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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 crossed key points, making the strategy ineffective.
Spot Gold Intraday: Targeting 2143.00.
Pivot Point:
2166.00
Trading Strategy:
Below 2166.00, bearish, target levels at 2150.00, then 2143.00.
Alternative Strategy:
Above 2166.00, bullish, target levels set at 2173.00, then 2181.00.
Technical Comment:
As long as the resistance at 2166.00 is not breached, the risk of a drop to below the 2150.00 position is high.
![Image 1](https://production-app-asset.traderknows.com/images/fa5cdbe3d9304b8da4e69cf6a244a242.width-800.png?Expires=1724636570&Signature=0fOGhzLFy7G5hLVVUXwF6rC6vM1BWnLFeaR~RI3ixlBaOho2omW-wXtVFT4I0XcLyCOA6I48mX2cW0W4d69Of-dCq78-7T5YTZfRTmNDT~52kq5aWVFWIrnXEsF4MarVK6zJhmE3GjgqAQ3g0rSHwFWWoyWbVJCmZYaRm2bylOztdA9i1sYcBfomL4kUvnUIpQFDVinn-khfnxyVqz~wVKQ0tFmj9ftUi1Z9Rq0D-CzwmKuwHq8kwnrxB1rV8AMZ78i56MtIU8VEtifEJWXWdNCyZPLC7HkWBD-fTvvOBegS-sdpubJ~teDv15hUBSXpgNMKDA0qsCUI8fIAxDHM5w__&Key-Pair-Id=K3LHBTUA5A7KEY)
GBP/USD Intraday: Key short-term resistance at 1.2810.
Pivot Point:
1.2810
Trading Strategy:
Below 1.2810, bearish, target levels at 1.2775, then 1.2760.
Alternative Strategy:
Above 1.2810, bullish, target levels set at 1.2825, then 1.2840.
Technical Comment:
The potential for a rise may be capped by the resistance at 1.2810.
![Image 2](https://production-app-asset.traderknows.com/images/e3ebfad13bb24dbcb8997f1192be8461.width-800.png?Expires=1724636570&Signature=NCNQcHEV8Q2MpbspYjXdrHRMLGNluUIkVmlTtvu2BRq~RQUlHmzjZEJEAxi9Uiu3ENjkiMO17RVDggzCsFijZOb9gLs7~99ycVWEw6FFU5bmqcbFN-C0UOF-lbQ0u7ohXjRW1bMQjeUXYredd-OfHuDby6oBrC4Zq1fFu-ZeSPdlelZjo2flLTvYj8ytDPjKdJTxFUp2RSH2-7VSGrvlfalBEgPeeBHFjrYbWFID2fcxv5zWE7mGSGbD-uemY0mJyhJns261js0pyns3wiwaBYeHDUcBA~m2pNNILoTYbumh6uSCLqa1znrkrnjaLYxORF7-GqhxbeDERP2AYXiCIA__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/USD Intraday: Key short-term resistance at 1.0940.
Pivot Point:
1.0940
Trading Strategy:
Below 1.0940, bearish, target levels at 1.0915, then 1.0900.
Alternative Strategy:
Above 1.0940, bullish, target levels set at 1.0955, then 1.0970.
Technical Comment:
As long as the resistance at 1.0940 is not breached, the risk of a drop to below the 1.0915 position is high.
![Image 3](https://production-app-asset.traderknows.com/images/e5d781063d314223a1ffc776a707cad5.width-800.png?Expires=1724636570&Signature=mR6hYZTcB~QSNnMY3Y-wvjByvxPioMbqdLZmvCz8XqLynaLtAvu4sI23WeylKD2zG-Z~SIEDAp~aNu6rE8eWy0Q8327wo1cxgjN54PBn3ouYYRyETgdJKecXGISiZO0IjCFWTrFvJM5W~rtwTFPvafJdV7tEvXhDhOFFyRaMfLKRukhkzoKTotcHtw9lh87bhjJloqthIe~h4or6J~dh0reZlIjCVoZWH3WHaF68oDow53JGm39pJsuGzy0-W-HL7Wcq2tcClJbQFCjflFo4kk5DAz5qr1nhStFTgy6vEFhGr3oLV-2k8OZ1xGInSvTOluqJDW9xa0e4jBMoPtaDsg__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/JPY Intraday: Bullish, provided 160.87 is not breached.
Pivot Point: 160.87.
Trading Strategy:
Bullish, provided 160.87 is not breached.
Alternative Strategy:
If it falls below 160.87, target directions set at 160.46 and 160.21.
Technical Comment:
RSI indicator is above 50. MACD indicator is bearish and above its signal line. Additionally, the price is above its 20-day and 50-day moving averages (situated at 161.19 and 161.21, respectively).
![Image 4](https://production-app-asset.traderknows.com/images/b2c114a0ff604afb98e77076856dcd09.width-800.png?Expires=1724636570&Signature=DeQZ1oh9fqb7HGUOTuy-V3YBi-6wP9Y~q3sxq0k4UV9wlH~FiO8CA1wCHuMrcKeSFvI~Hje18M-PcS7-9-8RNnWOdAjfP0cMP-U7S3Y0c4U4N7wBzAxTW8xqcZ9VWG12-NZbNHBsqRESLrgxdpzsB54V203oHKZNXxs016IBlbKqeO1gmZVvKsAjI6XhZSIRNkO0EJPqJPSja9zyDBzk3luF57x-wyLN5jQdf7s3uW6BUhwCXdD07la1hVGxEk7IdrWZ0nN7Ehyp8o6AYs3Iy8rgk9BR2b9sq0j5j7svI2XpXXfriA0Fc8DXMO6APWfNOGTkYQajfrPzxy7XkbrNiw__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/GBP Intraday: Bullish, with 0.8530 as support.
Pivot Point: 0.8530.
Trading Strategy:
Bullish, with 0.8530 as support.
Alternative Strategy:
If it breaks below 0.8530, target directions set at 0.8519 and 0.8512.
Technical Comment:
RSI indicator is above 50. MACD indicator is bullish and above its signal line. Moreover, the price is above its 20-day and 50-day moving averages (situated at 0.8540 and 0.8542, respectively). Finally, the stock price is currently above the upper band of the Bollinger channels (situated at 0.8542).
![Image 5](https://production-app-asset.traderknows.com/images/3169d6fcd9b34e1481b3fb48ecae567b.width-800.png?Expires=1724636570&Signature=QdWguqnrRYMP5VxamJqN--KEQ41qbxNnkhDMcu9Ynh4F1LirAuvr-1K1ZELNulN6bkAvP4mm4BCp5UuFhc6ilKY19TWfTCTwLSypWjhJ~GYy0a-nBBeB8PtiBT-S5TotLT7Ikmn-QNUuAHsLG-NtVVFhn~a8SDovF6xjvWcG4gWPe2n6VaiIWGqjbQPlIsufnbAxSqZ9RnBGczF7Gr0EWmsBH9RBZh9GkCETD4fWZ-mBDwblPB4SCnUzzo89HL4ojFOfC0DzCLosJvGWm8AxRdxV5GbZXMho0J7Iqw69Bd3lXR56kRvlQesvULWiIbf5qHmkyWpiVaZvxpbUSBv9XQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
USD/CHF Intraday: Uptrend.
Pivot Point:
0.8755
Trading Strategy:
Above 0.8755, bullish, target levels at 0.8795, then 0.8810.
Alternative Strategy:
Below 0.8755, bearish, target levels set at 0.8740, then 0.8725.
Technical Comment:
RSI indicator is trending upwards.
![Image 6](https://production-app-asset.traderknows.com/images/3f52194274404736bfda9ef90cf1d6ee.width-800.png?Expires=1724636570&Signature=wlYT5zrSUGKUR93XXEvRBVe1LiVM098TxGop0W19ocS29Jh-t56d9sbVI4T7GPfTSkQhFZrRmXLor-UZZ2ywUr-7HeagwXBZD0~eGuh4uXFFIJJulJEeFd8~2n~nPqfJz3m02bgD5xpLfXzDZ5IP8ypcEEWE8kjp1Su9BmoT0JGCZvmPU3nQj2~NTmMuJfM1MV4usLzn4LHd4qayILbaLOzg3dyjRu9vGmqhot-6ENMDTTPFi2jwMJ4KRBAh4NtSjf4g8UKVOshvwG-l5zK1MVRVNDBn4fj6NKTCakPbBFG-95oswmxkiPXMFHHseT2XmlX2u8MDFPuszUOjuxNFQw__&Key-Pair-Id=K3LHBTUA5A7KEY)
Germany DAX Index Futures (Eurex) (H4) Intraday: Ultra short-term (intraday) support around 17765.00.
Pivot Point:
17765.00
Trading Strategy:
Above 17765.00, bullish, target levels at 17870.00, then 17925.00.
Alternative Strategy:
Below 17765.00, bearish, target levels set at 17700.00, then 17635.00.
Technical Comment:
RSI indicator lacks momentum
![Image 7](https://production-app-asset.traderknows.com/images/335e5d01719e4478ab127696e2b6dd61.width-800.png?Expires=1724636570&Signature=BN42YVaLX4xOkMom-L0q4ZQSiMQHzNEvRChPjku37vex1GXK1RFzGfhtdBi~g~7GjVm67j6NoD-Ca3z9QVcojeWHHpTtmoBpyXYDslAszbFe7tpVftXvBDW5JwdgdRi0Gv6~rso1Dap6g6YAjy~x~9v1BOKDyi59tKrQJQSsgDAZbD7Xogo~SZeKE4326EVZmHQyKN3WDRzKQUpyx99SK8X8sILxDhlCmytMFa5ITxg0~y1pmUBv6cMPwRbbcKngmIAR5kn2LvjUWkQmPELQ85tn5rGe8cCYOhBl5sRo~YTD2S-43FOazKhyxu2eytpXPGaAGIRQwjQT4O7Ne4uhSA__&Key-Pair-Id=K3LHBTUA5A7KEY)
Brent Crude (ICE) (K4) Intraday: Short-term key resistance at 82.70.
Pivot Point:
82.70
Trading Strategy:
Below 82.70, bearish, target levels at 82.00, then 81.70.
Alternative Strategy:
Above 82.70, bullish, target levels set at 83.00, then 83.50.
Technical Comment:
As long as the resistance at 82.70 exists, there is a bearish trend in price volatility.
![Image 8](https://production-app-asset.traderknows.com/images/c18b0ca17e654fa4842c13b7926a1853.width-800.png?Expires=1724636570&Signature=RUqrnz~LCRUxyRh5I6tFzNzm9-vgjxH6GqmY2WCeKDqUBW8IeVirEmC8-sYsHZ0RyReSk1VcQ1j~jd-aDvynegbRkgpKT1v0fGF9VZVTaNqhmqGLm7zU39J3tP7239v6MCJ9ReWYJqkNUhUtZKyhPFstVppxcFgqWGTr90HorBVn~YNgLKRUFrADYPO2G1CQxeofWKOk1Ifbicp4by1f0qFhQJTKWH3Ukc9m8puSJiWlYzHcpjTuXZfesxNznIJbGrIYwLbTVp1~n41gYVX4To3xA7clGgGpd04c~STiT1K24JdsXiDf2mfvtb4Nf2jQhcKlzUvHF3AEHEo~VhnxHA__&Key-Pair-Id=K3LHBTUA5A7KEY)
UK FTSE 100 Index Futures Intraday: A new round of rise.
Pivot Point:
7683.00
Trading Strategy:
Above 7683.00, bullish, target levels at 7761.00, then 7789.00.
Alternative Strategy:
Below 7683.00, bearish, target levels set at 7662.00, then 7642.00.
Technical Comment:
Even though we cannot exclude the possibility of a continued adjustment, it should be limited in terms of duration.
![Image 9](https://production-app-asset.traderknows.com/images/d319d98790894198ab1a09701cf351c7.width-800.png?Expires=1724636570&Signature=lutuWKNYAW0ocwoiAPBABD~KSiF~5~S6-I9HBHfHtfBx9DIyYx-S~1ykJWuInXKJobrenADQNwREz8YRxMLfCNDkykqbv83sBp1TZwTR9tx5k8kVVRa5ZN~eUA5Hb9I1tZJaLvtKT8Z3iCOVxJAu9yjEgESKfZhyq~pjqJdfhzt~2irPt~egMZzrtTz28ZbZ3vmbG1bqNeNSMqzr8v0ocbFqTaFzHE5VB2LnNoqSvCaQs1xgZDBt4qNAmpGWaDQ2jKcYUzz7hNyLp~j8wGiBr3kgPAYjuzjWpEibOEDd-yTHw4-rIipQ6GnErSr8CubVHbgr5eu8p35ddqAy1addug__&Key-Pair-Id=K3LHBTUA5A7KEY)