Check out today's market insights from the Global Research Department at the Trading Center. Explore new trading methods and opportunities among popular trading products.
EUR/USD Spot Gold GBP/USD 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 levels, rendering strategies ineffective.
EUR/USD Intraday: Aiming for 1.0760.
Pivot Point:
1.0790
Trading Strategy:
Below 1.0790, bearish with target levels at 1.0760, then 1.0745.
Alternative Strategy:
Above 1.0790, bullish with target levels at 1.0805, then 1.0820.
Technical Commentary:
A break below 1.0760 could trigger a fall to 1.0745.
![632bfc6b797741b695cd372e8107158a382](https://production-app-asset.traderknows.com/images/af8601418e84432c97adf609ecdea163.width-800.png?Expires=1728328463&Signature=IFO-LDnhtvvOrxkaYhYosBPHhoF0GdXfPt3euSXd5gAy3oIZUPuE7sdXJVHH2FjHW0eX7apBBy3sMt9lIIuhBTNgvFGQUhHqvQlKxUhpbu4gbL-LiOvCWEJ7kKvyFfERq1eiOGxEeIeo6LE8T-ijwHo~abpCAh1V4i2Te1X6xfBB-BlMbkJiRGviAihMR~yF60rqFyBxzUmNZGqJmkgVcdlu7EsHeltz~UfR7Z-EjFxtqKpNrWJndzK4N4NT83PfZ2hHwZKt2rbEKQci3mDrvgRc-nPhv6ShXkF0QraRilTanFQPfIukhKUC-9MzB-BVcts-~7-bwxVfQ3grmYev1w__&Key-Pair-Id=K3LHBTUA5A7KEY)
Spot Gold Intraday: Downtrend.
Pivot Point:
2371.00
Trading Strategy:
Below 2371.00, bearish with target levels at 2347.00, then 2339.00.
Alternative Strategy:
Above 2371.00, bullish with target levels at 2378.00, then 2384.00.
Technical Commentary:
RSI indicator is bearish, indicating further downside potential.
![632bfc6b797741b695cd372e8107158a561](https://production-app-asset.traderknows.com/images/83e0c1a08f344cf3a7c28a35734665d1.width-800.png?Expires=1728328463&Signature=dUBNxVL1RJo-N9Z44y-MzGlfa1H5~cmE7eWjpi6Cug2Bd4Njr4Lpr5f4X9FtcBPnrtpJKjQe3A3~dQLVPBWotCGk7-X5DMJGorJ-BjXUjJfUV4q9f9bAbJuCKUpR50Xdr4wgLJ023Fpt7hxUDBgPrFLLBUGdlqgajqu5YWXJ2hWG6wzmb-6y0JzuKHfUiXyQbxQ~QAqwIRSghZ8CUhAG1pNS-6OUvKshvkbHBTzbq8fsXfRuCNKx8Ogt3TXj8dftpxeTXRdJV6shWn3LgsH-Cb6ZlhLCaHcuGehw34RolPCeR7y7CQ992~n6TqisTvTYsXSOfDSM8P7UQ8Vf-y2jpA__&Key-Pair-Id=K3LHBTUA5A7KEY)
GBP/USD Intraday: Short-term key resistance at 1.2540.
Pivot Point:
1.2540
Trading Strategy:
Below 1.2540, bearish with target levels at 1.2500, then 1.2480.
Alternative Strategy:
Above 1.2540, bullish with target levels at 1.2560, then 1.2580.
Technical Commentary:
The upside may be capped by resistance at 1.2540.
![632bfc6b797741b695cd372e8107158a746](https://production-app-asset.traderknows.com/images/6d391d14923c447b8d1704741df02174.width-800.png?Expires=1728328463&Signature=NI9pCKmkebtWu65cCgq2uQu~P28APaLfCBPgt9xGSiLx5qlWLCZhJ-yQTDKYvHk8zVVPnEPKhZJ-5HJrD8ixlV5XxPClBIrKMKh1nSgDji2jx0fP2X5ISOZh4kPKszJ65~QPKC2k2u2B-It9EtQorcdlDq7VbPrsalkq802SZ~1uRfmu3A6uwZYbymp8jYbWP6pu7-UWsgizANBmMHNp4eCpV7G8iQ1X6OiBw9Pk6u4T87EkXUnLTvxF0FOn1cM90h6LybBcm1RUzD7mNzVGXFYU~4Ck4wYJxQ7U-kmqENK2VVcQ354m2AUmi2jpuHKCA28MCh0hshASMgikhgxJ2Q__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/JPY Intraday: Bearish, below 168.27.
Pivot Point: 168.27.
Trading Strategy:
Bearish, below 168.27.
Alternative Strategy:
If it breaks above 168.27, EUR/JPY targets 168.91 and then 169.29.
Technical Commentary:
The RSI is below the 50 neutral zone. The MACD is bearish and below its signal line. Moreover, the price is below its 20-day and 50-day moving averages (both located at 167.82).
![632bfc6b797741b695cd372e8107158a980](https://production-app-asset.traderknows.com/images/1257f38259774060937a49aa97f976c2.width-800.png?Expires=1728328463&Signature=zRVsxhWWwkN~85TcCrIIXXn-yNdOgGowEjSV0GOtcNTPRE7GOd202Aw1CJ9QXoRC9lZu6dGY~eOmdofLPbA3cejgC1qKjA8kCe4iWKz3ci3MGo7g-FtkRciVZjBGAa5DtAz~ArznqX-~Xsapn0WXpq-QtvKmLuaaClCvgLP4mPLStvyI2Lov9cekpqlZsPbB-HprPCmJ4vSR6MtY0p8Pxd7DOZV1vxY8y~V0jerUVFdP2H9T4jBCx09eQZZEgM3~fY~tAisqHevoYSmRRvx1VWAOZ~a-DXSzNpCqT3cLFSTINmiTdlMg5H0adGK9ziJqAcPUuiP7qoKsb89cJ~01JQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/GBP Intraday: Possibly bullish with a target at 0.8624.
Pivot Point set at:
0.8587
Trading Strategy:
Possibly bullish with a target at 0.8624.
Alternative Strategy:
A break below 0.8587 could lead to a downward trend, with targets at 0.8576 and then 0.8569.
Technical Commentary:
The RSI is below the 50 neutral zone. The MACD is bearish and above its signal line. Additionally, the price is below its 20-day and 50-day moving averages (located at 0.8600 and 0.8603 respectively).
![632bfc6b797741b695cd372e8107158a1227](https://production-app-asset.traderknows.com/images/848710691178462cb3ef928bdd5b0248.width-800.png?Expires=1728328464&Signature=dTjZaiQEYk1u1xdM4RV1k0eJ3hA1K5kOWhyk7iG-ziPW5zLSUNL0Bl8UzoJHSLxRMqSXoLmOpkZQH0nBDnQuYg2~q4I63Sov3AyBI0ZOUICJNgg6RROGeYP0OP-RA9slMNeEBOoxryzUguYR-9r1IkoqqPREFz91~uRLfx0mF1vSTrlV2gyQyCOUZVZNKS0-gRDRwhDPMsGqiQFE-nOTyQvBM7UVtIqpA9QyK5Ub-SB8QzNc66-643nN3nQ2rJwzbwLuq8YDFQmQ7-MhVJh0ArRotLwCHTje5j6vnlRHYqHL4Boe~q8gK3X-66iySVbdbl0JyuLXQZ05U3g0K7hm9g__&Key-Pair-Id=K3LHBTUA5A7KEY)
USD/CHF Intraday: No significant change in trend.
Pivot Point:
0.9080
Trading Strategy:
Below 0.9080, bearish with target levels at 0.9050, then 0.9035.
Alternative Strategy:
Above 0.9080, bullish with target levels at 0.9095, then 0.9110.
Technical Commentary:
As long as the resistance at 0.9080 persists, there's a bearish trend in price fluctuations.
![632bfc6b797741b695cd372e8107158a1411](https://production-app-asset.traderknows.com/images/200a85ae5191487aa13117eed5da7b21.width-800.png?Expires=1728328464&Signature=DplTSnjwfJ55mGiMBVhDED0Tl-cdw8mQSohV97PSJEgqR-Vs8O2SyauphbUmN7LzpddPWxGy9d6cZXD38hUCa25yALrTgc0-t5K2fMskhHYEi3B8YwNpV1y4YJEOoQQughwQ0OK6M-XwJ3o2Czpi8hEBIwCiSG6NOdGOnktFIF2e1ZTtROkCzo6dSMy9S8i3MNioQheRaG5aNH96~fMPRzobB3x2dVjWLRC6l0pAkbE3ZyQy1tG2r1sPP~Iyt75~PprseWbRcXgsSbe3I-YldGpCYIN3U91ecAhylJ08KVxEyNLZxBI4Ybw0bQVgwJq0X2JLfaMftobQgoH-PBmC5Q__&Key-Pair-Id=K3LHBTUA5A7KEY)
Germany DAX Index Futures (Eurex) (M4): Intraday: Bullish.
Pivot Point:
18830.00
Trading Strategy:
Above 18830.00, bullish with target levels at 18965.00, then 19038.00.
Alternative Strategy:
Below 18830.00, bearish with target levels at 18760.00, then 18690.00.
Technical Commentary:
Investors should remain cautious as these support or resistance levels may trigger profit-taking.
![632bfc6b797741b695cd372e8107158a1626](https://production-app-asset.traderknows.com/images/cdf0165843744278921df72d317fab1e.width-800.png?Expires=1728328464&Signature=CHjAPRtBaZM-X~WjUnIMCNAOcIVTaaJChnIxQuSYxFtah7hvmPGYxye~fQSzUrA9rYuB~HMT671FxJlMYM72JGPsyGRONnHIQVld0COfycvYtY3kT69T96KZEep2OWzdlo4wEl9yVVtHFIsPomggJ5NgWB2HgpJcSQyNGrc8LlGvvad-SmlM421JysjtCGG2YM-83JCPNHorxW4jO~Ia~imH~qxj2rY3l-OEg9kbe--me4MW3TLYlOhoRv~FUviT65xsL7Eo0dnvgHkhsBpxGY5S7Z5hFirHrmKiIqRpntTP5YWTG42VSd3T8YwjhkFdIZo5kLzzZveZMKdWaD3Jsg__&Key-Pair-Id=K3LHBTUA5A7KEY)
Brent Crude (ICE) (N4): Intraday: Under Pressure.
Pivot Point:
83.05
Trading Strategy:
Below 83.05, bearish with target levels at 82.10, then 81.70.
Alternative Strategy:
Above 83.05, bullish with target levels at 83.50, then 84.00.
Technical Commentary:
The RSI indicator is moving downwards.
![632bfc6b797741b695cd372e8107158a1797](https://production-app-asset.traderknows.com/images/c68be7e73c894373a88f25125c10dd30.width-800.png?Expires=1728328464&Signature=ndzd33L6Jc6MggI17ji-khCrm-tiq1qzQ6jomnBnnO70OZgNS3kwdRB8sv1xExnBsipiNemoqi9hMtUGcWVC5JDPRMMhU~2qTxnfpRawFNhXU8fOwytI7Fq4NPEA7MflllBuxqUVyjsXcVv9-SOQY3T0E9nA4l2NTZ~LDyuZYogkgYxDhOR-vQa13z1ASkfK5GUV9FSHMnfQ3CynB8PFXy1Z0-KQvPwNgYFm7kLYeWsLN7mj97G3OSlRGTZMHfs86WePLa-BZiaclT9AVirseh96hnuQwt5D8854yVdG~RItYlZgwbN-6wvVnhtdFPtaBn5ZHxUxhoOBaZ~GNwOdNw__&Key-Pair-Id=K3LHBTUA5A7KEY)
UK FTSE 100 Index Futures Intraday: Bullish above 8400.00.
Pivot Point:
8400.00
Trading Strategy:
Above 8400.00, bullish with target levels at 8455.00, then 8470.00.
Alternative Strategy:
Below 8400.00, bearish with target levels at 8364.00, then 8323.00.
Technical Commentary:
Investors should remain cautious as these support or resistance levels may trigger profit-taking.
![632bfc6b797741b695cd372e8107158a1996](https://production-app-asset.traderknows.com/images/bab09772d26c4d31b4dcdff1edfdeb13.width-800.png?Expires=1728328464&Signature=d1qXMAWPcHcQ7OyufoUMnLZkGzwqUfcsg1blKrvj0HRQwJn4ljIDMgvKhaoNzpaoLC1xqpx5NIbuaKHl8LqYs-EIJNeVEeyFRQDG4aBdaSnGsY9tL4YETwHEvGTdCLoLi-uhojC0hOLglvsR3Q89AMG~8U2w~C0Bow2-j0GCFi0NW0fntQFlgkc5c8p3MbeB1QLf9dYxXAzAKD-xCHP2sjUveF1fiGNeV3hU5ClLiqD1UYxolzf7-MM0afDiPitni6Kg6Dh-~1JoutLgQ5ZEr-tVQ0DtJUYoWd4MSyAofz6FX9NVtOMhggLXlrHwzdfSgCDQYs0ZcKexAG0QPPKEHQ__&Key-Pair-Id=K3LHBTUA5A7KEY)