Check out today's market perspectives from the global research department at the Trading Center. 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
Gentle reminder: Due to market fluctuations, prices may have passed key points, rendering strategies ineffective.
Spot Gold Intraday: Target at 2346.00.
Pivot Point:
2307.00
Trading Strategy:
Above 2307.00, bullish, with target levels at 2336.00 and then 2346.00.
Alternative Strategy:
Below 2307.00, bearish, with target levels at 2295.00 and then 2282.00.
Technical Commentary:
The RSI indicator shows a complicated trend leaning towards a rise.
![1](https://production-app-asset.traderknows.com/images/1a22d07eb07a44beb74d65c68d9486d7.width-800.png?Expires=1728330121&Signature=tx3UFFxH6qZwuJ7ZPN74pehztNa5qlOYUtFmR2bLwurfreGspMfuxVEHf02SmdVkXfpmVn8mNLvnsPniEDDZ27AHD5YlE45KSJr~Mn8OxDVUGoweLk4u91iAlpY4f3yBcz5rpGtzoIEPIRnIF0QPxflh1qu-paBBB0S-xg1h1cqVkzvArwu1NyktAfkdmo28nMkm2suBmqDqk0zWrV~Cgu72VX8iaA8oertC9KOkMu7jvKJ8KrBcoY8nrVKdxkwUVUViCqbuWQvBrql72WXspZGZnPfzq2oEEofAJ7Uh2tVVqfRc9Ht6SmQUgiZ6~QwVNSfSI7ZuLkkxD~WwTzXEgQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
GBP/USD Intraday: Bullish above 1.2500.
Pivot Point:
1.2500
Trading Strategy:
Above 1.2500, bullish, with target levels at 1.2550 and then 1.2570.
Alternative Strategy:
Below 1.2500, bearish, with target levels at 1.2480 and then 1.2465.
Technical Commentary:
The RSI indicator shows a complicated trend leaning towards a rise.
![2](https://production-app-asset.traderknows.com/images/2972ecfd8c1241b3b7c2ec13936db431.width-800.png?Expires=1728330121&Signature=RW536YCf~qBvJqURPnOVn01sJHzFlJwEbKB1uKQvR4rNx~qaVzTlgXh7xFvneWhXfNXEMfdTYpMTjJffTleezPXprnO~wsu-xQVQ5ZgLe0LytYqpw5QwaiQPm-65RQ~NbhG5jpUrTrd41fAnbWUdh3jOcuOcf2RCqCGVNx1k-VNSo6zEwspHroBdb6WH30iQhfv-z4VVBuxPj2Nry3SvW2KmEV6je17~RC6jSFA7ZeGKONxDnW18mT4nfjmxF6m2MSy1COO~oOvgN0X9DezoH96kvYJQl0ualxC10YkimSFCJKlI--~1ygqoo2R1vL0sCkzqF68jtHxHtyqFBKml6g__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/USD Intraday: Uptrend.
Pivot Point:
1.0685
Trading Strategy:
Above 1.0685, bullish, with target levels at 1.0730 and then 1.0750.
Alternative Strategy:
Below 1.0685, bearish, with target levels at 1.0665 and then 1.0650.
Technical Commentary:
The RSI indicator shows a complicated trend leaning towards a rise.
![3](https://production-app-asset.traderknows.com/images/6316970c20ff4e559724726fdfd6a283.width-800.png?Expires=1728330121&Signature=lzceQMWZysFVPpHpYKru0oFHHzm~RVoRDdZEUDdSBPbJKojLu7tRVei9BE3YjbOVwSFVUMbcbqiW2elQapsCPM9oQV5eUCEGkTQM4dv9nCAG1KfY~cZTuJhnrs9R8DfIevNrMbI9h3YQqs2Z6X81PEvOTXEmyWu37pIajlgeqVGj~VpBvyUBU4cgZx8cjrNUic~dg2gTIgCPP6rfeKedGWuMF9OMx0aE1~dlKbfI3NPVNNOuGz9p-MzUn1PWgPbup5-CmLgtF95qwc6k2ytO7QKpGzl7hjp3aJncndfgQ1oLwjfR4jxIFNEX90k3XVmr~0OoWiieQ8sa0RdLoglo~A__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/JPY Intraday: Possibility of a rise, with a target at 167.93.
Pivot at 166.65.
Trading Strategy:
Possibility of a rise, with a target at 167.93.
Alternative Strategy:
If it falls below 166.65, target levels for EUR/JPY set at 166.23 and 165.98.
Technical Commentary:
The RSI indicator is below the neutral 50 zone. MACD is bearish and above its signal line. Additionally, the price is below its 50-day moving average (167.86) but above its 20-day moving average (167.08).
![4](https://production-app-asset.traderknows.com/images/2a231744394540f99d975e1d53176d1c.width-800.png?Expires=1728330121&Signature=yOka62uAVvket5E4ZZLNU88ftWg1BFjWq8lprOuw-p4758GmM9qOEK6hDTGcRQqxIfRkg64NJ6Lj-Ok7RmN2UdEz~szgR-EZdSGjzO3q1Mql1in47h2XFTdI~LQPamL0gTRRZFAmEYrW-gR0ICEvtVrC1-72RyBXTOB8LHnRRck5DckQkUyU2KW9l9DlsnmWpdRK2ripjW5ErwTrxQPMPYLMjnoXIf9jBnD9EGlUW-oHPvABXj4-3NpU4zm1NAyOZB8UngHEjdTG4ExNILKzCYFTmj1uSYS1A~1Njj-3hrn3r7AND8mLmbTDZtNQuDsM0BC~WowcM3BW-qUQb39b~w__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/GBP Intraday: Gradual decline, with a target at 0.8528 if 0.8559 blocks upward movement.
Pivot Point set at:
0.8559
Trading Strategy:
Gradual decline, with a target at 0.8528 if 0.8559 blocks upward movement.
Alternative Strategy:
If it breaks above 0.8559, target levels for EUR/GBP at 0.8570 and 0.8576.
Technical Commentary:
The RSI indicator is below 50. MACD is bullish and below its signal line. Additionally, the price is below its 20-day moving average (0.8550) but above its 50-day moving average (0.8548).
![5](https://production-app-asset.traderknows.com/images/40b67217fdbb42618f19b1a3fcd2b2bf.width-800.png?Expires=1728330121&Signature=bPrnQd18BIIyaeVKqFLRj5aeUL1-IDOG89sG6XO1zgbkPsXOAzNJlUe~BsJLYrHf8~dkfGMNqAGio9aGrivv51lPQ5BwqI7yW-NgselZ3neU-d6uzOTv82ZC-tqA-QA0d-69I9L5qjeWS8~gJNMKeBP6L-GJbZ539TGAo1Mz4KfjRiAXwCe6UltDPHT8DwXjS3wkFnt1r9nHK1JhaWKJ6vORBEsEUp93assmEWGAeqVzJgRR0Y69RRDmXhjy7bBpMvrL1iLuvNB73B~01XuN9zJ-sIEf~6ePDR3azu1jChEUhmTQy4rCUMO58Avt79Ayz0a1fVm~3KVqm-joGjk3mQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
USD/CHF Intraday: Key short-term resistance at 0.9190.
Pivot Point:
0.9190
Trading Strategy:
Below 0.9190, bearish, with target levels at 0.9145 and then 0.9125.
Alternative Strategy:
Above 0.9190, bullish, with target levels at 0.9210 and then 0.9225.
Technical Commentary:
As long as the 0.9190 resistance is not broken, the risk of a decline to 0.9145 is significant.
![6](https://production-app-asset.traderknows.com/images/646b95ee324b49d19383430b104ab33f.width-800.png?Expires=1728330121&Signature=CsJuWHgqPeK-7uL5E4Aniei06HD2coCubykgyBjRHsBZmMSIgYDfCACkTr6x-9zWDvt5ebp8nZfB~YI5cKFNjA3fcFIg1Gpg5YZwTGIINaUxRB6W6~jhZeGc10H7y1SO90hQ-jErXfRECyHzPDHOSMY6D9cuAQb8J79TQdQh6383IcnEHSEReAHfYF9Fk~6yydq4XzIpLNdXuGGDUg0VmHkMabMYvGM4BHhJhe0y3Q8u7pb3VIZIGnUPPdk6sxp03KrqKBnCWpHdpUf4crO4IwMI2V-VOP5~AjqAQLnXrIjFXPS60yNRviwr7d9irYfqYCaMFrm3qSVN37mrtiOR2g__&Key-Pair-Id=K3LHBTUA5A7KEY)
German DAX Index Futures (Eurex) (M4): Under pressure intraday.
Pivot Point:
18185.00
Trading Strategy:
Below 18185.00, bearish, with target levels at 18033.00 and then 17980.00.
Alternative Strategy:
Above 18185.00, bullish, with target levels at 18228.00 and then 18280.00.
Technical Commentary:
The RSI indicator has dropped below its 30 level.
![7](https://production-app-asset.traderknows.com/images/f83f90899f8d4bf18a38e1b8d8e79dcd.width-800.png?Expires=1728330121&Signature=gMvUb-SkHssJbES4JvwFs5ABj6H7SwiTxuPsGUYg0cAUFa-i8atjEGaI6stTGHVe3KNzPBLMU-ryft38YCgJofgjkyzxbyNmAEZIn-HKtAyO30Lmo1x0fFHrp-xQgLnMuAm9KhPmCkBjSAr~esjjNfXH55B98uFspavkCMeFiniVELsUyV6ZlMAdQq-v~JXA6rPE4fmdL~u2vy~m4ELtXJ0XPgVPiEMfow5XpWe0T1JxMdpzn0lv-5-kS6YVVgVKSZECa~gxPQRAF1oXXNspRgq6eGHz7gZ2edGfRnfZCwyBxmFndH3YIfDBtAX6pyw3-c~teCgm92WPTj4766Kptw__&Key-Pair-Id=K3LHBTUA5A7KEY)
Brent Crude Oil (ICE) (N4) Intraday: Key short-term resistance at 84.80.
Pivot Point:
84.80
Trading Strategy:
Below 84.80, bearish, with target levels at 83.30 and then 82.60.
Alternative Strategy:
Above 84.80, bullish, with target levels at 85.90 and then 86.85.
Technical Commentary:
As long as the 84.80 resistance is not broken, the risk of a decline to 83.30 is significant.
![8](https://production-app-asset.traderknows.com/images/e08286fc7e8c468eb9af940c3038dd48.width-800.png?Expires=1728330121&Signature=k4JO4xskZElSek8V2A3MnZ9YLE8qbXp2DDE82Cf4IH6vZudy6VJ7BWq0THLkRDnldFJsVCRKiTFEC~fIJ-CzeAQ8cD3UwZjrGyybaiVl8NDGCeB2XSvM9VAw8YwANm0THroaQYBYXQz6cV8Hb5GJhdJFjBa7tfEMNx0y~M4-pGHSsR5tj68NfgHP0Osot~mAVUBMqOBj9ftL8Rpg6VkGkAUSaNEVxVbdVSeYRvq-CYtc3edURWl9kIqOD0-Hsoqhp5eYB1zKlnDl5uqx0f-Hj0UipaGXee8aGgalRUHJp5XIvp8rRXhDvlWE-g-GK4CJ6ajjUBiC-n6K3pgVb6uKJw__&Key-Pair-Id=K3LHBTUA5A7KEY)
UK FTSE 100 Index Futures Intraday: Short-term adjustment.
Pivot Point:
8210.00
Trading Strategy:
Below 8210.00, bearish, with target levels at 8121.00 and then 8094.00.
Alternative Strategy:
Above 8210.00, bullish, with target levels at 8239.00 and then 8265.00.
Technical Commentary:
As long as the 8210.00 resistance exists, there's a bearish trend in price fluctuations.
![9](https://production-app-asset.traderknows.com/images/94d7353a2dcd40bc80231c33d5c16d21.width-800.png?Expires=1728330121&Signature=WgvN4bwQeMbQEjV-v5owSPVzh-jfuH83Fp4tC4quZXxQL6z7kp63tdPVCdfUvv4VY-GeBjcbMZ9k4E853JN9QSDzzxcRCzeX0p1vqV~fDa7PuXtGuosNG9~LUiaIBm36ah6zLGTcsvVc0I8dldJt~ofSZ7vtATTnT6k9S9uZtIsqlsAR5Dy5QByH5J28AFIxKXPqlFswl7kys1mcJ5R-xYTW-hK67hmFjFQqX9cKI85gZgm-0ZpqplPrPPjb1AMiZIbFppg61NqpFgnhwH7xQofNBIf~0d1zgLQr6fVfBaW9xdNz~Cb4kRXZEtiC0pxOf9efx4PwIFY5MkWjJrs6Ag__&Key-Pair-Id=K3LHBTUA5A7KEY)