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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.
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.
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.
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).
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).
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.
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
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.
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.
