View today's market perspectives 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 German DAX Index Futures (Eurex) Brent Crude Oil (ICE) UK FTSE 100 Index Futures
Friendly reminder: Due to market volatility, prices may have surpassed key levels, rendering strategies ineffective.
EUR/USD Intraday: Uptrend.
Pivot point:
1.0860
Trading strategy:
Above 1.0860, bullish, target price at 1.0910, then 1.0930.
Alternative strategy:
Below 1.0860, bearish, target price set at 1.0840, then 1.0820.
Technical commentary:
The RSI technical indicator shows a complex trend, tending to rise.
![ae2d9a96c0c64a3fbb252a7b59085439373](https://production-app-asset.traderknows.com/images/198df82877994f28b01ac5188d5d3db1.width-800.png?Expires=1728200607&Signature=yN0vZdhnkRDLHFA6mEKdOdEhTVaqJslMrnJR9SCSOnR9btvqYnkDXY~-2he7Ap9dLGBE~5QThZxT5S6-X5PzcBbsLnK9tvHhmMEJZeifixRM8wxcQEw0BNmVoAUZvgQdenQCDQGu0U6biJZEFPFm2GPo5HfqIIVfxlklvyfUhRlksdoF8JGWDKpuYxKyVX9S0320qMK2I3hMBAk2zUb2dxEZL-VGKTrKYJ2f8eHp7p3Pk4aRHQfPeGLdcIf7YWjQB82mZ7cjPYfPZ4xeSJshJjwY1C6dy8wRLtCFU5mqE6p9-uJmY9dYugO8LvYp2UtHXrRD2CqLvirgcMuBq49~yw__&Key-Pair-Id=K3LHBTUA5A7KEY)
Gold Spot Intraday: New momentum up.
Pivot point:
2378.00
Trading strategy:
Above 2378.00, bullish, target price at 2400.00, then 2410.00.
Alternative strategy:
Below 2378.00, bearish, target price set at 2365.00, then 2354.00.
Technical commentary:
The RSI technical indicator shows a complex trend, tending to rise.
![ae2d9a96c0c64a3fbb252a7b59085439556](https://production-app-asset.traderknows.com/images/82fb33a818ef4612976ceb69756af338.width-800.png?Expires=1728200607&Signature=Ir7J46NOp6LyZ08d4U4mQAWqhifjyj2S5pGgEf11q4ins2DQ2TcT2XMpaglA3uUh3dPKqOT8yUisGLN2-3IwDV8h71qgwt3f1IzjccGPApxFQAJ1U4Grdl4sU2JcjinHi7m5A-bpegG4N7NkShXN950AUBWtyXS9DLTP05P0Iyz97Su3nCerB1q8QdFm~DFoyxQQ8uVxlfb1oOC3Vd-mXLFeFpBGkpbFJto4il5b3riqDHsYvW7j8l5pbA2U1MRM41rmnbSNMMSSBDA8plJUytRHPgXI2o5cBgpf32bRFPoY9ld2E1ljBLbV~h8cZY0t7ReEWPJhZ0Rp3kcwd22ANw__&Key-Pair-Id=K3LHBTUA5A7KEY)
GBP/USD Intraday: Uptrend.
Pivot point:
1.2650
Trading strategy:
Above 1.2650, bullish, target price at 1.2710, then 1.2735.
Alternative strategy:
Below 1.2650, bearish, target price set at 1.2630, then 1.2610.
Technical commentary:
The RSI technical indicator shows a complex trend, tending to rise.
![ae2d9a96c0c64a3fbb252a7b59085439725](https://production-app-asset.traderknows.com/images/6a8038b8362946f5989b022b16d019c6.width-800.png?Expires=1728200607&Signature=NKIEgIUMt~s-adFy6e-OG3uFK~mIwn7t7h7ZuyWDQwuwdmna57gDVJeHMPV68OOTeW2fi6SuVIZ3WaaO7Oh1NGigrdSIrxs5sjhRIcuPqd~ujIlSP~E86F0aTg23YxAIf8CSPjLJ5-Bf06Sym5rBCqJC6Vvp63IWPi8sTPaccJyW9ogBePLUqI21h6LBg-qe1wP5M24Zq0nTvhkIRtCgbsEqrCZr2f9mIf2VSWEB0mqw5JJRNZ-9kBREhSBcfCgE2ZoVl3QV7Ctmmm2vvWTDFIom6JiQWB1o0e3geyafOvdIU2K-yWcsfugd~a44jm1Vpso-Iivbb0kZVxB-IB1LMg__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/JPY Intraday: Bearish below 168.19.
168.19 as the pivot point.
Trading strategy:
Bearish below 168.19.
Alternative strategy:
If it breaks above 168.19, EUR/JPY targets direction at 168.83 and 169.22.
Technical commentary:
The RSI technical indicator is below the neutral area of 50. The MACD technical indicator is below its signal line. Additionally, the price is below its 20-day and 50-day moving averages (located at 168 and 168.42, respectively).
![ae2d9a96c0c64a3fbb252a7b59085439951](https://production-app-asset.traderknows.com/images/bae7fcf9b4194d6fbe305407cab75b1d.width-800.png?Expires=1728200607&Signature=y8XzCVhd5MlKdJSp8lGfwi-jq4PbId60bSWd-ilW35wpNx8RJjX3L38xNcPnjIPYHLnkCTPr8Zm2o84gOCdQgkl923CV-OaIqQc1DyQGGqnt84km2D~ZgmDwodFzkvRks3CL8oddPTTBYOcS28yzFx5eAkjqGp9IE9~5MO0yz-ND09sSeRHe~c~V9yuTEs0vmmLLKkyOJaHy4B6PVxtiUGIB29Vm~Rbo-I-AnMniQWtB5yuar8UHtxrQ7qIyl6p72Q-1Gvl4JA4PTkxUAQY8kYXWkDlNd0vN2Qkk38ng3jx-E5rdDxI2CCtjDXR4OE2BOkrStOHoSy5FjRs1pi-Mzw__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/GBP Intraday: Potential for upside, target price set at 0.8600.
Pivot point set at:
0.8569
Trading strategy:
Potential for upside, target price set at 0.8600.
Alternative strategy:
If it falls below 0.8569, EUR/GBP targets direction at 0.8557 and 0.8550.
Technical commentary:
The RSI technical indicator is below the neutral area of 50. The MACD technical indicator is above its signal line. Additionally, the price is below its 20-day and 50-day moving averages (located at 0.8579 and 0.8583, respectively).
![ae2d9a96c0c64a3fbb252a7b590854391196](https://production-app-asset.traderknows.com/images/156c621980d94f1696039760b9ba4afb.width-800.png?Expires=1728200607&Signature=m8pSWlat55gaS29ewMSxIyXeztKU36crUNaWqVRtV0UdStDgqPxOPcNb5lfHb8rYwCuUy9XnmzeRcAG82xsa9mhZnpXIcWA0hliFlqjkMyCrMyld7woJ9880SHkwD6SfQLehvkmcLm~~iYD1Mx-B2ra6f~JIS100F4nyYKGjzdkx1XQbPGCXSENVfD~h35YzWrALjqFUzGEBODedie6V1MHg8qgNFTPALYOJJ7pg9mt79KJI2eNA-m6ieoBevLxAnmmKY2Ub5c1~6Zrd6rH40mBn~rB2OGGVMASBCW2FpF1vk-wQ7PxXZoJgYXR5MA1pKR54xhevr42ysJ7PKNH2KA__&Key-Pair-Id=K3LHBTUA5A7KEY)
USD/CHF Intraday: Under pressure.
Pivot point:
0.9030
Trading strategy:
Below 0.9030, bearish, target price at 0.8985, then 0.8970.
Alternative strategy:
Above 0.9030, bullish, target price set at 0.9050, then 0.9070.
Technical commentary:
As long as the 0.9030 resistance level is not breached, the risk of a downward break below 0.8985 is high.
![ae2d9a96c0c64a3fbb252a7b590854391381](https://production-app-asset.traderknows.com/images/efd780b4d8af456486a76defda3f7606.width-800.png?Expires=1728200607&Signature=fFuuWa5WBbCeU2VBEE49kodVz4kxiQDhwbPJQYdz3tr3oMCt2ydq6kWnwsGvbBFfVOaCrbJ6y3Zh-ohNlQvNE9wxj-UQZ7qi-2u6xgo44obKbWpGBEIxRFWkEvGHPcg426~WCOTkndfzOXQVzAe5YqERHcfKmOp9BYWEuQXa~Vu3YYJLINXY9tcVJ7o52caQJDAdNU8jzixFiSd8kYnPfH9RTwebH9houYVl~092hmxe~u0Q6ZW5RnBvHLlzybE5JdmpIzZCx-F3cgttAcE~il19qeT-2T1Ks9Tq94MsNeUm~AVxLUD5mGDUM5YMb97agKisx4oFmBj5By1QMAN3Yw__&Key-Pair-Id=K3LHBTUA5A7KEY)
German DAX Index Futures (Eurex) (M4) Intraday: Bullish above 18930.00.
Pivot point:
18930.00
Trading strategy:
Above 18930.00, bullish, target price at 19045.00, then 19090.00.
Alternative strategy:
Below 18930.00, bearish, target price set at 18860.00, then 18798.00.
Technical commentary:
The RSI technical indicator shows a complex trend, tending to rise.
![ae2d9a96c0c64a3fbb252a7b590854391600](https://production-app-asset.traderknows.com/images/44ffeabcda3a4b21917a71c44020d6e5.width-800.png?Expires=1728200607&Signature=g0v~Dv6vu3trkfi3IVD3KR-V-HJajZgz2ch4VEeMFGP51O-nGGBAQkEAKajCkvZBZSkM0Fi4HKXq6WLsC9g92cwhqwv51CegnEilIzl16hCAEQZkWT6HfxdUIiX1fixUYugJzfYjWvIVbFiPTJtfwDYhUpjgITn~aht3NxK6TiD55RdkVDJMrEhY-wH0-nLcb3ulX7o3cG4tQ8UxBUL2Aa~nFIWv6pEJD0P82nQ4ans7bW0sW90t2iGfqTwCIvAn0y2NjXBjOg5w-zpBOQ3qjCU4ZQoswgYDNlAXqbV7OoZ6hkmqg275PWGi3-087RAw2D-dpPaC~4FBdF0Eq830sw__&Key-Pair-Id=K3LHBTUA5A7KEY)
Brent Crude Oil (ICE) (N4) Intraday: Targeting 83.85.
Pivot point:
82.50
Trading strategy:
Above 82.50, bullish, target price at 83.50, then 83.85.
Alternative strategy:
Below 82.50, bearish, target price set at 82.10, then 81.60.
Technical commentary:
The RSI technical indicator is bullish, with further upside potential.
![ae2d9a96c0c64a3fbb252a7b590854391782](https://production-app-asset.traderknows.com/images/bd0d48105d4548bfa9b984de335b89ad.width-800.png?Expires=1728200607&Signature=cI9xhpgtFlumUcmD7DIeHSnofulmascd~3qF7EvHU9phSePgwntDvREZN~P72j67Ct1qF5lc8fGhWCBuVPiq3530dHntU-~cm2BqYOJtoowRslcxvseKeVZbI~HMC60S92vPv12YrWB6LEt44LAvio51bNmxfPjT-NOvBLzcSJxF9tU4AtN8lmCbxJBXipqXi9bz-Q9GycDO-DcobbFHje1ZSAW-s6tpIkm1u7MLvPz7gd6dEZuqrIUsbAEoLZmWtqhTjTSYYU90VfTTDCphFrrhZ1emDTAL49eJhNPjbg7QiOmwnca60QsbI~AbsoblCDliqc3HRckjbdd2b~0qiA__&Key-Pair-Id=K3LHBTUA5A7KEY)
UK FTSE 100 Index Futures Intraday: Immediate short-term support around 8455.00.
Pivot point:
8455.00
Trading strategy:
Above 8455.00, bullish, target price at 8490.00, then 8504.00.
Alternative strategy:
Below 8455.00, bearish, target price set at 8440.00, then 8411.00.
Technical commentary:
The RSI technical indicator shows a complex trend, tending to rise.
![ae2d9a96c0c64a3fbb252a7b590854391982](https://production-app-asset.traderknows.com/images/b5acc2ecc27c44b1a0f0612af307ac7c.width-800.png?Expires=1728200607&Signature=B0SoZKPCLsnXYhLmpMf2qrWwwmUvo4J4cHCY8XQ7tn7zw3LmTglNIt4wHeLKFZSlCtdMkLUbq5ilGYilQ7dzoSgodSsQZ1IhMVD1XR3-HD8grIY1IPkspEBq19yh-Cw8-P3ABl5hD6gVdnF2BoUTU3~vUANFOiyMxpwbigJ9OGMqJuVkk1FJRmVZepOuXeVD2KSyhWq8Jo0xOvDHsdOkqnF7zQb6TpVoT2CNSWTMbSZjWZ4ScKX6n6rWZlEL7WA4KZwkLSQOzv56PCtIHDbL-riBB7Y8vIrXwPykgdbHUwlMWMJyyRKWPSOYu8q9T30CAF7uTyxkEM26-dOg0imUoA__&Key-Pair-Id=K3LHBTUA5A7KEY)