View 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
Kind reminder: Due to market fluctuations, prices may have moved past key points, rendering strategies ineffective.
EUR/USD Intraday: Upward trend.
Pivot Point:
1.0845
Trading Strategy:
Above 1.0845, bullish with target prices at 1.0860 and then 1.0870.
Alternative Strategy:
Below 1.0845, bearish with target prices at 1.0830 and then 1.0820.
Technical Comment:
The RSI indicator is moving upwards.
![a0c69f2a-f4a5-473c-afcb-bbf592f4c3b5](https://production-app-asset.traderknows.com/images/3f3eb57b63d047d0895d4ba0756195bd.width-800.jpg?Expires=1724651001&Signature=dNFaRuNdkN3MR~Gv1tBPY~~m7FZN7CevXyDwqbSZhd6EFQ3XsDYp3ymjG09LiSarpOLuk8Z2YdIZYP0AVsJnBo-7LS5lchmCLH3LVgIIgTG1Cp4mNgOHpWGgCtcS3Je1IL84SU5kB~WrnLZmBGhWlZvVovS611IFniWiGGmmUQcSU~wUID5~BgtAvn4BAkZbO5FHpAAiPf7RGjBIOYOYEegou7Bmc1Xv9etEKCIMO8yFK4KHtvyTXKSZ3tsEfWGcqNac0moj0OOiLpFjVtJnlksLIN7eSWR5s11zalAFHnNFd5xINp5EFpTpfukOSdbMpb3-vwQ-QoI2ANlUpDZiVw__&Key-Pair-Id=K3LHBTUA5A7KEY)
Spot Gold Intraday: Bullish.
Pivot Point:
2344.00
Trading Strategy:
Above 2344.00, bullish with target prices at 2364.00 and then 2375.00.
Alternative Strategy:
Below 2344.00, bearish with target prices at 2338.00 and then 2327.00.
Technical Comment:
On the RSI indicator, bullish.
![db89fac8-b9eb-4dbd-a588-676218b36c51](https://production-app-asset.traderknows.com/images/8d37f1a44b60410cbcdc73ce456ea0a9.width-800.jpg?Expires=1724651001&Signature=Q2XzmpayaVyPSfTmq0ARioIbwLqGNlIl9yVVsYcA5IIR9ZRsjuWhiDce~6-lOvaplQMGKnv2rNNn4oFI1PyKsg2oExNqpdTBdWsbNNFcBbJLJ2AwqgktQ85VquzortwikWlH27tnt6wa7Uv0J5DpstGev-wgXxSff87-OuzsqWwhnAbkfTIL5EgUMK52IambO717xUZnwwRSgR98xOFkxs29fB4gODtMtiy~LvD2Y-~~cnYEINNLUecS5-IJYE8nOGvkVusLzjeZakk4O3UeJIwcWxpCY7csPlr4Toi43NZxMaMR6bziDImDHsYnfuvZ7y0eT6g9Y-K9JXPbQa6V9g__&Key-Pair-Id=K3LHBTUA5A7KEY)
GBP/USD Intraday: Bullish above 1.2660.
Pivot Point:
1.2660
Trading Strategy:
Above 1.2660, bullish with target prices at 1.2690 and then 1.2710.
Alternative Strategy:
Below 1.2660, bearish with target prices at 1.2645 and then 1.2630.
Technical Comment:
A support base around 1.2660 could stabilize the trend short term.
![eba2b991-47c8-4593-b229-fb81b54cf360](https://production-app-asset.traderknows.com/images/5fe922c231b148d5b2d945ec5005b0aa.width-800.jpg?Expires=1724651001&Signature=MaKPcnt3ff4NebFxFJFj~3RCwLqXaPx52sZu39zmw9jH1-5R6cU2DCJoOiLqDxRPxosLAltILcvKCTmjPhvssz~sUwmPnkGt24cGpf6WXt~Ot7lkpSn5P32OpE-RQLU-CzZ0QcIetC1WUb5otqXnCNjiod7hx-4nmeP99PJA8djPBI0KaOIV8oUKNG1VKjoKz6u3lVpUwW3MMXfVfCL-Q3s0S~rfbgcYjcy64WYdOeL7KRFKNw~hSpFnLVq-2G6ieN8Ln~bcytQE5FZPIJ9MADp-7rCKLzbyrG3TxhgWxPYQmEtF7vW~HgSoUOudNU3Iy8UvYDf0xZ45bi6YleRsbA__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/JPY Intraday: Bullish.
164.40 as the pivot point.
Trading Strategy:
Bullish.
Alternative Strategy:
If it breaks below 164.40, EUR/JPY targets are set at 163.93 and 163.65.
Technical Comment:
RSI above 50. MACD is bearish but above its signal line. Moreover, the price is below its 50-day moving average (164.85) but above its 20-day moving average (164.72).
![42ff0ea8-8708-4e3d-a1a5-c8f334811d54](https://production-app-asset.traderknows.com/images/10222eb0d0ff45ccac14a34ac1380e9e.width-800.jpg?Expires=1724651001&Signature=ydkGBcaES-kl~CCEu1KLWm8oqcoM~ZDjwFAF7nC4lpiZy1LA4H0fMG0nsTxFUCAskNAt5V4ThaGn6VFRckZqzNzKXlE5Dcq~g~3QUCffOlU6YdYrIjIDzyWgSTwrg0SSnduanWXvL5W8J9H4IQfhTXhzsBVfsHoA6GorcbzwBluFbpjKX-14ZS6WuyDteRXYSQq2pV8w2OF80ycCn1-vbHDVu6GIJLXxNnHT9EA3rTG04hoyeYdPakg~KfI~wQAtPp5nklsM7q3DiqRhe~f8ng0OMade1iDFYjFCM12~F0vWOIpJ4GLfA5M8g82t9tcSZX6pHZpMDPQ74el3gl0DOQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/GBP Intraday: Potentially rising, target at 0.8583.
Pivot point at:
0.8557
Trading Strategy:
Potential rise, with a target at 0.8583.
Alternative Strategy:
A downward break of 0.8557 would trend downwards, with targets at 0.8547 and then 0.8541.
Technical Comment:
RSI below 50. MACD is bearish and above its signal line. Additionally, the price is below its 20-day and 50-day moving averages (at 0.8565 and 0.8571 respectively).
![faaf9f0a-6dcc-4915-ae61-7ad1dc02fee6](https://production-app-asset.traderknows.com/images/e562adb3382343f6aee51f530217977e.width-800.jpg?Expires=1724651001&Signature=ocuFIucvB3sSCWFLzBPfLGs~oSzFmPvT-mvvoLMD12aq2gTbjhx8NB2YQW1c~68s2J0aEXONZH~Hq2J7-6Zx3qAQPLU872K7mleGa36kIJ1pNT9ewvxJtS5gVndDDNkJ3q0jzhH~f3~wAMwcEbCqwPNQOzj05iI7NbnKU-7c15~XyqzF-24LJ-d0cVoT8W1tnwah~AyX6Ul96Den1djGtNGE1rcnL~yG1kGLin3OxuCvIyEjV3i-eE1K6QxbVN9j13E0FIMbJYboT24qZNRu3TKv~S5q90K72XGOw50sf7889~i1PX~Q~FVOIFOhlJaQw4bHlbBtQuI3hYGqlBN3YA__&Key-Pair-Id=K3LHBTUA5A7KEY)
USD/CHF Intraday: Under pressure.
Pivot Point:
0.9045
Trading Strategy:
Below 0.9045, bearish with target prices at 0.9020 and then 0.9010.
Alternative Strategy:
Above 0.9045, bullish with target prices at 0.9055 and then 0.9065.
Technical Comment:
As long as resistance at 0.9045 remains, the price movement has a bearish trend.
![37d0d3d0-c968-4122-ac67-d6316080fdea](https://production-app-asset.traderknows.com/images/b9493d8055974cf7b93ed12cdd61fa63.width-800.jpg?Expires=1724651001&Signature=V4Sz3Oa28Keo7qWFChhKPiigxHL81UEEkf7roKTvyvFqCy4k7-pszqJe6KKBUc-TDO0643PnGh~yZeeEvTnGwf-kGfBNGwcLkjr~Bb5N2cDBGusoDn3P68lPxByRbHx6jc8ddQNDVAWuwOPpRbTKfYD6sj-azlmTfNHWQ85JPmx8HHNacf2OH4LD0POX5BI~TJpIyPoP1c6nCQ6xUG--QAO-2fUslixEquPsxSwcSbsddevxVyVjMsxtwK5HvBDFt2-0Ln6aYOzdqFd4kl54s4Ms~QWGbltpCDKlRR2i0L7kUDhPCY2mS6K~JyaSejj0m~OQyfXBA4D6zTBdyO3f9A__&Key-Pair-Id=K3LHBTUA5A7KEY)
Germany DAX Index Futures (Eurex) (M4) Intraday: Under pressure.
Pivot Point:
18680.00
Trading Strategy:
Below 18680.00, bearish with target prices at 18410.00 and then 18340.00.
Alternative Strategy:
Above 18680.00, bullish with target prices at 18770.00 and then 18840.00.
Technical Comment:
As long as resistance at 18680.00 remains, the price movement has a bearish trend.
![95f36fdc-c14f-4f39-9a7d-f1bcfbe23f62](https://production-app-asset.traderknows.com/images/c1385bd4f3bd421c93a28f949e45bd48.width-800.jpg?Expires=1724651001&Signature=ioWsr0NDbPV1eo34A8tS~f49VS45RqnqhUfEvNsJ~cyG~56aaeIupPJ4cvkrGRm8SH44Y9773~x1ULr1cRDQ0MmTG7RGWON7lbahWzo3pRIQXGvaE0MAIDKcFcJiiULStQlA29IMOzNKNpK~2mg~25lPQZMnhfYugU8IQol4ZK~86VvzsKVH3cbniSi0ANxval4AUA1Mkwaz1ad9Yl09OFZAHCpVJp2WCIYttfY2aGdlwgiZ7kaNgo2jWHARmWVFV0t24Ba3nzJt2g-H3ntqiE5UwnAPg2FF0kEXcya1mo6KaWBcqMAULBH0Z-ugflX~mRuHmQ6pqB5Mck4Gkb7C0A__&Key-Pair-Id=K3LHBTUA5A7KEY)
Brent Crude (ICE) (M4) Intraday: Downward trend.
Pivot Point:
90.10
Trading Strategy:
Below 90.10, bearish with target prices at 88.80 and then 88.20.
Alternative Strategy:
Above 90.10, bullish with target prices at 90.55 and then 91.00.
Technical Comment:
RSI indicator shows a new downward trend.
![2087d206-00e8-4196-ab3d-6f8283bf111c](https://production-app-asset.traderknows.com/images/60762883bbc74ab2b759f49f538fd2ce.width-800.jpg?Expires=1724651001&Signature=GNdjrpTX4bHkiigJud7X-YU8Kidxg1pDF7TiARCPXCwJNuRoy45gq0CEgxEsI398SnVxmEbXW9oxeoMhweUPPDXCrVYt0Ix-7w6C~hxX33qk1KFQA6IbXwm-Nmi1jEbRwgTYxuFTs1XPCuIUMFEYcqCnzXPsmEZTIrnIw5pZlSURc2AdwhxaeeVIwLrKz8oimL1IlN7gqfSl6-UDJVyr9X5SUtnRTjKLAXctOwJKUO9-wNoKvlFsmtIewqoGT5Sz6xaJvhACv1HWOCp-nMHAbkarR7dYhTpGGhw8~nh3cR~ADfHarQ8qKMC2tRMNH-9yqXVyPZYPOxwruIu~wOPPuA__&Key-Pair-Id=K3LHBTUA5A7KEY)
UK FTSE 100
Index Futures Intraday: Bullish above 7935.00.
Pivot Point:
7935.00
Trading Strategy:
Above 7935.00, bullish with target prices at 7986.00 and then 8008.00.
Alternative Strategy:
Below 7935.00, bearish with target prices at 7905.00 and then 7873.00.
Technical Comment:
The immediate trend remains upwards, though lacking momentum.
![e09d8b50-11a9-467a-962e-62ca0ddfa854](https://production-app-asset.traderknows.com/images/ff5671e2b48e48dcb251abf03fe6fec7.width-800.jpg?Expires=1724651001&Signature=gk7PWi1fuNmcjeVs4tK6-OM84Ma4BX3ECRnWB58E1BygxwREzrF0lhr8d~xBSFosaWnloDxdsvLC1OCvMp-fW7WMuj4DGCHwdQOkj1yANLuc4-nE8sIlfg9MRuTuzxuwbQRQV9HQ0fHgAfVp-PfI~J1QQnhUO0XDhGbm0LBZgdUrOElrlGBuBZqya7hV6e3eHa7P14TDPxu1IyfIS-2LEuIUIFSo09E3~RCkWUBBA6mkcJ~C3nmKPdR7aFhTzAQNTqg0SXk6-TcCIq1s0RxsyRPnRJ1uz~SnRNzHEddVGfGUYA-T4QEk1yo9MscGVwU3tfpf3srTleTqnJLovNo9QA__&Key-Pair-Id=K3LHBTUA5A7KEY)