View the global market opinions of the Trading Center's Global Research Department today. Explore new trading methods and opportunities from popular trading products.
EUR/USD, Gold Spot, GBP/USD, EUR/JPY, EUR/GBP, USD/CHF, Germany DAX Futures (Eurex), Brent Crude Oil (ICE), UK FTSE 100 Index Futures
Friendly reminder: Due to market fluctuations, prices may have crossed key levels, rendering strategies ineffective.
EUR/USD Intraday: Ultra-short-term support around 1.0835.
Pivot Point:
1.0835
Trading Strategy:
Above 1.0835, look for a rise towards 1.0865, then 1.0880.
Alternative Strategy:
Below 1.0835, look for a decline towards 1.0820, then 1.0810.
Technical Analysis:
The RSI technical indicator shows a complex trend, leaning towards an upward movement.
![9ce1cdbe874f4cba9ea6340d82728690387](https://production-app-asset.traderknows.com/images/10674b73f98d48efbfcec23207cae799.width-800.png?Expires=1728301244&Signature=hRLHnHppxdp2TDSsh0B~xRC5LPNTUUu0ACdMkHnQxF7~ATQ3Bz18YkVng7IFdyZhsDbevK6UwdkdUx9XuHb5enHd2UNareuX8O1nDtLF60~d2AUbeuuzkqq5IL2MpGSGdzK1EacfY72LsKIRaP9AQrEpwI4ur1FCtBwDgTupRDHR9UPHyd3s3ghbrhNWwTTu7p~Vaoflc7GfGQfL9lhcm8~eiNm1-eV9Cv9pZCwgHi6JWzQZOSuMH9N47P7DKgmeKkZZZg86z7PWh2Y0fj5GeIZZEj5x~ys-jHaS3o74AFPKyYG3FwdejgJq0WpXEn~90LtUwBC6lEtHY0oyNtMXjQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
Gold Spot Intraday: Moving towards 2306.00.
Pivot Point:
2331.00
Trading Strategy:
Below 2331.00, look for a drop towards 2314.00, then 2306.00.
Alternative Strategy:
Above 2331.00, look for a rise towards 2345.00, then 2356.00.
Technical Analysis:
The RSI technical indicator shows a complex trend, leaning towards a downward movement.
![9ce1cdbe874f4cba9ea6340d82728690572](https://production-app-asset.traderknows.com/images/253dada911a9464ca2b48d52a580d4e9.width-800.png?Expires=1728301244&Signature=jOhtxw6ZZw61h5KxfDEfLq1cgLunFJQg7mT35rzlCVJNh38sOOlEdXVv9FfC1-7KG9uqaLpzZ7OZzZhaB-cbbitn4cQPzQgMGWiMhhODreRimDQVRHtJzU~E0DC-W2mGtjZ0BNriNBvlmftc7dwSTWxwTzTEAN1GLro1aRRGIGPQ61wvF25TbbxbvT1dkxCbaUrbjrqf8zZWr9ghVHDF7H-26lhaE7Tc0ERkPGSXDFSo~1weCBDk1gQmx959l783es-czSnLdPbIdZN34tSU7xeZWhyUzObqHuji4NgpqVwP6yjOBs3Ef-MpX-svfl2~xe0pv5J3wMua8zF0kJepSQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
GBP/USD Intraday: Bullish above 1.2720.
Pivot Point:
1.2720
Trading Strategy:
Above 1.2720, look for a rise towards 1.2760, then 1.2780.
Alternative Strategy:
Below 1.2720, look for a decline towards 1.2700, then 1.2680.
Technical Analysis:
Even though a continuous correction cannot be ruled out, its duration should be limited.
![9ce1cdbe874f4cba9ea6340d82728690764](https://production-app-asset.traderknows.com/images/72e4d475f5d844e3822beec00dd3b51f.width-800.png?Expires=1728301244&Signature=kbJZ7CGeGZ2j7K0eD1dzgD94WBWqvNAAeWYUZV8aM9TWq5BZi1JAaF0KzEeolx71kDJ3-M1v4hnR3Vx8nYSXZvSJiNEl~ST6q1eMwvoeQgciOaxHk5riOGFnQDUN8MXUQZW6TKl-JZ38En3Axu3aQ6VPcaGlRT8NAxuo3J~TsX8FOaX0WaQ03Lrq5SJ1hHCf0VAlWYekuF0T9jq~sriK3Vf7CyJZ5q474uaZ9P~HVVZJqjiMLcYHzP8-z4Hu9tOAzEv23Fp8gh1VtF5AEQrZKtG8T0XCDGtPbrnRFQYVp4YmavrNuMj-KCLH66boba13beDySrlxUXEMwdh6tgevSQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/JPY Intraday: Bullish while 170.27 serves as support.
Pivot Point: 170.27
Trading Strategy:
Bullish while 170.27 serves as support.
Alternative Strategy:
If it breaks below 170.27, the EUR/JPY target direction is set at 169.65 and 169.28.
Technical Analysis:
The RSI technical indicator is above the neutral area of 50. The MACD technical indicator is above its signal line, indicating a bullish stance. Additionally, the price is above its 20-day and 50-day moving averages (at 170.62 and 170.40, respectively). Lastly, the current price is above the upper Bollinger band (at 170.81).
![9ce1cdbe874f4cba9ea6340d827286901030](https://production-app-asset.traderknows.com/images/53de42aafff74bc196696f38a548b363.width-800.png?Expires=1728301244&Signature=ph0JizsQDG7KPKVGrn9wwWov2b59UTKeUu853inZ1inMd-Gv7-FTACbyVmaBBT0pJxO6KtiXcd-O8Nb~i7PLwwV2eu4zr0nkOD8OdV0cStO4OzCuvSLBPicmgw-yyQpKA8wk22jkRb5NAjBYpiAHfjWeKGg6OWMISw8GvoFpEtIJBuoXJY97fmpzTfYbFoMJvTUMEcaPj4dTWD64TWwhuqC6JypSF4NPs~p9u6x~bdDtLVjktHTq849KH7Zh-Zxrj6S5AcSFigNttR6rOgg~HSXaT6h5yYzlUHjL-mecdaPs2Y2Mc54yr7pByNI65yN~tP2pVnWe20fx3ePG9IY7sA__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/GBP Intraday: Bullish.
Pivot Point:
0.8506
Trading Strategy:
Bullish.
Alternative Strategy:
A break below 0.8506 will likely initiate a further decline to 0.8494, then 0.8487.
Technical Analysis:
The RSI technical indicator is above 50. The MACD technical indicator shows a bearish state but is above its signal line. Additionally, the price is below its 50-day moving average (0.8518) but above its 20-day moving average (0.8515).
![9ce1cdbe874f4cba9ea6340d827286901246](https://production-app-asset.traderknows.com/images/774c45b55f984135800d78334a837973.width-800.png?Expires=1728301244&Signature=KX716pkCFQJjOmgFJgSvnEnQn0y3miQzwJNP0GQiar4fJZuyUR6QDan5L9gfbTTSIfqMOVFIkUdVZ-8L9~hLDWGXjVMkBVFBz4nEm~7coQDgLDv-0PgLmrOavwPcrVrxabtxLJ101Xffbx0qO6e5N5YPYQrIiITkug01mZkDxzD0FbKaInX5HA5SZtkrWIMSDXuTKK-51iiIGFmwzcfLZNA311bbweyFF5dxGKRvhCwjAKlAIF-QPDNhqLP4xJWS6kPHgsqi9LYE0qSzaphErb1L8ELMttU9m8hkwBEh~a5lHpNHvKRGLe5ZlXaLUn-Twy5cXlstD0JWLWIk~QDCXQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
USD/CHF Intraday: Short-term key resistance at 0.9040.
Pivot Point:
0.9040
Trading Strategy:
Below 0.9040, look for a drop towards 0.8980, then 0.8960.
Alternative Strategy:
Above 0.9040, look for a rise towards 0.9065, then 0.9090.
Technical Analysis:
As long as the resistance at 0.9040 holds, there is a bearish bias in price movement.
![9ce1cdbe874f4cba9ea6340d827286901438](https://production-app-asset.traderknows.com/images/be5984973aae4cab8e0962fd060c9ef7.width-800.png?Expires=1728301244&Signature=nozFSctJ~w5xx4jf~qktiznxPJEVWC~HevmKmBelFKJImx~isqo4EsjObCfjbhtZLCQLPT0oRXKiZQaA1xVI4NerdMD7NPioEzaqXgozgvvNhX1u7Uh9v4Sfca8z6W8jBJaHCMCROd-hpQZxCLfhprdWyallfCzVUr2k9xS4EflyDwtYtvazcX3h0qAEX2fh4QHYKvVk30MDNo87JDdq7iGHTTDGBdLKu6TM~6LzDA0O7cFE~9qBuXhGiT3bamJ9vjHt6a56J5HdjD2f-oeJIXrUufezAPt3Uajs-XSjhejtfshL6a6BUwSOvk3pVaMa8WwAn2EtthRNrXb3WEMQEw__&Key-Pair-Id=K3LHBTUA5A7KEY)
Germany DAX Futures (Eurex) Intraday: Ultra-short-term support around 18620.00.
Pivot Point:
18620.00
Trading Strategy:
Above 18620.00, look for a rise towards 18760.00, then 18819.00.
Alternative Strategy:
Below 18620.00, look for a decline towards 18555.00, then 18470.00.
Technical Analysis:
Investors should proceed with caution as these support or resistance levels might trigger profit-taking.
![9ce1cdbe874f4cba9ea6340d827286901673](https://production-app-asset.traderknows.com/images/fb775f60802841389f8390bdf5b09826.width-800.png?Expires=1728301244&Signature=SkITqzyO6sdP4TW-tu4eRsg15FUUQL-QhHay5jxpgPxVn3q6wIcHKSuFiZ24A045fxeS4krNSx5ekUDlDlQTSvcaATnBEysllILtrfC7ABCcpAPLRivR0FXl3FEimLF0g5qCe-VpIXmfjkpD8BRImWh4aVoYnAuHq20XDqRyLvd9AcU8SweQ4pQrRrNAWGcKuyTR9EZl3umZnVSyYEuaBAPllOJlPcYu8jVX~A2kMocDCG-9uhRCriMNx4d4VqA2CnnXOT~X1wnrVNqBD1B4qY~0utg8rZZyeePoseR0pYdgU5w8EnSHlOC3S2iZduJGMMQC8OY9JrF7VFS7GZZK-w__&Key-Pair-Id=K3LHBTUA5A7KEY)
Brent Crude Oil (ICE) Intraday: Ultra-short-term support around 80.80.
Pivot Point:
80.80
Trading Strategy:
Above 80.80, look for a rise towards 81.70, then 82.20.
Alternative Strategy:
Below 80.80, look for a decline towards 80.45, then 80.00.
Technical Analysis:
The RSI technical indicator shows a complex trend, leaning towards an upward movement.
![9ce1cdbe874f4cba9ea6340d827286901866](https://production-app-asset.traderknows.com/images/7afeb517eed64898aa775d0ac3bacba6.width-800.png?Expires=1728301244&Signature=svhLZgRxRx-zgaxYbQ9iDAf5ZXCspXxTfITWw-8PgJJwqLdqvEZR8Z9aSVBpSTun3O6hrOnsVK9N4bbWirbRXewUI-SlpWw4-gC5v8fGVZdOyu6dt47zYdmuKvDWD-R5~MDvBiRpQ~cvgXr3Kn-jn2QgmEJANCLIoCe~a7GgCPYiHwIQwO0csDMRI5YBgSV7FIBQIdWeD1view6pRMNKRNyBUes7eRdE3-S5RroAdNfTO2NNJ-LwjIgd4qcve~tuiNLndwXNf3si3x9YTm8wrJgHenHIogo2F2Yx7-S34tz2-P0EGE3sGBLTlY17V7sEROkbvfrOZypuzGg6CNlPog__&Key-Pair-Id=K3LHBTUA5A7KEY)
UK FTSE 100 Futures Intraday: Limited upside potential.
Pivot Point:
8286.00
Trading Strategy:
Above 8286.00, look for a rise towards 8381.00, then 8428.00.
Alternative Strategy:
Below 8286.00, look for a decline towards 8248.00, then 8214.00.
Technical Analysis:
Investors should proceed with caution as these support or resistance levels might trigger profit-taking.
![9ce1cdbe874f4cba9ea6340d827286902058](https://production-app-asset.traderknows.com/images/e45f4a900b354187af99dcc637939491.width-800.png?Expires=1728301244&Signature=AOvcPV~3~f0al-6c2pps7NmULQb5FE6WOr4cqvPOvlqNbUyqeGkOmB~8HpE8-7H2PjdMkQHoe6~-G6GhNU43rusyUC7n92aKad8vwEbhdL6-14gnIBfx6pdQxJplqIAYTx3NmeCyX30TODU6seBK01hOk6iQfrRbUML5JUAfLJoZO~GfCDuahlEIyU8vcIbe-YiVF9nsIHSdGctKsREtx6vDUtZfy3TbeGwLht3CRQ1C6YRm2sE2RVZReTI5ecju-1o2RwhlRMGohbx1Z00mvsUXZvQnrJwEbhNeECy~YUeMuhAOBOZMQyCuFgANRVqxggkTWGO2rdrgz7Q5RnlJ5A__&Key-Pair-Id=K3LHBTUA5A7KEY)