Check the market insights from the Global Research Department of the Trading Centre today. Explore new trading methods and opportunities from popular trading products.
EUR/USD Spot Gold GBP/USD EUR/JPY EUR/GBP USD/CHF German DAX Index Futures (Eurex) Brent Crude Oil (ICE) UK FTSE 100 Index Futures
Friendly reminder: Due to market fluctuations, prices may have crossed key levels, making strategies ineffective.
EUR/USD Intraday: Short-term key resistance at 1.0870.
Pivot point:
1.0870
Trading strategy:
Bearish below 1.0870 with targets at 1.0845 and 1.0835.
Alternative strategy:
Bullish above 1.0870 with targets at 1.0885 and 1.0900.
Technical commentary:
As long as the resistance at 1.0870 holds, the price trend remains bearish.
![b2a74427ad5d4a089ce60f1d696169ee395](https://production-app-asset.traderknows.com/images/78b2b16b1eee4cc784191ca8d78042b9.width-800.png?Expires=1728298445&Signature=MIlDHc0gF1eap4nSzuoW0-RUPDqlskiJSBH~2to~2S5HLNGLuf0WufJCmnziuivjK1Oz8m26wJCInuhoiW~wtaxslDBDmchn20ZeWcRKac1kmaNQKBtQHy8Lj~iLEjfj0YlbTl308YghRs3AEx~6fuEJmsVffgEOiG6yQn8Vb9yUQLQ-WPD2teWs4XbrWRKNxOgS6VSdVsn6BDc68wZJ2NqEN5A9saj0HzKzgzfgcwaohfmnYS9r3IzpjiCRAMEmV4tLQ0zJIxCAGbVRmyB79Y7wPUz4BSSva6FodLAdi55mnJRhZS90n2HDeapjPchiRLOmhkSeQ1Q1BcoP9qDPIg__&Key-Pair-Id=K3LHBTUA5A7KEY)
Spot Gold Intraday: Downward trend.
Pivot point:
2432.00
Trading strategy:
Bearish below 2432.00 with targets at 2395.00 and 2381.00.
Alternative strategy:
Bullish above 2432.00 with targets at 2450.00 and 2460.00.
Technical commentary:
The RSI technical indicator is moving downwards.
![b2a74427ad5d4a089ce60f1d696169ee569](https://production-app-asset.traderknows.com/images/7cb6e54ad3a24e2fb8aea2723064d419.width-800.png?Expires=1728298445&Signature=NHceWMRQjqmz2WVQNW~sEX~akrPyIGxY3t3qt6MPGqHBaKAirKCwL6sYYB9dxq516YGxOfxG4VQ6DR01I1xkBXCY6Zqg1QA6lWX5CXI7BXWA8ugqNDHXjGLWss6xB2alBJ1it9qjTK84UZd5dxXgFT-Kgx4jdYsmtdCKmEDraU6RWtX-V8Hq9~deWiPPz5O6RPAhfxWKErLD7B0ggr4PvtaszW65LatuB3CKTgC-S-YBlBrUkcCQyEcQ3UeSXmAPwyI1sSCb7rXZ2GT6oYNz6SvzPRpQ2LUzaUlbVQtGL4-64VhDykW~FXN5vfS70L2I6GfmfpxPcB-~~f3PKTTFcg__&Key-Pair-Id=K3LHBTUA5A7KEY)
GBP/USD Intraday: Bullish.
Pivot point:
1.2690
Trading strategy:
Bullish above 1.2690 with targets at 1.2725 and 1.2740.
Alternative strategy:
Bearish below 1.2690 with targets at 1.2675 and 1.2660.
Technical commentary:
The RSI technical indicator is moving upwards.
![b2a74427ad5d4a089ce60f1d696169ee729](https://production-app-asset.traderknows.com/images/288ad3b6867d4b398a7493c3d9ec4a9b.width-800.png?Expires=1728298445&Signature=Xwqgiwiw68und2vABNLm~7PSzalptslCLVa7eFE2~kz9oMHMtg9bfwnrZwVC5euo9ZBphQNnqmrgGJ4rPDpGPaeEuKmBfo05lNby21XxAIiLfUmU0Z1rQVo6ZiUVQ-R3VrfwOoVN3kJ13Z1hQTDd0e1ph-DHsrq03yLb0CGKV-a1rtuxk4lZi7hOkIhUjinADoCx5vjXUJHWZT5QgkclQcXuu9-SGo~iAQXJSuxS~anTNPOF-557u2AkRGVnlIiUNqlRX1Kj8a9vdI-Lh3m8TUlBAZZwWbr-yIiy3FM~jslQRlDuc3pqhdGt9bcVXakE3u~llZSm4U4MG9eNr5hwCg__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/JPY Intraday: Bullish with support at 169.32, targeting 171.08.
Pivot point:
169.32
Trading strategy:
Bullish with support at 169.32, targeting 171.08.
Alternative strategy:
A break below 169.32 would bring a continued downtrend towards 168.67 and 168.28.
Technical commentary:
The RSI technical indicator is above 50. The MACD technical indicator is below its signal line, indicating a bullish outlook. Additionally, the price is above its 20-day and 50-day moving averages (currently at 169.78 and 169.58).
![b2a74427ad5d4a089ce60f1d696169ee985](https://production-app-asset.traderknows.com/images/589c1c6f94d349fd938ae4ed6f164334.width-800.png?Expires=1728298445&Signature=SVUksbQpBe8~tpCergYi0VdZ38TrZZILLTmd3sV4F~z52Z-pmmByKFW8SJ6NsBV4aOf71qO~G7l6WIjePvXadDYrMltKlubd8rtWS5TJBb993RLe4mmcH3mh3PIfcCEcZbULQM2p~aU0N8JxazPTcVYwFe843eJFtmWVRepJFziqU4BEeXM8hqenJq3XcaEig5bQuNzm7IK5kQbJ-jL7soKhn~3R7fRp2Y~AWWNmOaUph6l-v13P1uugM764WMADZ5nw07aXinNlyPZf7Uqwngwd3KPxErOEjwOZjN9zrctr1cRHJSzU0S6OzjiVmUqsPiWCOqXZR0wWNqoRVROtbw__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/GBP Intraday: Potential for rise, targeting 0.8565.
Pivot point:
0.8533
Trading strategy:
Potential for rise, targeting 0.8565.
Alternative strategy:
A break below 0.8533 would bring a continued downtrend towards 0.8521 and 0.8514.
Technical commentary:
The RSI technical indicator is below the neutral 50 region. The MACD technical indicator shows a bearish state and is above its signal line. Additionally, the price is below its 20-day and 50-day moving averages (located at 0.8544 and 0.8550, respectively).
![b2a74427ad5d4a089ce60f1d696169ee1235](https://production-app-asset.traderknows.com/images/6962ff1648d248bd95b3e33a191458e9.width-800.png?Expires=1728298445&Signature=ien7y08RsKgbrUbUmhiCnC4ALsA2GyHITMbZ13HkHhGK7dOObooyPx-J~nhwQCJyNX8orjwfj2yREfLZO5a3EkJIMPlpHJ3WGFOryfmZT3f9EQdP3uustruE-LPo9JBwhM99A-aTTwpWiNau0yHTRi5TTtF2FwWC6T12320WYSD2665Mv-T5TEZ1twn10wGx5IeOPoTR~1txARQxMsmZlkW5dZ2WkkOssz28q6I2n2oohFOD932rwZKqhp5Qne2qEUBT-HCRlrQaZ8ggEyYqGf7ix2j0sIaFGbm9iNgNKCqpMAofL5sVbSvIBHeRcmwjtvMuWPsbHIQTunrhWuXdBA__&Key-Pair-Id=K3LHBTUA5A7KEY)
USD/CHF Intraday: Upward trend.
Pivot point:
0.9090
Trading strategy:
Bullish above 0.9090 with targets at 0.9115 and 0.9130.
Alternative strategy:
Bearish below 0.9090 with targets at 0.9075 and 0.9060.
Technical commentary:
The RSI technical indicator is moving upwards.
![b2a74427ad5d4a089ce60f1d696169ee1402](https://production-app-asset.traderknows.com/images/150d454eec294b709f03d3443af5cc49.width-800.png?Expires=1728298445&Signature=PMDlNY~cpGaVYiWWy9ZgyG9jA6hY5h4zI4j7c-9H60jly6PX71wWXOSCingE~-pzLjw3CyJp24oivmKmNcupigcsJU6YsNQRmhdeVfG5ryHjhoWUF-iFhrsEX709Ro7RFpewS0TrIHWTIRlcH9~JYKh~Wtc0mP1Kz92H8tjF3-Yp4KLREUTlHZmwjUaZ6hM4rKGheskmptWT7ABIkrT8HDGrc-QfaM~pRSv8KAW04udW6vK~e~KZTol0PIML4xDlYLJD03iacQvdTA~h3I7Atb9795fLgyVCpHsgQvhqH6pIoaBODRwhGTT3pbu6qNzuCthUdMrp6J8w83lnne1vyA__&Key-Pair-Id=K3LHBTUA5A7KEY)
German DAX Index Futures (Eurex) Intraday: Short-term key resistance at 18887.00.
Pivot point:
18887.00
Trading strategy:
Bearish below 18887.00 with targets at 18748.00 and 18706.00.
Alternative strategy:
Bullish above 18887.00 with targets at 18965.00 and 19018.00.
Technical commentary:
As long as the resistance at 18887.00 holds, the price trend remains bearish.
![b2a74427ad5d4a089ce60f1d696169ee1630](https://production-app-asset.traderknows.com/images/b7ebd4c7d8934e6e8ed0ce532849ccba.width-800.png?Expires=1728298445&Signature=qDGUR7XIPIj-PTvgfgWgc-p8sFQimxWptqoiNd~zVLkwSU9iUMy1NjIxX9BZCwQLEoOF6Td2ZkE4MHZU8vSCv87Eh7koPjf7lBkynabYBE4uIIcxoykx6daIYtxbbn2h-XHraiBkOuiFMAgRrEhZoFzkb6BlIRm7iBO5764Ly-~CKuhq8UiWVIlrBbAEh9yMmJZn8ArFRsgILfHM6ryyyhKk~tnA03z8O23sSJ8oKc~3G7IRQNhc7hlcnjmqZbAh79xCnTiZm4V4vksVescqxn4CuzbloC5hIkd601ZK1bi~-Mg8hEZXeex6LpLufY4tX79XlSwIbfC~8W4u5Hq0Jg__&Key-Pair-Id=K3LHBTUA5A7KEY)
Brent Crude Oil (ICE) Intraday: Under pressure.
Pivot point:
83.75
Trading strategy:
Bearish below 83.75 with targets at 83.00 and 82.40.
Alternative strategy:
Bullish above 83.75 with targets at 84.20 and 84.50.
Technical commentary:
The RSI technical indicator is showing a new downward trend.
![b2a74427ad5d4a089ce60f1d696169ee1807](https://production-app-asset.traderknows.com/images/c174f5e9017a426ba81f9c0e99a5a476.width-800.png?Expires=1728298445&Signature=IGo4sHC~6Z8u0zw8265sI2zj9hakFXLp-NmjJYCAlclFW37th9KDjvSu4anHwCdp3JyHkUfVO~3uXVR9orYGAARP0NYI6sVCCDE1TvUjmZvTzesaF0nNveLqEWup-kKVpqoYsfObE-LMQvjLtBmj-vHW~eZEUBdM3mQqwxFlVhw22XHlhkGDnaFhn5ctEfgsmy66vbRVfFNUrWBx3Z6elym4l4KApUkbraL1cNq90IPxsNNqtvMVFSgJ838RhFE8WgybqFiJFfVeOHxgWkr5b41I4p~dssSH4UUjAENY8Es4Qk4YAS23ibhHEWDz2pLA~ANmIQS7BnNZVLJm7mCQuw__&Key-Pair-Id=K3LHBTUA5A7KEY)
UK FTSE 100 Index Futures Intraday: Under pressure.
Pivot point:
8446.00
Trading strategy:
Bearish below 8446.00 with targets at 8368.00 and 8340.00.
Alternative strategy:
Bullish above 8446.00 with targets at 8471.00 and 8489.00.
Technical commentary:
The RSI technical indicator has dropped below 30.
![b2a74427ad5d4a089ce60f1d696169ee1983](https://production-app-asset.traderknows.com/images/ff81ce3270844fea9650cea0bebc0636.width-800.png?Expires=1728298445&Signature=O-lu88HZKo4TpxTdTb5zYre-kGBJwqkGfY8pYy177Uist8faqL4MqoHI94O2nKxk4Wd~VBCemZgCPW6auSlzkVywgOUEHLrK~094MkQD-m7QGvfz-Ao9a9YbKd1VhHP39gQx1Ad8U~tplrqG7gZ910suQQE7UpRX-m5FIy4adGrJSwqoIz1FtqqSJ9TBNj0brJyIcHs0FXZy6Dv1wadZET8rNC2PdKebnJ1rc74yPJOgOirZHxEdSviqi3w7pMcRyKj9B3bjFKuH8qw~Ce9r2I5dKNQcUzTvSIK7WwzM2j8YEDozlggmZ-WmDfT8Gk-IW1QeN7rl59iB22jFzUbaIg__&Key-Pair-Id=K3LHBTUA5A7KEY)