Check out today's market insights from the Global Research Department of the Trading Center. Explore new trading methods and opportunities from popular trading products.
EUR/USD Gold Spot GBP/USD EUR/JPY EUR/GBP USD/CHF Germany DAX Index Futures (Eurex) Brent Crude (ICE) UK FTSE 100 Index Futures
Warm Reminder: Due to market fluctuations, prices may have crossed key points, rendering strategies ineffective.
Gold Spot Today: Downtrend.
Pivot Point:
2300.00
Trading Strategy:
Below 2300.00, bearish, target prices at 2275.00, then 2265.00.
Alternative Strategy:
Above 2300.00, bullish, target prices at 2309.00, then 2320.00.
Technical Commentary:
RSI indicator trending downward.
![1](https://production-app-asset.traderknows.com/images/25e6f964ba8e4cc8949fd3acd95e707e.width-800.png?Expires=1728335556&Signature=ChWNCAGl4-hKe7k7vfmlPi7zPCDAHPBH6AgUci4ycJHrlaZYYmTLUkmovak4LIq3nKNPf2p8H9VJAGRYZvqPKX4pxhNklyJsckF9M7VDDEYEU9PUd-qoi4orFV6NhvAY1o5wTzS~-6v4QJB2zSLJ3s5rpMw~maLjxj6eP5FXKLyCYxVYoyrchPway8gmLKuNUQRRC1eW3uvx0ONnYeFCFe~97Kbeq8qcv-fEw-4pI4dbTWXzNTXPGEVkRg~VcG3e-RRnEi722qL5iG54CsjE4K26vkcKjmlsuTmFx-Ew2PiUBQlU4yG8OHaDN7vw3Ys4scRA2YKFkFisDaNN933cfg__&Key-Pair-Id=K3LHBTUA5A7KEY)
GBP/USD Today: Downtrend.
Pivot Point:
1.2515
Trading Strategy:
Below 1.2515, bearish, target prices at 1.2445, then 1.2420.
Alternative Strategy:
Above 1.2515, bullish, target prices at 1.2540, then 1.2565.
Technical Commentary:
RSI indicator trending downward.
![2](https://production-app-asset.traderknows.com/images/4251db8821904cd1a7d3a0b6a0d4ab10.width-800.png?Expires=1728335556&Signature=OJJkMIgwBjdBo6dvJ48mzyTJEZ6ifwU0qLVCq2jiIGtGUmwRd2jUrz8u8wGwsBWdV7ewMEb4NNovthOk4gGiUoFqUTOovSzNAVYHjV~lWFxZLUg3G4IZZMvM43whLYGS36h~3m1U8I91kAbVPmCzA~953A5b2kFsIeTn5Lk03PYACzjUDizLNkaUd1GLiALwYajDM1dh4DFp0O-7Yz12YwORWW2IbgGGOog6VYHttIvI564TFQCOf~AS6XZkUkkyrIkDks3hSSQ2AD2UBXdbAXMN7lxyNJEnTa0Uo2k2xvYtgNv1skv79wvxw5OnmxHNfMhVTY~s4OpJeH4KqwQweg__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/USD Today: Downtrend.
Pivot Point:
1.0685
Trading Strategy:
Below 1.0685, bearish, target prices at 1.0635, then 1.0625.
Alternative Strategy:
Above 1.0685, bullish, target prices at 1.0715, then 1.0735.
Technical Commentary:
RSI indicator has breached below its 30 level.
![3](https://production-app-asset.traderknows.com/images/d96d3d9ba100403da820dc99d39c233e.width-800.png?Expires=1728335556&Signature=bpoTE7Q93BnmXSo5mkviBO5bEN8AXt-nmqunkhpdzN3xfWgMvToD9vjRr2391hJGTJP6R8MPFPBKQ5X18VNP2ys9y3gGuD5WKI-lJLInlflwcgvHo9r7iyZP9xyTD51aCVbGWphKAzF-zWNgZay9yGopgjEHVbGWsqR7RBgnHVQfIGVA1NjMhXmCdRd5Hus61Edl1LNfB5W4Pz~sakDTN-3hEYTkPP64eHn-CqrhMW5xYoqC-6~FTheCmn-oeLi-2LK9bKhuDigI7EhTSEmm8ukYPGv1FJbk79LtnYRCnaUvShRVZC~XRZEAuTmccfUkuqkPdZcRx~bM7mkqqJvD8A__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/JPY Today: Bullish, with 167.90 as the support level, target set at 169.02.
167.90 as the Pivot Point.
Trading Strategy:
Bullish, with 167.90 as the support level, target set at 169.02.
Alternative Strategy:
A break below 167.90, will lead to a continuing downward trend, target prices at 167.48 then 167.22.
Technical Commentary:
RSI indicator is above the neutral zone of 50. MACD indicator is below its signal line but bullish. Additionally, price is below its 20-day moving average (168.25) but above its 50-day moving average (168.15).
![4](https://production-app-asset.traderknows.com/images/95ec4212b5b94102b878f707def0324b.width-800.png?Expires=1728335556&Signature=IpERrNQWWu0V1sk4Uovze3wVs028p39t625DguO2oEfuWXo4D~xWrZNuqij~LgN9Yl-lS8VCetZ8ExUCLNSesWBwc5ZyYvg~kzhReyQKMx2weKYB2XWXNrnkeNuwCqu25C9xCms070XAMfGFMu7g4bU2FSxEdeGmxGBuMa5wDN1NqzON6z80C7BXeeUw-7sOFp15weRg8P87XWBe9oncm2Mj51oYhWDPuQMHnOS6GCHRtR485LQCkSPIGRfG1ltWZVGGR7Rhz3D0p1a9WHnc~cZuB5naxiZeuGh9FICZJSwTwt9mLTDpjwjc5kJqCIZbFVQRD-MgHvK6P66SimeQUg__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/GBP Today: A rebound to around 0.8550 before further decline.
0.8550 as the Pivot Point.
Trading Strategy:
A rebound to around 0.8550 before further decline.
Alternative Strategy:
A breakout above 0.8550, will lead to a continuing upward trend, target prices at 0.8561 and 0.8567.
Technical Commentary:
RSI indicator is above the neutral zone of 50. MACD indicator is bullish and above its signal line. Additionally, price is below its 50-day moving average (0.8541) but above its 20-day moving average (0.8540).
![5](https://production-app-asset.traderknows.com/images/b7175712d21844d9a9b6aea71b32d10f.width-800.png?Expires=1728335556&Signature=C217gxZUub2sMZszhPzAzK-KtTYi8981aRWgBcCG2psF7fxSN9qjEYi38hVLvlj3tR53Puux7HyM82bGhmtyyq0GQ83l9Ae1m47jPKevWaosfFQ24IdkiWhmVA-S9yfvpj8c3fu-mdAXZGrLuzrXboJGcNbtSVgmXT4UOH4CD-0uWxpj2XIjL77LT7ETyw9JRjTpiEC7ZxiUyotDkRKDeoWXL-otbelzjs4Nu1sOcmu1Scr~x5tnrIqjN1immYvSLtlo1OLsJrxGlbfxOnLb1In3PPgPhwjZN4P1l5zZfs3I3IS2rHDqjzOMuAwW67VZSMnAgwNj9lQqvpMDd53VRA__&Key-Pair-Id=K3LHBTUA5A7KEY)
USD/CHF Today: A new round of upward movement.
Pivot Point:
0.9175
Trading Strategy:
Above 0.9175, bullish, target prices at 0.9230, then 0.9250.
Alternative Strategy:
Below 0.9175, bearish, target prices at 0.9160, then 0.9140.
Technical Commentary:
RSI indicator shows a further upward trend.
![6](https://production-app-asset.traderknows.com/images/91a52b4486494c7b91b1589c626710b0.width-800.png?Expires=1728335556&Signature=UquKjT8FXvzAxrHpGIRaFEnAmul3rmrPGXQdVykx0x0rjRWULXv3xcwHffpawlfc~zL5zuapRRrBk1BHHBJ-Uz7KC4zfn43yMmFRn2~i9H9TSwodaMq7ojCqyH053R7ZIJcOELGpM3EfIIL3PeFmg-jZundJihoBLjLIB2EM2bRPqQ29Uf3nPeo1ixLNfatXcrWkedQTZaPk5wlK-uv6w3FgFjVsFHPMS86oQjyJZNItsFsoX4y8Jyv~DI-Uuhxkc7Q8TqgFfbC6N7INu5KsHfILfSpQSCFEqTdur5O8UgZZvVfzfXDcPh45w0BWIeGd9xYNxRA1Hrhd6HQ9QmqwRQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
Germany DAX Index Futures (Eurex) (M4) Today: Short-term adjustment.
Pivot Point:
18280.00
Trading Strategy:
Below 18280.00, bearish, target prices at 18155.00, then 18120.00.
Alternative Strategy:
Above 18280.00, bullish, target prices at 18340.00, then 18380.00.
Technical Commentary:
RSI indicator is below the 50% neutral zone.
![7](https://production-app-asset.traderknows.com/images/9abc95e568554738b2da5581a49dbbc3.width-800.png?Expires=1728335556&Signature=bcNSYw2-OKYmaU84OY3F1RAlzewVc7XLJo26-XmXFjkpvSCMZPlhz1L5YCxauCDjoYhZwLJr2DsTbQvAh3hMgQ-aCSrWhXzhqp7R7Q-0I2ev0y9egRFvz5j9Dsvzp4-DAb8SO5Qy381gTlQ4dGfxW~zLCoIm9qNtTKhRNq5u9wWyPqLqWF92Rv5yWUykuRyBwSkMwekNdDFVveuJNcXLXZ418T8fCJKpajN~GQzSH9L~v5ycsq66-lRoHmkp~0073Tlcm5Ok01mBYZ4Sd2nobNT2jDqTf0tcPXqGxy0HjHeVhRXl1rKOpjy1VEztShOqzBIxWH69Ucrd9vzbq2M4qg__&Key-Pair-Id=K3LHBTUA5A7KEY)
Brent Crude (ICE) (N4) Today: Downtrend.
Pivot Point:
86.55
Trading Strategy:
Below 86.55, bearish, target prices at 85.10, then 84.50.
Alternative Strategy:
Above 86.55, bullish, target prices at 87.20, then 87.65.
Technical Commentary:
RSI indicator shows a new downward trend.
![8](https://production-app-asset.traderknows.com/images/c28f1bb61dd64c41b5472c6dccb3a647.width-800.png?Expires=1728335556&Signature=YbOmT~AFCSbotpAFNwaHn2RA1jwV~OFsh7nttCOQfTKRG1MnKuNukrGPt3Q0xWFRmsGr~dNZPW-Z62-d89BBFpMMMmALxZWPODAXYYZnn~ekhheQFJLPvUp1nfz49RHTCVf4lCsKVECzLYY2vMzF9jgrU9GOTjsP7scLI43EBSkTMxH1Te8FMy3hGVy4WMFKcUgFHroh-iqDq4pv8JYBPLB9eE2tg~O2Y7l6zD3ZDZseptBwG89GHYRcUjGzefOdigmrqMrebPY7zLI8x--WxQKjZ9NrhsarnSeACHplkU7UDPbZaKLzoFeTNpgdrKoUzHu8PhxNCHH8p9DkUQe9vA__&Key-Pair-Id=K3LHBTUA5A7KEY)
UK FTSE 100 Index Futures Today: Short-term (intraday) support near 8147.00.
Pivot Point:
8147.00
Trading Strategy:
Above 8147.00, bullish, target prices at 8210.00, then 8231.00.
Alternative Strategy:
Below 8147.00, bearish, target prices at 8121.00, then 8094.00.
Technical Commentary:
RSI indicator shows a complex trend with an inclination towards rising.
![9](https://production-app-asset.traderknows.com/images/9924edc7b3634d9491246426eea125e7.width-800.png?Expires=1728335556&Signature=Q5vIRFhTEAfhlTVBZvSTWv8qSMFGnlzD7FVfkK0WRocrZXZrI-dMf8xklcHhbBy7N1Kcdc2u2UeOs-WSABXRYpgIjQRTFhzVq6tNiU3BThmAwdTOGqd1g~mHquYSCvXlDerzLAdorZVB7TUil9xWsMa6tMdDjTWTUfQ0WNJaA~J~dulfQlYUUyWUM4Rjn7x4aitqi6l-HHQqbaho8BI3nmlFjRAT1cHQd7t8fnEcUmpPq2iXScWXSGL4OLmaP4ORvQbQ6Pm1N6gx-Hm9iKObNpJRerv3~-GYybCZ8nzAxwadsg~hSdsxygAsbSlxrokdBPWIXsahozCTiMsrQTMqzw__&Key-Pair-Id=K3LHBTUA5A7KEY)