Explore new trading methods and opportunities from popular trading products in the daily market view of the Global Research Department of the trading center.
EUR/USD GBP/USD Spot Gold EUR/JPY EUR/GBP USD/CHF Germany DAX Index Futures (Eurex) Brent Crude (ICE) FTSE 100 Index Futures
Friendly reminder: Due to market fluctuations, prices may have passed key points, rendering strategies ineffective.
Spot Gold Within the day: Further rise.
Pivot point:
2139.00
Trading strategy:
Above 2139.00, bullish with target prices at 2170.00, followed by 2180.00.
Alternative strategy:
Below 2139.00, bearish with target prices set at 2130.00, followed by 2120.00.
Technical commentary:
Its immediate trend maintains upward, with strong momentum.
![4b9bcd6c-74ff-4763-9f2b-dc3d5474693c](https://production-app-asset.traderknows.com/images/079326f06e4f460e8678204d52065ac7.width-800.jpg?Expires=1728327685&Signature=tolicsGYlOHtwIR-92iUxRITSB4S3zx2xelFpD6nHdSK8W5yfNcrJMRJusSHJ6hLXJH9kDK-yhSb7XYYXLmc3dwkubkKJgWLc8UCEGloarKbGEFqf8WLSp9aMGwlMPAe2cfD3DGrkC0gA~0R~t28hNQ13w66Rwg82PkKaVGSQXYsixKz9H~JW4Mr~5Gor9mKFO-P8yIoXAv5aPofbx1pQTxtgwaesufV7~vW9gLHRzmFVyR8io9v5eWkuZmKc4NEYLEnPJe4oDfJumbsPEpF7BoByaMtZPo~xYCL7XTuGgCW8Iq2~3FQRPSSpapmvgi3rg6GxUKIQZEEBmnm-p19BQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
GBP/USD Within the day: Supported by an upward trend line.
Pivot point:
1.2705
Trading strategy:
Above 1.2705, bullish with target prices at 1.2760, followed by 1.2780.
Alternative strategy:
Below 1.2705, bearish with target prices set at 1.2690, followed by 1.2670.
Technical commentary:
RSI technical indicator shows a complex operation trend, leaning towards an increase.
![292fe9a0-1a7c-407b-b095-fb517e2a41d2](https://production-app-asset.traderknows.com/images/22a728e52d16487e93ca3f02733d6f21.width-800.jpg?Expires=1728327685&Signature=jPRjZHFCw5KtSNzPOhsge~HWLKz-GAaJMX6HIaKBlDu--B7p95-QNhx2PYNomcP9RDJbqZDzzpqc1yRdYsg-Pf46jOknSEWIWOYS3JXDD~e9vmc13tG4wmpCkAi85mTdqPAO0t~2mLvhyIgnyB-YgXYUNQlYEzKkpNXxuaS6pRbywVcinxz4azFh6PhGdpnqvlev2MemmKA0TUpy6q549CdWN1T9JnmRT339iEvoz1qa4eOT8a08dWM19BM-M~VytJ~zOIaw7lMoVAHXzL2UGdxsn21YpNo2yzwOjTxtQTz07Rsd7xapQhDin9ab9gc371YQyxFw954eHJtJfNNEqQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/USD Within the day: Uptrend.
Pivot point:
1.0880
Trading strategy:
Above 1.0880, bullish with target prices at 1.0915, followed by 1.0930.
Alternative strategy:
Below 1.0880, bearish with target prices set at 1.0865, followed by 1.0850.
Technical commentary:
RSI technical indicator shows a complex operation trend, leaning towards an increase.
![bbd36d56-b085-4f09-96f2-8ba81670d3b8](https://production-app-asset.traderknows.com/images/669595f192554ac9bcb6b2eca04b7c74.width-800.jpg?Expires=1728327685&Signature=BGc-sHVpisMNKTiVUhfWBXrKYr6OGPnCJhQ0sXfsSLLQjMbFDYtBvXR0CwNyrKCrvgg8MbtfFU-bB55SWFqPxlaLPWCa3N4LRjUR-PFaLtrwNQrVCQMuXaBeBfMXoUEIIT1jA~gaavifXCXe0mnkg-djSW1Gkb8SGMUBgCredsryc885qU2aegLBnfO772fFv8h240Vh~swGC~pLdtK8Vh8wO00g6MXIuUJ8ZvBbhs6npwA1AJzXfJzZjpkhkXuLmuNfNgx1OAocgA4ORf75DMywTdKbiMYg4H0kYIu2BolXOxf8n-JtYveehkwgBd8GgyNDi3BrwMq6TQGFTaY2CA__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/JPY Within the day: Gradually declining, with 163.07 as a barrier for upward movement and 161.96 as the target.
Pivot point at:
163.07
Trading strategy:
Gradually declining, with 163.07 as a barrier for upward movement and 161.96 as the target.
Alternative strategy:
If breaking through 163.07, EUR/JPY targets 163.48 and 163.72.
Technical commentary:
RSI technical indicator below 50. MACD technical indicator shows a bullish state and is below its signal line. Additionally, the price is below its 20-day moving average (162.75) but above its 50-day moving average (162.74).
![8f1f159f-6849-4499-bdc9-f47390998edf](https://production-app-asset.traderknows.com/images/f32320dee0e145928b277d0139dd98ab.width-800.jpg?Expires=1728327685&Signature=ryTebK6TjqHiw8s-ucm5yjHqX982ZoXmQ5vdIwyYT-5rQkK9AMJxw9fJY65i4x-BLnKaqYj7leF916b-iSVvDwOJvwompEdRf4fsx8Ta8eOnlR3dkvR3~NlKdnPdyWFyXNwhBa9z2f5lrEjlvB6D5VuDuWTFzuLxwIjmXe~w8uZboltnk~Phk4JzOthKH6mElTuHLGo-WeiphwrKlGzByehEUaLDpMvSBhTY4bYiPcemzxHSZa4v45RriFHuhk6NgDeDWYDGDfH94L0VibExfLQDF4cBa2FQ~TNYfADaIT7FTE324URN05IUtC2e3zwppH0OR69lvGlzYP6ern~zvA__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/GBP Within the day: Bullish, with 0.8550 as the support level.
0.8550 as the pivot point.
Trading strategy:
Bullish, with 0.8550 as the support level.
Alternative strategy:
If falling below 0.8550, EUR/GBP target direction is set at 0.8540 and 0.8534.
Technical commentary:
RSI technical indicator greater than the neutral area 50. MACD technical indicator shows a bullish state and is above its signal line. Moreover, the price is above its 20-day and 50-day moving averages (located at 0.8555 and 0.8549, respectively). Finally, the price breaks through the upper band of its Bollinger bands (located at 0.8561).
![a38a292a-0c89-43bd-91e1-c7d2f0bdcbe4](https://production-app-asset.traderknows.com/images/bad6628f125a41e290f8ea22468d8d68.width-800.jpg?Expires=1728327685&Signature=l3o5NHw3ZAp180yN9nOXW09sSj6GlPLj~y75hLinsAM2LErPVO3BbCxCOUtDNGEAcUSCCDkybAzO4Yy1AZNDmOnp5JhjDPd8~EvFytbJc4ZtNtWIoxr6IQURXARBIXyvFra6-D5QCZ5pbtw2ei6ZCLwTerTzBXBRaqoXZpNYBMU7~3yUzZ3XNFMS~Jw1xbUsNq30Sw~muvRiHrzetgOu~MJGu1qwmybOPBNLQjIi6pC5Dhun0t17hwtF1vD6mIAbv8MkiGuKcZXfkzUKGYnbvs71dB9T2-O-G1IZaN0NVniZH3HT3W0FD-o4cspa2945q2v7s2ZccbpMkniOI6w85A__&Key-Pair-Id=K3LHBTUA5A7KEY)
USD/CHF Within the day: Adjustment.
Pivot point:
0.8840
Trading strategy:
Below 0.8840, bearish with target prices at 0.8800, followed by 0.8780.
Alternative strategy:
Above 0.8840, bullish with target prices set at 0.8855, followed by 0.8865.
Technical commentary:
RSI technical indicator shows a complex operation trend, leaning towards a decline.
![6b28b7b7-c8c7-4a4f-a6eb-d0d94a95fd51](https://production-app-asset.traderknows.com/images/a70b37c2a4d3479e81795fc456103a03.width-800.jpg?Expires=1728327685&Signature=XkoY-wvlaviA1TcobpdxHlJF~S7WlAplp-sLT~nYpA5mFGeUHegO2OfACgtdYU5iYgRFbwuheacHChrX9y1fTI09LtQp8JgXk4mB~q1OQJSSiproMKEzxelmnsPQFt88MLggu6a2u1Nsl9dzZw0XevqduX70lIJBJqMjW1Pcnn37bun1jl8zPsVKavwBD38gNIE3szsDXODQnzhCHiW3Rs3iZG-wQm2OGBvgv5rKlmBXciN5RC6bmoIs5VbjgWZspsug1jdM-30WRSxLECV4C2jm3IOc-eQckXY31kdzo8kQLsBwiGJMOEKe9ChTlhxgqnf9D49nKWIvpWsxWK~1Iw__&Key-Pair-Id=K3LHBTUA5A7KEY)
Germany DAX Index Futures (Eurex) (H4) Within the day: No notable change in trend.
Pivot point:
17655.00
Trading strategy:
Above 17655.00, bullish with target prices at 17775.00, followed by 17817.00.
Alternative strategy:
Below 17655.00, bearish with target prices set at 17618.00, followed by 17576.00.
Technical commentary:
A support base around 17655.00 will bring short-term stability in the trend.
![6e407bab-bca1-4435-bec8-d2890e915acd](https://production-app-asset.traderknows.com/images/f800880ad9274c5cabd58b33c2a6bdad.width-800.jpg?Expires=1728327685&Signature=Mo2YFLCryqBOiPCKEcZXrHo9MnAzosjQQN8ElHBCvtJVF8OF6SufbsDgcW2~fdF3KOEalmxnQjtfrBuP3vZVVXDDb4JsJXHmJRHxd5QTucf2QvB6Q0APWL4SPhi-JkMOZFapMPkqtbK9lQgafIj9qX-soNdfGwxVju~uGopjJDxgQQMuDzRiURNPbugH6gYcUBT8lphDxWJCQH1xJFejl8wdeZikwLUTr7GN~vPq0izGhHX0kePEa35e78w-bm-RvMjX3tkWKH2kA1DDj1eNX3e2GWD7~DyDDQHGTuXPXtS1q3VHZ0YXX3PNmpy4KXop-rum5vvtxW65Bs6bb5RYZQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
Brent Crude (ICE) (K4) Within the day: Under pressure.
Pivot point:
83.45
Trading strategy:
Below 83.45, bearish with target prices at 82.50, followed by 82.10.
Alternative strategy:
Above 83.45, bullish with target prices set at 84.00, followed by 84.50.
Technical commentary:
RSI technical indicator is bearish, with room for further decline.
![d4dd984a-4a2f-4813-83ab-2bc3901ca5d7](https://production-app-asset.traderknows.com/images/7179e575070f48d0a063045b1de17c9b.width-800.jpg?Expires=1728327685&Signature=piym0x0u4MYEPulIGwxyEn5tOG40G0BolT-axkJa4TFXLec6tzLGrqPplzZTPXup4I7dz4b0ivu02OIokv9lG9cHaY82BaRMOmp2~lM9orjT5RDiRJ3K6bA8wOrqvZ8hkNZsCTSdXuPl-t5Q0jKGP77fOR7yx6xcvZADuGFaA8Y92HOt5YUAaZ1WoT4vHky2SI4VGiVXZnX1nZVgjriWWQI2WHm8Ny3EZA8pNy~7ymldvoe7G6bIk6uhsAbw2UMQH6HEgtg~Bf8WzCVoqTfJ6DGGWcWrPj-~gulIJI3KcGIgyV3MmKBBtzF6wcvPFfQBXtkt9ySrwjJImy-84RvdLg__&Key-Pair-Id=K3LHBTUA5A7KEY)
FTSE 100 Index Futures Within the day: Bullish above 7605.00.
Pivot point:
7605.00
Trading strategy:
Above 7605.00, bullish with target prices at 7664.00, followed by 7678.00.
Alternative strategy:
Below 7605.00, bearish with target prices set at 7575.00, followed by 7554.00.
Technical commentary:
RSI technical indicator is bullish, with a further upwards trend.
![74de4b7d-f542-47fd-9e57-52e87b86e594](https://production-app-asset.traderknows.com/images/3f5a0812452b4fcdb3f2f2abf7c32fd0.width-800.jpg?Expires=1728327685&Signature=ubZtqDh9HgrNUN6F98Lhb7VoGVhGFmNLbHuuKJBfUnih~i21Y6lbLPWYTdPK2HG8r9zknKo3hkKJQIEMHDRm-nGotRVPg6rzcPu2ZQRozTFusYUYb2Gn3SWkJx1X330rvsT~KyoS7tIzYhmxoOSGeKQV4xX3h5I2qBeg8a3wL~XBvGMc5tAVPUnGz0Sggzf1UPhNo-Wl2Unk3szAmpqIriKYk3Vq7SkQXQ8qkQygKflKnEbdfsxAXFWQKggnQOq-g2zo3YVKIcODUKF1YXY21tt24OjxafO1eLvVDPooaUPohP2fYIsEzSuqGszwIllBrUMbDGPbWKFvIl5wJwC7Gg__&Key-Pair-Id=K3LHBTUA5A7KEY)