Explore today's market views from the Global Research Department of the Trading Center. Discover 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 Oil (ICE) UK FTSE 100 Index Futures
Kind reminder: Due to market fluctuations, prices may have crossed key levels, rendering strategies ineffective.
Spot Gold Intraday: Upward trend.
Pivot Point:
2258.00
Trading Strategy:
Above 2258.00, bullish with target prices at 2302.00, then 2320.00.
Alternative Strategy:
Below 2258.00, bearish with target prices at 2243.00, then 2228.00.
Technical Comment:
The RSI indicator shows a complex trend with a bias towards rising.
![1](https://production-app-asset.traderknows.com/images/a461ef3569e544409b5cd39fe61549bd.width-800.jpg?Expires=1724599424&Signature=oY3obd5UlIG3vyfy4A6UdGmwuMNlBeKVsJqNoQ2bFZscHAzUJrq6xKaeO6HuatYBAQ4X7LF12aURiT61XHXjT149xbkNlGodkrIlDuDlPNJrUWVhnUOyJ2nJJ8FxbnoHt~tJt5QXg64eYPgYXWC3ToRNZncba8jb2sdXhNrxcab4XkD9hvp4l8wMFCR5VyYLqgrwAjqHfqSS5ZFo-v855Df~KmDdGjA7IrIYUYQgUzl7vgOefUJpJGI-OnpGJSOqoYB63XSkAvj5b0sND9eoRr5NFzePjMiTtjcSvkyU8vLxssk7YBwDSQa2kEw7UwkG8EoEBhhR460YdaSwBWnYhw__&Key-Pair-Id=K3LHBTUA5A7KEY)
GBP/USD Intraday: A new rise.
Pivot Point:
1.2550
Trading Strategy:
Above 1.2550, bullish with target prices at 1.2600, then 1.2620.
Alternative Strategy:
Below 1.2550, bearish with target prices at 1.2535, then 1.2520.
Technical Comment:
The RSI indicator shows a further upward trend.
![2](https://production-app-asset.traderknows.com/images/f02db724c8094e3db0981299e03dcbcc.width-800.jpg?Expires=1724599424&Signature=Ps3K9l6zpZJPpEcS6knO7rlrcyEmY9BMZ84DzMaBYFBLpUNT6p7cwMT49QdF-~WazyQ2jiM1XLjooA4CtN2qn5s60fntWPC0R78THNIEUrEMX6PhVYX7ihBn9nPDGyb4SPMwYVjRBRtvCQTrGR2BnoNTnwZjKwWImPuMorJ-EvlUCSXLr16hwRXMrldZako~gfokaHkM-SRiWyUha~s0zSejcMcqvfrm8AQV35eNI0asjMmQXT7fTe6-Zj0a29C7-qyLv6WPp0kFFfie4fTWnRADPA6WzcNAAMhcBz9QizKgxNXZAvyqBuCDeJBWXv1fufx8WiFob~xIu5-ZjvZaSw__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/USD Intraday: Bullish.
Pivot Point:
1.0745
Trading Strategy:
Above 1.0745, bullish with target prices at 1.0800, then 1.0820.
Alternative Strategy:
Below 1.0745, bearish with target prices at 1.0725, then 1.0710.
Technical Comment:
The RSI indicator continues to show an upward trend.
![3](https://production-app-asset.traderknows.com/images/685bae9808a6462ca432345350af0607.width-800.jpg?Expires=1724599424&Signature=iQsb9dqqExETK4LUQdXrzjNZ7OJTAtYTSoYFz6UijWUy6mtp5wSxpXHmEMcvaga0nNAeNcVVeJkTpRMWNADVgWg~ArgtvmJsT85oP7YuzbVrfdEQxeIDeCukIItNtKq6NtBMrHAHiiZVj1oAFY0gGq5~jhCdgP-ynM2nOibxxl1Eqx2vHmotnikP8jS07xLhqmt6oQbhDF53J1RLAl~T5DFexeGet~dR2ShRWB3uGFJ6DFG5OHgYcbd~1onOJteZQV195dwxejZXFtmPg70EuHSrLTPpso1FFJA~TjtHj09gAJqCttMAJ-3jNBJUNRY5lM5O6b36nH64BT0Exn1jKw__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/JPY Intraday: Bullish, with 162.97 as the support level.
Pivot Point: 162.97.
Trading Strategy:
Bullish, with 162.97 as the support level.
Alternative Strategy:
A break below 162.97 could lead to a continued downward trend, with targets at 162.51 then 162.24.
Technical Comment:
The RSI indicator is above the neutral 50 zone. The MACD indicator is above its signal line, bullish. In addition, prices are above their 20-day and 50-day moving averages (currently at 163.25 and 163.11).
![4](https://production-app-asset.traderknows.com/images/0141ce8059e5416992bc478e273b1b31.width-800.jpg?Expires=1724599424&Signature=X9Yd-rQjxHmMWi39BBxJWPjqvDlztOxOM5mCftmsUxI43AyBKhST2IJiL2jZvzdMvmKloN2H-b6aZKVY9yqv8zwHvSkUBkd12Ns80k20v5cKriHR6qj0sJOz~YqIgwNxYzMnJBJO-hrNtTZKi2WXrqcLYfSxbQddz~kYCWO85tkjG31kwShh8gwaQ3pbf1qFDBeWZj7cgGNLw0jPusQ6IC3ttp2TG1yqQ9gvTyBS2s2ni4RKwhyLTtMTuPw9MQLzismorJaSlXmfJn2LkV8-9s3dX67SoCTVbPtsqWNRlL44yKzs~~eKfjxCEkOtbmWp9yCeehhgdqgNN3RFYmWYnA__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/GBP Intraday: Bullish, with 0.8557 as the support level, targeting 0.8584.
Pivot Point set at:
0.8557
Trading Strategy:
Bullish, with 0.8557 as the support level, targeting 0.8584.
Alternative Strategy:
A break below 0.8557 could lead to a continued downward trend, with targets at 0.8547 then 0.8541.
Technical Comment:
The RSI indicator is above 50. The MACD indicator is bullish and below its signal line. Moreover, prices are above their 20-day and 50-day moving averages (at 0.8565 and 0.8560 respectively).
![5](https://production-app-asset.traderknows.com/images/33a30911f3b1495a872d307aee838fd6.width-800.jpg?Expires=1724599424&Signature=GUN-sfOtNY9-JCiGN8ik2ezC6w6L25qiR6cLtU3w~O4j7~fZGDKX09TQsoz6mU17AOengt72XY5P-Fik3aBLYMnvU2A-VIJjk5gghDnY2zcvFyioGnYj06EXbDudh2waTRU11176Y5S72MBDxWdglOUzlmwwmtsitgn4crvnKq5CW6ellb-zIzB4ubRY2TmIwulb~eG11xG84kdINaYSwDng-HTSoQJM2d8I8JExe8mD4QTBi0kUUGwv2UJQlA9yU3y8QojVvU3dtHiDxqsAkhoMvJDFQrxmk77d1p0wkOQ-3A9yQV47jCAcpnNKdeGg2EUcM~umgE4LJEOEcLREuA__&Key-Pair-Id=K3LHBTUA5A7KEY)
USD/CHF Intraday: Upward trend.
Pivot Point:
0.9065
Trading Strategy:
Above 0.9065, bullish with target prices at 0.9090, then 0.9100.
Alternative Strategy:
Below 0.9065, bearish with target prices at 0.9050, then 0.9035.
Technical Comment:
The RSI indicator shows a complex trend with a bias towards rising.
![6](https://production-app-asset.traderknows.com/images/997e0db6750a4d38abb9802fc47afbe1.width-800.jpg?Expires=1724599424&Signature=j1pX~YTL1NTLJlAA1rKNGp3Qg25fHDgKoWAxajrpSlLBrg~8HbIXpgBwA1ywSG4b5Y5DdS8v9-xD1gMZAxT-NCk929LD~1l0hovo0GePYjI-qkLxMp8uBULpmGoUhwrrkXPNemW-mj7JyXlnrKSEva4rAYugMtOaDaee-9X59bLXZNr8Tk0VuLlidrg1zbzbGwmXh~dhDIpDKF9RKNiSwhrGWUqILtq0WUVVKm2Om9VMkW~xNe6q71DMVvZtOQxDfGoIfWbmY2YfXVWUyDh6azvH6UZJ4vSPfnZfIUC6yjGZzypvWxjyIGDtisGRLK~ITmMQ7GpvWDaAZbYZxpV5Gw__&Key-Pair-Id=K3LHBTUA5A7KEY)
German DAX Index Futures (Eurex) (M4) Intraday: Key short-term resistance at 18800.00.
Pivot Point:
18800.00
Trading Strategy:
Below 18800.00, bearish with target prices at 18680.00, then 18615.00.
Alternative Strategy:
Above 18800.00, bullish with target prices at 18840.00, then 18880.00.
Technical Comment:
The RSI indicator is below the neutral 50% zone.
![7](https://production-app-asset.traderknows.com/images/eccd2b98dd8c46d893b2aa2540f8982a.width-800.jpg?Expires=1724599424&Signature=oDNpi6zWaQgGPAr5hXXk1Yo7iV9iboNF5CguDOdwWrsPor3Le4me7kktBqkXNAABZuGhVCO3hOFJ~WIaAX9b0uizf4JbOq9ubbkyYgdeMaTVxnXVs3uL9fxOZQS8EMeGEjJ4Rc5osv-nejN9XIoA5b5QycuiLwXtWoEGQfVkQZ6kSPghygugqBor86k4UDNMFJKxED9CPx8jiGII5wIDkzTF0R2L3xZ0QeMlQ1ICU7dTStqtZxIwWqc2ERzO2lbzCQBuiaq0HkPOHy~xysRx6kcA7~DtawGDJowt-vupCFrrZ7rCfr~~t~m~ne8R5WQhYwZDB90iaAiOYtHPLUgl2A__&Key-Pair-Id=K3LHBTUA5A7KEY)
Brent Crude Oil (ICE) (M4) Intraday: Bullish above 88.45.
Pivot Point:
88.45
Trading Strategy:
Above 88.45, bullish with target prices at 90.00, then 90.60.
Alternative Strategy:
Below 88.45, bearish with target prices at 87.90, then 87.40.
Technical Comment:
The RSI indicator shows a complex trend with a bias towards rising.
![8](https://production-app-asset.traderknows.com/images/ec4621979b2e4e46a236d9365ec36903.width-800.jpg?Expires=1724599424&Signature=jNaq2-S4iCmAxhja88CrB-3wI14GJlFDHiqz1t0UCNOVAMinfUhmi4k6xRzqM2nuB1iZcCSVJQBi3mdJir~zoKzXDbPIWbJsEqwD2~7SgjgHQPkbn~GRPpsejQ9dPP10X1kFFGry23eSGvqky2HiXrCNV8VzIjtvWkPztfrFG5f3SvNMRxcgIvolNQNi-MhiGdyKHzN2Cv80oCpvzIEZG5tBpXDnUToT5149gm9cGobk8tIy2yLyWalYnSfDYgDfrYZndeEuFamXY5TQXCmQBzM7JlABslWtJ87CsSjXhwQma7Vfiem4FYvVJFZ6Ozdek5v5ul6uPIxbAV9Y6nNlKQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
UK FTSE 100 Index Futures Intraday: Bullish above 7973.00.
Pivot Point:
7973.00
Trading Strategy:
Above 7973.00, bullish with target prices at 8033.00, then 8055.00.
Alternative Strategy:
Below 7973.00, bearish with target prices at 7958.00, then 7945.00.
Technical Comment:
The RSI indicator shows a complex trend with a bias towards rising.
![9](https://production-app-asset.traderknows.com/images/87f9e14a7e514a86872e6629a89f53ab.width-800.jpg?Expires=1724599424&Signature=Pq3k23Ycn4uIZebXw3zGNDhZ2SniIyzn5DfKcMRHGr2A5aItuRi1uHcU5y-163XZnYUc~9No6CaOwBeS4OeMRf4RJJNjdliZy2KamRygb-5HaEBX5elcdVjIGuwP2stvIu~0WghYg~9TSiTm7xrDbPc2hwjiYNNmvUKMus6PS8j19yztfuzstYrw-UvY3dxRGtFHnZPTCYYto8NUcbiT57ykIwCpo~iy8u9M-lUr09zj8dkAIc0p~keIVeQqrC0oU6ElgVT0GzzkS97lPDKB4HkHeRQEC5YNiS0bNC~ClpufXAflrpnV0zBvF3RxwFqA~FvKbuDGHOHUmBeARXxZsA__&Key-Pair-Id=K3LHBTUA5A7KEY)