Explore the latest market perspectives 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 Germany DAX Index Futures (Eurex) Brent Crude (ICE) UK FTSE 100 Index Futures
Kind reminder: Due to market volatility, prices may have already moved beyond key levels, rendering strategies ineffective.
Spot Gold Today: Under Pressure.
Pivot Point:
2185.00
Trading Strategy:
Bearish below 2185.00, target levels at 2169.00, then 2163.00.
Alternative Strategy:
Bullish above 2185.00, target levels at 2200.00, then 2211.00.
Technical Commentary:
As long as resistance at 2185.00 holds, expect a bearish trend in price fluctuations.
![c229a1a6-811f-4edf-bd06-97063b58e2b4](https://production-app-asset.traderknows.com/images/a5465e4d728944aeb8e29ad32b397207.width-800.jpg?Expires=1724619806&Signature=Q1qg5qeobr7Nt1QeaHW6~uqXbS3AbPsgwdXScraeTLjU3SNPoB84cY7ZAluzNa6sOdH4Z35TJtJJlKLrh4Sl5A2e9B~Rq~eKoPcJ71vIAcEjm2D5v93APQ4LMF4IZyTtbTgyd9EXkeKqMrlpZ3ljCzROdvsggMqowQcOGxuy62tf6uRJxc1oh4EGPq-vftIpXs9~z5i0eFHgwN8yLXizoG7-CxUPZzGKt3odTkVNAOHfW4iOdRkCGmgZQTKp9N~hSCg1KXiaWpIHFbDo96fEWB4I5ssS5Dslpl0rvlAvYst2FBLHVOcR7S2OSR8xMRKQyO5nnvgbuxqAdGiPyLkJVQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
GBP/USD Today: Under Pressure.
Pivot Point:
1.2640
Trading Strategy:
Bearish below 1.2640, target levels at 1.2590, then 1.2575.
Alternative Strategy:
Bullish above 1.2640, target levels at 1.2655, then 1.2670.
Technical Commentary:
The RSI indicator trends are complex, leaning towards a decline.
![de8f87fd-6fc7-4b15-8fb2-58c23f307c64](https://production-app-asset.traderknows.com/images/0cdd0ab30c2e4f279a16f7e3e48691a0.width-800.jpg?Expires=1724619806&Signature=cvCcjTl-wuhctG74pLS4RUW0FM1aZ0mSi5tEtwgsmG-an8AT9EtMcO2H15QNjPCRk9a7eOqv78WnfbYTuFgAxfFdLSmDBtjMpREsF25fEWWY7r44b6erQFq-lIIYXvO4x3hyouFsYIITieD7DwDq6OHEKsltRBxSZrEmhi5IPzuDFhkm7512SplqwyYpPBb1keXeczB7rUm1fOhLtuX-GTElmszWv7J4QMSAm0Q9viNbofUu~I3H4qxYbKgdLEx9pb6UIKLllbK97lC5oHMgS0ZGbrGc1Ger2dkZ0uteNecvsTLd7bQGX-aWuaun47e9vqZ~V3ZnObWGHgcV~ogBtQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/USD Today: Under Pressure.
Pivot Point:
1.0840
Trading Strategy:
Bearish below 1.0840, target levels at 1.0815, then 1.0800.
Alternative Strategy:
Bullish above 1.0840, target levels at 1.0850, then 1.0865.
Technical Commentary:
The RSI indicator lacks upward momentum.
![5eab0dc8-97f0-49bb-baea-a585f107fe3f](https://production-app-asset.traderknows.com/images/df14829c53ed467a89ce6866da38dc55.width-800.jpg?Expires=1724619806&Signature=t94aAPWz51MqwsT0-rZtVFBzhCNEKJNjkNNkxTc-w05iha5A8swcEU4df3GdoXXI18wqpJcSkID5ysz46DK7x32s2Hz9DHWM40DtvsbWNM7Lzrbg-I4RVWbBkhtSClb-A1ffFsB0oTyvjKaS6CZf8SVGYpuJlMyIh0d2TyoxerguDm5ti39HMvJiXH-8Xt-JKH62biPNunvthBz~BQka~SjdtwqTdNrnSiQB7OE8Sw-FkVAKDGzuhG8ucRsnGWgBcafWJzuA4WJnLMbfyYaj4EYX293-i7HGcWe33HdXMXs5TN1hMB8EMl0DaE5rO8FmaOAT2t6t7NDXeK0I56fjOA__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/JPY Today: Bullish with 163.76 as support.
163.76 as Pivot Point.
Trading Strategy:
Bullish with 163.76 as support.
Alternative Strategy:
If it breaks below 163.76, target EUR/JPY direction at 163.31 and 163.04.
Technical Commentary :
The RSI indicator is above the neutral 50 area. The MACD indicator is bullish and above its signal line. Moreover, prices are above their 20-day and 50-day moving averages (currently at 164.10 and 164.14).
![d7543fca-1901-4ffe-86c9-e94e5db0e80c](https://production-app-asset.traderknows.com/images/26d600921d604249ba88bde309222e53.width-800.jpg?Expires=1724619806&Signature=coJ4P241oXg-z1j3NCQEcKhcFsG9yxUx1aMPjdz-Occbxlkn4YB0~umUF2TAvaGlHxXFGAbC1KKk67jatHboZe7N7wmvs8GOiHeEVDAl7pCEXpNN8pTcYhGKEVdchbBxeeQXj-hZy8uJAOrnJ3KFHUYiJRIRF1Y4Z3eweNHKM3TsxNzIGiWRo~k872hvcr9xU05ETScrd5tTavmT226JCjc67g9i5hrORV1ZWtydfp98-q-E73-bWHHrsv0V73KiDn~mka~rcrunD0jtNx-hsjfEL~5pYqC1sVMCwAqhq5EVcbTRUOwEBY6O-1YKOXn1DIZ5OsNazAyBTwqocjGn1A__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/GBP Today: Bullish with 0.8574 as support.
0.8574 as Pivot Point.
Trading Strategy:
Bullish with 0.8574 as support.
Alternative Strategy:
If it breaks below 0.8574, the trend will continue to decline, with target levels at 0.8563 and then 0.8557.
Technical Commentary :
The RSI indicator is above 50. The MACD indicator is bullish and above its signal line. Moreover, prices are above their 20-day and 50-day moving averages (currently at 0.8579 and 0.8578).
![8d30c503-7de0-4dbb-ac3b-6e171737b878](https://production-app-asset.traderknows.com/images/2963f480ca5b48ddbfc2e2a90a533e80.width-800.jpg?Expires=1724619806&Signature=yi60WHa4QdYJ8DqkTx1migesHzbXu2mn2W8DnltgJzEaC23M-4RR~ZmNP55NN7EJ5ViW20V4GiqAVXhuDo8XPTLd8DGu6Efdr7Ii0wXUJx1d7mfsfz380ByKfESjz54LEMZpOs6AZobRPlNYjIWO2gKNCALwqqtzvh8kGZA6Tmfexd6opcVv7nJCmra8SsV8Htdc-2lvbrXetkfLDG-X7tjSj98s64vAIFaoPR3JI7CMa-km6X-IveRn-BJKJI1aeXJ8svOsW9Vi5rZEyAHLC60mp7P4J8q0RD3HRaoAt2RTqoIZXPLqmOgdmm26ZmLw449LSWP0SCewjALMgLoK9w__&Key-Pair-Id=K3LHBTUA5A7KEY)
USD/CHF Today: Upward Trend.
Pivot Point:
0.9015
Trading Strategy:
Bullish above 0.9015, target levels at 0.9055, then 0.9070.
Alternative Strategy:
Bearish below 0.9015, target levels at 0.9000, then 0.8985.
Technical Commentary:
The RSI indicator trends are complex, leaning towards a rise.
![87b3a065-51e8-4338-9982-d6d17009279b](https://production-app-asset.traderknows.com/images/201bc6bd037548f4a09f79106b852bfe.width-800.jpg?Expires=1724619806&Signature=gL5HxdP4vNiYpswuvQmiGQ544gGyxfgp3wzz1QnxGhNsqG2J9JvZDNR34tUEwlqNdfaxBoprtmsOHnKFvR-7BkL0MKfe0uZgIER7sppRxIdE~a012K6BifMdQtSB~P~2KKhEpYCe951ZH2JIV3aMxl0Z9xAHhoORy5VZO87XSIHWY8R10KCIkl3KpiAKzz-PnJWBdgftXeJzcDkP-zTyq-QolXX-p6vdQ~Y9JTh1vgyoEduNIn7FkbekaTZPJ9VYSko6binngKJDgf96cxFs0expD-JIyhI9uz4cBIbUNxEx8w3BQ-BAPvD0SmouRyjw2vmjoFUNnJIPOLL7tREF3w__&Key-Pair-Id=K3LHBTUA5A7KEY)
Germany DAX Index Futures (Eurex) (M4) Today: Upward Trend.
Pivot Point:
18460.00
Trading Strategy:
Bullish above 18460.00, target levels at 18600.00, then 18640.00.
Alternative Strategy:
Bearish below 18460.00, target levels at 18405.00, then 18340.00.
Technical Commentary:
The RSI indicator is near the neutral 50% area.
![bee57564-6042-4d3b-bffd-e06f77019b3d](https://production-app-asset.traderknows.com/images/d517f16a48ef4ed38598861ca800060d.width-800.jpg?Expires=1724619806&Signature=04~48aR0W4i0bD9z7p29-1YOQ34Ufvu0Ckdz4ApSiRWXo2as4XVEW7SbIukc4AGiVMLIT6EgGLzGrRtgzlASE52SpELKSJcz~vy~vnTRofzLCrVib5IUGiTk2vReq6AeDkj1CVFforMZoQQozbcf5PAgrz5ebBKlm7QkF~3mVA8R1wGV5wPwawTNKZyD6gxiJdki~50esVfw-DG1ITe6ynoi9v3S7Uu-Sulg6vKzM~wHu72SUjWdYhlVz2TNGtgTTyVMOn4putSxGfcwpmxXb4rFGLAzQzJGoOOroukmU4aecqGwOL7GThhkrSlo~yJ48vot9QAzUr~EUdBS4OpCcw__&Key-Pair-Id=K3LHBTUA5A7KEY)
Brent Crude (ICE) (M4) Today: Under Pressure.
Pivot Point:
85.60
Trading Strategy:
Bearish below 85.60, target levels at 84.55, then 84.00.
Alternative Strategy:
Bullish above 85.60, target levels at 86.10, then 86.50.
Technical Commentary:
The RSI indicator has broken below its 30 position.
![0eaecc35-3eb8-4d7c-b8d0-37732c871283](https://production-app-asset.traderknows.com/images/6f2ea985b54f4da598e4385d2ea3b549.width-800.jpg?Expires=1724619806&Signature=J~N~lSR1kdkqL2pUOZ2KS4q48CIvmZazKbh1PRKDDUpailyYJb~ebXyTeMbvFahniMBv-TBPy77ioG5zA~i8ogmoRLEyt2~d1qpyQQyXnI6Z6GpapVs~0xOhsB1WLswMC0ZWdodOPqrEAptIF3kZJJpOAMdxusPVoBU44vhZCMnozemZjjljjyEvO2Po76IXP3DwA3RKGHF0lnulBMRerrqhkOYvdoelY~5XV~hWmOFgCYSuRO692aLMTSoAfQfkQ1gSbUNT5vggeYfCFR4Kz~9iZRD-MmmAwBvsdyIYemniDRgZNryOuedGEXpoMvDZEPkbLAW6txw-fmOxHN6HwQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
UK FTSE 100 Index Futures Today: Short-term Adjustment.
Pivot Point:
7985.00
Trading Strategy:
Bearish below 7985.00, target levels at 7900.00, then 7865.00.
Alternative Strategy:
Bullish above 7985.00, target levels at 8020.00, then 8045.00.
Technical Commentary:
As long as resistance at 7985.00 holds, expect a bearish trend in price fluctuations.
![30082504-8369-44fa-a8f3-4d1532862347](https://production-app-asset.traderknows.com/images/0c26b6833c4d4cee81b94fecb8b62b3f.width-800.jpg?Expires=1724619806&Signature=bXjPBYNthD2O9vlzy98mDls4fY8PJy7EnkxKLTKUBZIwOTqlbol7SKFVEkatZCRgFLlO4w7WomTe44uEksCoApKOuhnOB9ql7HTrfNMCH2xtGIlQowAruVYWIld8wS4e-VB2kcyfBe8x9IKIsFy8MO1v-SaNilmF4nZPy7gBmPr0OzwHHd1bi2xvrItwMc7Dfevk2LF32cKt8glvJYm5hjj17lgiQ7WAELpTQLIvgR31t6vYknDB5wvIglGCttBFOUkUbU1hmBEu24sUFHIY4kqNNGzTnOxIU04LuTMTfChwejiMsOf3EZUZgtVJOvm9QdoeuK5OXJTZGumsi6II5w__&Key-Pair-Id=K3LHBTUA5A7KEY)