAC2ubb0TwWOGa9OP5mfVpMJldv9~Tzd9w8vaot~m1L2MMb9OO4dxBrElSCQhM7lVq2pzpWgmQf-vsX14JkIrt706QXMDPTXxZPSYzzDrixbz58t36ayLjfSVSTT6PvWOK54hYHjEQqv8b7hG6Zln3VphmM-89rVXz~Vh5FPd-LZ~4jh0cLBrx7aaOY9At2HC94f5an0SX8cfe1GBHPm18shVS1EPcuwMucnQLHfCFdWpT9tGYBg3OkZ9rMyLGJfnx-Pco5fKbIEIFS8P2JmUpkaaYGu35~9-MylgNNDkME8Zu0KdI8eeHjg__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/USD Today: Under pressure.
Pivot Point:
1.0850
Trading Strategy:
Below 1.0850, bearish with target prices at 1.0810, then 1.0800.
Alternative Strategy:
Above 1.0850, bullish with target prices at 1.0865, then 1.0880.
Technical Commentary:
The RSI indicator is trending downwards.
![c60cf934-62d8-4c50-bd5e-cb2ea9076838](https://production-app-asset.traderknows.com/images/f0bdf9d125ee49c3805bfedec8feada1.width-800.jpg?Expires=1724626239&Signature=C28eeu11SzU~45i1pGnmjYCEDRQqpeCT4mdtyrC1WA-kA0kvIF0JfpqrjPZ7rUQigg1-oYzd020FmHI8dqGPuOqb94SPXCKvk0qEoB7BD1pKl9h2mXgXyQ0ng06cdI~ZuGagOKEGmGtwtDK2oXX2k25PmzJjPZcugX7-aEMgHl8ceaBIGbRnDP1ejJf1LM-cBqiuVxMZgSJpk6fqASX3tfKZNBlGP-ilRZ4actjg0iVC4yPDPBfJlMOeRDaXQkvDrFjmZnosf2mwUIHu1IckQNM1Gvd6~Qu2oaPimeG1vQfFU~LxrjHcrJfOUjzisQ59vZwIS6oREmi-ewpdYlq6Rw__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/JPY Today: Bearish, below 163.38.
163.38 as the pivot point.
Trading Strategy:
Bearish, below 163.38.
Alternative Strategy:
If it breaks through 163.38, EUR/JPY targets are 163.76 and 163.99.
Technical Commentary:
The RSI indicator is below the neutral 50 zone. The MACD indicator is bearish, below its signal line. Additionally, the price is below its 20-day and 50-day moving averages (currently at 163.16 and 163.17).
![330f02a1-9ee6-4890-afc2-1c3131eacb69](https://production-app-asset.traderknows.com/images/d14486d651174255916699f1b06c9a77.width-800.jpg?Expires=1724626239&Signature=Gdw2QsZYk2urM6qu0FHhcsZNHEtG9QJG2Rgb1mxDjEBvn3YHQ-GbBxMDGypuqpvtK0XZ6mP4SbvjGnTrgHpJ44Sc7uT-QPx-h8Ejf2ZjgWIqZwHKInAViwlv51XljFqoFnNs0jiNoz7IlNtHM8dsFGTh0xOxRTpGzYdUl3x7PByq05ISPyIevZPrz3o5DL8u2y7JY63skjKF0uTwX3TTQEZZ703UmO-sSVETjTqwNS6jxsybSIpIyBG93x79ISoCGAw34TGCD7TWC6Cpz6QsVwvJuzW~olqeU54nIdGhrdCLUQYLg7bEGWaqBaT2zaWTA3HTPGBl-PKr30yJptzC0g__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/GBP Today: Bullish.
0.8545 as the pivot point.
Trading Strategy:
Bullish.
Alternative Strategy:
If it falls below 0.8545, EUR/GBP targets are 0.8534 and 0.8527.
Technical Commentary:
The RSI indicator is above the neutral 50 zone. The MACD indicator is bearish but above its signal line. Additionally, the price is below its 50-day moving average (0.8553) but above the 20-day moving average (0.8551).
![55383833-caa7-40bf-af86-69af266989c5](https://production-app-asset.traderknows.com/images/e7f9da6742da423a95fca238a7e70f60.width-800.jpg?Expires=1724626239&Signature=1AmcBw6UeEDP2~W-3vEgGo3vSlAv42T4vF7bUk9jLYAjB5I5qNvwZwG1sMBWdY1gCWgq-khGv6G-Mt9NJsD3ke5UFjos5LB1nhHj57mRbubwZaYGQ-JUTmNpEfQSLcoQlkJX3~VtfARQ7iuCmEO7kZ2i2wO~qdgs-n0K8y6Ffvk9NCp8nGQbCQOMULsgh7x8f~FqFYVe63ZEij43A1SQzJiuaUWagBqw9gVjvGt~N1FzuC6KvENFPwuU7ZMjW~J7sz7tnO4ROZQkt05hVBN764ztlJuf6YELu8BXgCBJSIMGxTI4QCsxmemr~R7jBbHX7PravDn9FVqQWzn1JO46Kw__&Key-Pair-Id=K3LHBTUA5A7KEY)
USD/CHF Today: Uptrend.
Pivot Point:
0.8780
Trading Strategy:
Above 0.8780, bullish with target prices at 0.8820, then 0.8835.
Alternative Strategy:
Below 0.8780, bearish, with target prices at 0.8765, then 0.8755.
Technical Commentary:
The RSI indicator is trending upwards.
![150ea095-36d7-4fa5-9b91-27cc607d32b6](https://production-app-asset.traderknows.com/images/e1549d163dd840c2be7e146148a76ef1.width-800.jpg?Expires=1724626239&Signature=ar6I2MLC5K7ml7IO6fbqp2RkqIOn1CIaYLeISLKj9A~BpLq~zsdegBwqH45em7thcrIpAUtrJawbqcCM65zxuvbfiFzpvJE2hTZY6xx52f3-Qnox0KCm2GLJupJg-zslkugaice3CizhW4zsaSpPnEv2JmZmA9EEv4n~bcGqBF28y4iKrV9DM9JhsijQMnB9FcEaBPXyfpPcnfbDAorG1LXZS23BZCyMVhzqdeKcOdi9Z0NDwypleqaHLkJpkHSH~uhKDTCOJT3PVGYQd8f~lYmxDofVrLeYqw7J9XkGl9oDTH41FQ4VJ-uYMvbPO9VZxLkAy5JS283GG~cGkGMLxw__&Key-Pair-Id=K3LHBTUA5A7KEY)
Germany DAX Index Futures (Eurex) (H4): A new round of rising.
Pivot Point:
17400.00
Trading Strategy:
Above 17400.00, bullish with target prices at 17600.00, then 17690.00.
Alternative Strategy:
Below 17400.00, bearish, with target prices at 17330.00, then 17260.00.
Technical Commentary:
The RSI indicator is bullish, indicating a potential further uptrend.
![1709176641935](https://production-app-asset.traderknows.com/images/1e20cc083f9e421fa8a6fa3d9d3d335d.width-800.jpg?Expires=1724626239&Signature=o9vNShBtMhkeeZjtXXZm0ggAlgFCUb8IpGu6t8ALVLS6dsaEbTgTH-2fBo8AME960KBGGhNBBx316DlnyqkhcwDoeNRRRFJWPvLGnIQum70NfeU0tjGkDHZvH8XPZpgIFZbvOJuwgmNa-9oXpTZzndZqGo79EiaKAAkcxSaWXrLH-8Olukemc1reGnasFQRub0OCK~zDSatu5FKwI45nWyRIhOrzhlFDdnPpqfyCpMOZD78SkEQEVQ13QbasODPbkUyM0wiQAEzJ5W4QxaJVib02kzYGFzTa8LNr5HjjP00XhnqOstUaX1ITghmbLs7k82kl5ED6er-SHy4hAJt2qQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
Brent Crude (ICE) (K4): Bullish today.
Pivot Point:
81.90
Trading Strategy:
Above 81.90, bullish with target prices at 82.75, then 83.30.
Alternative Strategy:
Below 81.90, bearish, with target prices at 81.30, then 80.65.
Technical Commentary:
The RSI indicator shows a complex trend, leaning towards rising.
![681cd46f-1f87-4328-869a-394a972c5535](https://production-app-asset.traderknows.com/images/d427679c58d44be49de3c80fcb6a2d7c.width-800.jpg?Expires=1724626239&Signature=ebpb3ILhcTEOOdAn9MjbZieZIQGhYB4XfnZo2swix7UWkwYgNncq9oyltAu6LpfPLt3EU9dkLRDqG1oXXUKoVXriTvuJQGmEuSjzW8Me-8ITJyVh7XlYv5SipIIgZfvr-DL2DlDx7C5juW-FHeprifVbjOgTghaj3dDiKqP8ofDhSJASjswxsKtDhTPP2I1p65AolCSisdWAkGWnz8xZrMOfydjz2t92jYRFUKppYutEDNiCBAdeEXHuV54R-kuIcv8AC8~05e6uKWgb8kezUOvRk3pQ1ix4NlaWL~Mi1jDC6yHU0qD49JBhh9IIRdCghNSe0uwe1EZgIiVF3BKG9g__&Key-Pair-Id=K3LHBTUA5A7KEY)
UK FTSE 100 Index Futures Today: Bullish, above 7634.00.
Pivot Point:
7634.00
Trading Strategy:
Above 7634.00, bullish with target prices at 7680.00, then 7695.00.
Alternative Strategy:
Below 7634.00, bearish, with target prices at 7615.00, then 7601.00.
Technical Commentary:
Even though we can't rule out the possibility of ongoing adjustments, their duration should be limited.
![3a522c1c-1a50-4d3b-aeeb-3a5dc077197e](https://production-app-asset.traderknows.com/images/56a8722236a84bc7a2e33b3f05f47afd.width-800.jpg?Expires=1724626239&Signature=SHkIAsFMhIQILXaVo3gUqsdB1XMYnFNH0~cICSDOkfbJfX8jMd4xT~HV5I02pzEdVmVbNxvcp7nuvdYLCknl4cCQ5lWvmK999GzpnOHFtzIjUUIvelsktVUtlmt0ViYorUXT0RzEaWVX0u0MRAJR60i3~Q4xDUMxQshcV-OkcX3HY6pOQ0-ic5CVIk-~-R18H7fJ5HRGbJmzqyX6-5QYDodRCpi-I23L4~Sh3bQq0xYC7ToR0pyoshzrVlb9oIT-MkK7d~hcNZIsEV4-qYPU9O8a2OenhEZ6yrgE369Dzw3wpPPNDEyWcHbklCjpCqWQEwTZaom7QAx7vXFwNgjtfQ__&Key-Pair-Id=K3LHBTUA5A7KEY)