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.
Euro/US Dollar British Pound/US Dollar Spot Gold Euro/Japanese Yen Euro/British Pound US Dollar/Swiss Franc German DAX Index Futures (Eurex) Brent Crude (ICE) UK FTSE 100 Index Futures
Kind reminder: Due to market volatility, prices may have crossed key points, making strategies ineffective.
Spot Gold Within the day: Bullish above 2153.00.
Pivot Point:
2153.00
Trading strategy:
Above 2153.00, bullish with target prices at 2166.00 and then 2172.00.
Alternative strategy:
Below 2153.00, bearish with target prices at 2146.00 and then 2140.00.
Technical comment:
Even though we cannot rule out the possibility of ongoing adjustments, they should be limited in duration.
![3153ec09-bd47-44ce-909e-b6715bb61a53](https://production-app-asset.traderknows.com/images/c83d605a1f7549bb9a9b76639af68413.width-800.jpg?Expires=1727772780&Signature=Yg7g3t6ToRbg-8HXy9lQUvOyZRqGKBVgPtF~F41Ska3MQOUDVhqDrIqEip1Q9hBPOlQGxJUdyNTQYRY2gNx1VRhmfQoJgJVaUjwl6Kng-hCfXnkDalPxPcb8JWEmoMVSrFMp~w5Gj8EYaYagi37FAaP8J1HoDwc4bUKqKcLsonPX1CEIYnUiv9KkKsghkdf0ewTGxciiUMJPOhPLOSMKmlVy0eaSatpeCHXooWyXfCunvwQz5KV5caaxgfPblD7it3VqRNVY2m14wnjTr78GwDDsQUZHGARtoGTubhV1W9tFYNU0cHTD8WPdgBfyqkInuBIF1eDDpwFEpmNKvHG98w__&Key-Pair-Id=K3LHBTUA5A7KEY)
British Pound/US Dollar Within the day: Downward trend.
Pivot Point:
1.2745
Trading strategy:
Below 1.2745, bearish with target prices at 1.2690 and then 1.2670.
Alternative strategy:
Above 1.2745, bullish with target prices at 1.2760 and then 1.2780.
Technical comment:
RSI indicator is moving downwards.
![c6f4283c-688e-4728-9b8e-3c7cf0d2efa0](https://production-app-asset.traderknows.com/images/8944399b27bf46c5a0d315bcdf3f36af.width-800.jpg?Expires=1727772780&Signature=zjh14WBLtmoqpQ42KLd9-AxPNmYnlHQne2ap-Mi4Gt7L9JB8dskiUF4hgUhxA-7rxEYRy~XpREL3ctLPi~~y9TZvdkzyK2oFivZ-pkXfEQQXcjHhbWwak1CU3igkKfFitI4Jqgp4bTHfQs5ShWm0FIrlcuKjozhkjaGBV-NecxHFMAPMiYOccRJkL164UGC5me0rksdFWebf~HhzO6Jf4ejpWrDJdeKlF0XJpOewafrBe~m0zKMSxzEgMbRboAGCXFaM0qbSy5gdZMNLWye~JVZJxDCfbtoNcp8kUfwIo7Y4p3vpQT-E1aH0oWnptvDdxK7~96CwECVgPbINBuL1MQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
Euro/US Dollar Within the day: Under pressure.
Pivot Point:
1.0880
Trading strategy:
Below 1.0880, bearish with target prices at 1.0855 and then 1.0840.
Alternative strategy:
Above 1.0880, bullish with target prices at 1.0890 and then 1.0905.
Technical comment:
A break below 1.0855 would trigger a drop to 1.0840.
![5ecb9279-43cb-49fe-b139-91880ce70a6a](https://production-app-asset.traderknows.com/images/831f58d9e8e54df987f27aa677292989.width-800.jpg?Expires=1727772780&Signature=kF6bjrWe67RcMy587DIPWd5l1zmmW~6Ezby1~Jlncuka0oXfh3C1rv~wA7VD754wyVGy3yibbG7BFjM~Xcaro1K1f-D2iYTBgDh4yTUnY7scQxvm-dphiioyj1KvUJVlY9ygqd~k3~0QLxz7hgxeXU1LUzkofzFnrOq0ssN1A9VsAt-cOL2LPM6zzf4ipduJQ7MH1DbR1JByLsjQcPVFSjX7EQUzyemvgFUHHfPYX9yhITrlygKy5cqOzZhSiF9NzpHpLH5QQ24lNPe4V1B6FNzvR0o8qTxupM7tg0w2lyonhTUvOU4FqJBEx6QgjH~iu20EjeDCqAGY0leiY9nV0Q__&Key-Pair-Id=K3LHBTUA5A7KEY)
Euro/Japanese Yen Within the day: Bullish.
Pivot point: 161.91.
Trading strategy:
Bullish.
Alternative strategy:
A downward break of 161.91 would lead to a continuing decline, with target prices at 161.50 and then 161.25.
Technical comment:
RSI indicator is above 50. MACD indicator is bearish but above its signal line. Additionally, the price is below its 50-day moving average (162.32) but above its 20-day moving average (162.16).
![0f2a1274-7484-46ca-9b8c-2f50e04d9b92](https://production-app-asset.traderknows.com/images/4063a2e85a3e4c13aad396e186f311ec.width-800.jpg?Expires=1727772780&Signature=WJd862I2Ld8nqhqNgplx1jC-voVx9AM~JeyZc9441IV2a2MHtQNAKvDnmaXnv3RLzURu6KhSg1qajk4d5TSngmcPJw2leuoJxlAKZcE1QR3PuUuyM5Z03rFMy7hoz1yCTJGN8PGFJcD6zoBhri8FOWQBWDKQjK7arO1OcELTHbDf7KOPWy8nn2n7MFCN9JoZEhywYZlRwsZQLn~2Id9dxPEahO8qB7BYfkF4xm4OV-l8tputKrUCam~xN-Jpr1wPZJqIb7Gidmhk2C~ODSqig1SCjHR2o148ePqvUv43l5ec2qQBz9VhSqgL9ejuy~K5zvF8~YkKc8sqxpqtKHIiFA__&Key-Pair-Id=K3LHBTUA5A7KEY)
Euro/British Pound Within the day: Bullish.
Pivot point: 0.8535.
Trading strategy:
Bullish.
Alternative strategy:
If it falls below 0.8535, the target direction for EUR/GBP is set at 0.8523 and then 0.8517.
Technical comment:
RSI indicator is above 50. MACD indicator is bearish but above its signal line. Additionally, the price is below its 50-day moving average (0.8548) but above its 20-day moving average (0.8543).
![5ab52c19-8ee0-417e-b4a8-e6eca510deb1](https://production-app-asset.traderknows.com/images/9d3ab57de1dd4d369b81ad7bea91876e.width-800.jpg?Expires=1727772780&Signature=V~WBVc8UuYPI9s1VBM96eEJnvgtqAHTHAMJZUx9oktX6FDZ~KLVMv-7t~jSHMiDnMZwze~lKToe-jdF3qyqAlho6StxmfgPdciIhGX2eUB0rEgqs~4H06i45ae9t6yVn3NLakuF6GAAFd~RjMoc2sGiUi1EnC~M6RYA-dR0RVs65opdpPOmMKRLFqkPlsuUoXbp-BpqfeC399cpzW6GGp29M6be0c2Elpur2rGFstnCPZXDYiWneB4pk5nxjV54KjusEQkhqpWwnd2V4qvC3oErtQFuxhjV~3o237~2~IzVdYcMIwMPQgT-8WOgKBjk4hCTYNCJM8E5eqYRr1impnQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
US Dollar/Swiss Franc Within the day: A new round of ascent.
Pivot Point:
0.8850
Trading strategy:
Above 0.8850, bullish with target prices at 0.8910 and then 0.8925.
Alternative strategy:
Below 0.8850, bearish with target prices at 0.8835 and then 0.8820.
Technical comment:
RSI indicator is moving upwards.
![835464e5-5825-4048-9d9b-43e68df84c81](https://production-app-asset.traderknows.com/images/eb7ac8ab72ba43bb82a8f1e7123fccc7.width-800.jpg?Expires=1727772780&Signature=ReWRWP9XgwxVgiZyX8FDZjvLt8tTjMuAROUoyDLVIMxVfl0xC54o9yOZfmGWR3ULQTDBm-3W5qrx6F-3JlM7gkJpVdHJ0DxdYQ8AXmTeFHae8AF5HWAFLWAjLurFy9SvwaJ0eDoo5vmdO3xa6QKqSAgHZoUAZOsd8lCoa~axSscNCKf7vG-bHir8ydKnYBbbMHR~b13VTDqyrL9QL71VAGYePO-iYYb~2giLIQaMLbpv4k2w69acqwbTBr~qP0Ca7h7qVG04ybql3ealr6Z1xB8ttDdPOJoJBavFHnuu0wHkRKJeW9QRMoB8RIoIiP6ZsPwtnopPW1Lrhqu6gL6lCg__&Key-Pair-Id=K3LHBTUA5A7KEY)
German DAX Index Futures (Eurex) (M4) Within the day: Short-term adjustment.
Pivot Point:
18315.00
Trading strategy:
Below 18315.00, bearish with target prices at 18210.00 and then 18150.00.
Alternative strategy:
Above 18315.00, bullish with target prices at 18370.00 and then 18425.00.
Technical comment:
As long as there is resistance at 18315.00, there is a bearish trend in price fluctuations.
![151e85e8-5e68-40f5-9c5e-673ec280bbef](https://production-app-asset.traderknows.com/images/161988608227412ebe7cb3f8428d1517.width-800.jpg?Expires=1727772780&Signature=zBdsy5dtl7YwF3dQBGffFC-UDMwyH9CbS816TCsNFYO7zYrC0ZcIgjUfI-rR5vrRLKhjUY3m29YBoPnvYyKMAx2iW-uWDFepLtPqtQm0DN0MYCtvQBzUUGhshr~og306TIvwDcVZZwWlQArODvpsMy8sFcdfyjccYaB65TsFkdQjwIbkC1zs9SacfPWtQH5uqpE5Gc2Ag3VmLeT1uUoSDP3472XEcV41wSydxB3YYpIzOPqq-ySmvWemAnPOITyOROtIDf~ZaW7r-RC1vix232E8ubq7mgDLC3KQFneJtLaToyxYkD-W7CNiURvq7AlgukApIxnPBEp-XK7r510lGw__&Key-Pair-Id=K3LHBTUA5A7KEY)
Brent Crude (ICE) (K4) Within the day: Bullish.
Pivot Point:
86.20
Trading strategy:
Above 86.20, bullish with target prices at 87.15 and then 87.70.
Alternative strategy:
Below 86.20, bearish with target prices at 85.55 and then 85.00.
Technical comment:
Even though we cannot rule out the possibility of ongoing adjustments, they should be limited in duration.
![cd0c20d4-d758-4e2d-89c9-56e16a4f6eae](https://production-app-asset.traderknows.com/images/ef1a0b5be5bc460dbcd216e061f63b05.width-800.jpg?Expires=1727772780&Signature=mOkV1Ss6Ofusee8173VEpTPY7GOzyKIeLcyckYUmIa-1p5DuPnVsTlV8fgsu3ibPxPpZItr3MEcnAsoRUkxu-F-t6I1A2iwIUnOy9G3GocPgxgthOol3ooobmwHFi9fhZsXb-R7LKQbZNmX38bvbyFyUti77xXnHb~RKpHr90mwGcPI~No6YSCWBl~If2ZtbJw2dLAhEE39oARh~nKbGwUrFpgxLLDzGcwlYvL0OiIuBlV~E3YVIw3E1DODauv8Dbv31-fvA8TfzEky1GzZuyaunsH60IGlC4idiVzbfNVL0JdnWU8uJcjeuBFko2P1~RCC9UPFPFZ1KoKl6EIQ1wA__&Key-Pair-Id=K3LHBTUA5A7KEY)
UK FTSE 100 Index Futures Within the day: Under pressure.
Pivot Point:
7758.00
Trading strategy:
Below 7758.00, bearish with target prices at 7705.00 and then 7680.00.
Alternative strategy:
Above 7758.00, bullish with target prices at 7780.00 and then 7794.00.
Technical comment:
RSI indicator is below the 50% neutral zone.
![img_v3_0294_5f0effdd-26f8-42e7-9b90-3f316fcfa86g](https://production-app-asset.traderknows.com/images/de2280a539e8403fa5a41016c9ffb5e6.width-800.jpg?Expires=1727772780&Signature=uaNgT1RvAteGvIUB1wC0i-4NaDcPsj8qQpMaMht-vLfWOMiq~3NVLschPQivYSxpLFbS3c7UrOeZaOvWfCzcttUCCOlYdOaVpIOFjdSpG0kOtqSJt34wkyCgLbWOXQE6yhXgJ2rtgY0XpagA-VcWXsrLkpBKfUDmedZ0vtJVC3k0EQS9rdw4NwwvIoB2rNM~f1jmoPgBYbaSlc5iLQmlOr6w3kT8vbQHuAVTuIBNM~~cf5B58MJt-YA~kKzX1IxVrBRAeFZxSHjhh4TC9xbii3k7lf0eNI3Moq9q~f5lApJ2r88DPUXn1khbWWyju73ylRI4T-I8kCC4R7AShIsyLw__&Key-Pair-Id=K3LHBTUA5A7KEY)