Check out today's market insights from the Global Research Department at the Trading Center. Discover new trading methods and opportunities from popular trading products.
EUR/USD Spot Gold GBP/USD EUR/JPY EUR/GBP USD/CHF German DAX Futures (Eurex) Brent Crude Oil (ICE) UK FTSE 100 Futures
Attention: Due to market fluctuations, prices may have crossed key levels, making the strategies invalid.
Spot Gold Intraday: Under Pressure.
Pivot Point:
2377.00
Trading Strategy:
Below 2377.00, bearish with target prices at 2354.00 and then 2335.00.
Alternative Strategy:
Above 2377.00, bullish with target prices set at 2394.00 and then 2406.00.
Technical Commentary:
Breaking below 2354.00 will trigger a drop to 2335.00.
![39ddbd8e994149cc948c357e6c358f2e388](https://production-app-asset.traderknows.com/images/8de17a8f0f354f46a5ffa98a62cc1a6a.width-800.png?Expires=1728300326&Signature=xKLSd3zCqJzCqXTssQinkSjQPexEHyVmdd3UWOQSiiPcUjrhiZaNVMPeTRBMDQeIhKQMqqZ9o1Ff-mj4AylpxFBYWvtWWcwKExtNvbYbKa-mn9AX91UOyvGZhBTG43ZdmDHF78M0LQqYHX1h-Z~CEzOg3L5tuMugcgJMMsbHYzAvwhcz75ZzbSr~fik-QnWZDvVF2HvZSdk9Y8Eoe3btjYECIk~4SWvj7DvYsUqff1vS1j~4B3lbPI9ySWltV2urdgJruKbM0Q6pYrSCm83YTR8dk7SMiSppKJn6nyV8sw0PIsvEAJUADA8SHgjJZjog86qB1lRRrtrFe15xn8JTDw__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/USD Intraday: Downtrend.
Pivot Point:
1.0845
Trading Strategy:
Below 1.0845, bearish with target prices at 1.0815 and then 1.0800.
Alternative Strategy:
Above 1.0845, bullish with target prices set at 1.0860 and then 1.0875.
Technical Commentary:
The RSI technical indicator shows a complex trend, leaning towards a downside.
![39ddbd8e994149cc948c357e6c358f2e562](https://production-app-asset.traderknows.com/images/9ee1d15d1dd8412abe3c28d064b26b77.width-800.png?Expires=1728300326&Signature=X6vNMnQJjs4HdebKTsI3h~Hbw0GN5AQtaRFBiwtGD0NSuC4gOe7wbQjXlN8olFD~A0gEq8YK9tHICnHB9-NSwuYWz4ozyNi-NP~l8mDeqlzaf90cSfbSPrUwp8tMK3UXUs5RkwxB8IqzpS6GMEHhBhaRO5UHAwn9BaBo8ZZ0BgPastPvkfBtrqLv9csa-lLvEHLfdQDanQTrqqXF1AK0HOeolbVI6H03mABTbccLVeLCwRUYmaDi9EIEh8krk164VAWpSN1~YjCppYV7lcLzoeS6FX~Qs6LoebBI8UIA0eCpodI-ScfusZS6txFyPUmCqWSqAP7UzHvdP8VqQ3FlVw__&Key-Pair-Id=K3LHBTUA5A7KEY)
GBP/USD Intraday: Correction.
Pivot Point:
1.2745
Trading Strategy:
Below 1.2745, bearish with target prices at 1.2700 and then 1.2685.
Alternative Strategy:
Above 1.2745, bullish with target prices set at 1.2760 and then 1.2780.
Technical Commentary:
As long as resistance at 1.2745 holds, price movements are inclined to be bearish.
![39ddbd8e994149cc948c357e6c358f2e742](https://production-app-asset.traderknows.com/images/1af5417f1d4f424493109249d880799c.width-800.png?Expires=1728300326&Signature=HdP2yu33kD9DX2q-5qmweAJ8bna5DQVt-jNjxryxu-shzasdaPv9cmicU-aKcSHoA31cMxNjdMwvvMY6EU7SCGH6pyHCqQzHqdyH0IE1H67HeHuFfp5wzf8HKvZ2k-lqdkfMmJfYzOH~8IY1NLzJdhmlYYmmJdXo2xJUl4RSZksOmIURaBe1y8DFDoUkoo-X-4d2w2YwtaNpy5b1n7BTzi9oJG4PkKnGm4~cbl6T84vLRi58dOJLcHpY67NqKRtdFtU~MeHJxTx3o1JSZ7jUdafSCClPw6wjscPCVRajmTkgQsubc16~HS1F1gnc3k6pKUykmSYEA3SO0laqHv7NeQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/JPY Intraday: Gradually Down, with 168.49 as the Target if 170.19 Limits the Upside.
Pivot Point: 170.19
Trading Strategy:
Gradually down, with 168.49 as the target if 170.19 limits the upside.
Alternative Strategy:
If breaking 170.19, EUR/JPY targets 170.85 and 171.23.
Technical Commentary:
The RSI technical indicator is below 50. The MACD indicator shows a bullish state but is below its signal line. Additionally, the price is below its 20-day moving average (169.69) but above its 50-day moving average (169.65).
![39ddbd8e994149cc948c357e6c358f2e1013](https://production-app-asset.traderknows.com/images/9fcf72ed530b42118ffc76fe1aed4aa5.width-800.png?Expires=1728300326&Signature=nCugP-vgf7OjWK3dLrXcq-obN8MS5jdcob~NjDqVWtzSeMkwRgZk4UieokTld0T7Kc53WZdi4Lf5y1u~pUDyZ1j-mvTNoo6SJxBCQyAkC-Ugw76EJwZbwK3QoRg7fsp6Y8BXP9Y5Ctvsha4AW9u9lryu0lRLUNHrQQ75SIlCUsMUCehNXfoOpLPQKra~UujapWki03XfaeeaaiccmLy~FBWFlFSm2WMuvttiM80nEaL2XR292gKtjVAz0-kcvPtVb~QmKqKbQl9e1ln5Hi3if2AGalhOVsHulB5yEFpvULtt4KGTKuBoslpAz7fCE4TXiWK0z24OMwa16BgDp5DKXw__&Key-Pair-Id=K3LHBTUA5A7KEY)
EUR/GBP Intraday: Potential Uptrend, Target Price Set at 0.8529.
Pivot Point: 0.8498
Trading Strategy:
Potential uptrend, target price set at 0.8529.
Alternative Strategy:
A break below 0.8498 will lead to a continued downtrend, targeting 0.8486 and then 0.8479.
Technical Commentary:
The RSI technical indicator is below the neutral area of 50. The MACD indicator is above its signal line and bearish. Moreover, the price is below its 20-day and 50-day moving averages (at 0.8509 and 0.8514, respectively).
![39ddbd8e994149cc948c357e6c358f2e1259](https://production-app-asset.traderknows.com/images/1801bada11ac41bf9efb7ed9771fc3b0.width-800.png?Expires=1728300326&Signature=cjpR7K-H1HoTAu8Jm9IFmLI1eZSukXk9nO-oJ0uIovNbSEXCuhDdEC3lsKIUgCL3MB8hZjvR8BI5SJtJWVQUvqVOAwfPpuPWybCj856IfUXr2RZQsR~oyJKxReZbw8oC4ZBG~X7Ug~rtLfJFgU~QQayzqt1~goGzh3~PVeodAl94GhFlMmXfe82eA5Sv67QlGb0tObwNmbuj2IwLfZIo9Pk1Acvv5QLqh~zP9hjVJuV8sdvkVi4FkOnR-tnK~S1nZBFBBOFpZ5Nq2lRkf9EnrIfp8TCataSoUprCNHpGPi7t448wMoqG35eqRJUhd49Wcmn9937Suqi9-C06Bw23-Q__&Key-Pair-Id=K3LHBTUA5A7KEY)
USD/CHF Intraday: Bullish Above 0.9130.
Pivot Point:
0.9130
Trading Strategy:
Above 0.9130, bullish with target prices at 0.9160 and then 0.9175.
Alternative Strategy:
Below 0.9130, bearish with target prices set at 0.9115 and then 0.9100.
Technical Commentary:
Even though we cannot rule out the possibility of further adjustments, the duration should be limited.
![39ddbd8e994149cc948c357e6c358f2e1455](https://production-app-asset.traderknows.com/images/e227c5a55c0d41c2a3e1a62655ccbdb4.width-800.png?Expires=1728300326&Signature=pX-QmoqEA1X4eHyAkebWH-Y32KTAyhOwy~rgCv9ZVIsis~MsM81wuVphZU-QcowrL28cUM02Rq0Sl-i8vxAmzWvg5v4h0SbxODhO7Xw4DbKGfh1hlilPdIeekzmaromVCv7X7iZzyPrI7gSjlz249Mq1Kz0UrEYi75jIyLJ1RMLCQDIapD5CAg7ri0DgrTmamQGbWS4mdDnxAQCtlSITG-UoR9eGVIwW87WQC8aKJBlCFK8Gky733VL6Yrmnkhsdc9KVHXIlWf3DUveYlXwhIcw4smvGyyq~JMienhjhX52ZVqm17zaJc8g05cTIF1bhZnMvMXj9N90GbyvmKI5cgQ__&Key-Pair-Id=K3LHBTUA5A7KEY)
German DAX Futures (Eurex) Intraday: Short-Term Key Resistance at 18887.00.
Pivot Point:
18887.00
Trading Strategy:
Below 18887.00, bearish with target prices at 18730.00 and then 18665.00.
Alternative Strategy:
Above 18887.00, bullish with target prices set at 18965.00 and then 19018.00.
Technical Commentary:
As long as resistance at 18887.00 holds, price movements are inclined to be bearish.
![39ddbd8e994149cc948c357e6c358f2e1684](https://production-app-asset.traderknows.com/images/7d3b6df331dc42f0a5223cbb0c4c4061.width-800.png?Expires=1728300326&Signature=nCnKpQ3a~qEo79DLl3pQSE2jo~Gn9HHFmlqjsQsu29vMtMr-Fu2X8fIXdj2xWYHtEjMVoAcsU4EplbB5fqVuYyD~gLRk8uzUbwegtTjTVssiEy6LdXkDvyXDoe7Np61giL02w8k4V647tsFzABXR8ZV00h3xTw~DRe2wVurMAQE78NuoBaA1T0VrIT9K7v7E7TGoRBbOQggBXMS4yv06pJWSpUnWwMyhtc5iOcWYXF1td7pkeiKYuAIrgVm91mz3ylfaugH0HvcADxzrxYEBK2mHyYSSkSTi7dl8KVsBSMnUgjrhDthIdlJkVlm-qhrwvkrxq8K8OtWNGO~IHPuzZw__&Key-Pair-Id=K3LHBTUA5A7KEY)
Brent Crude Oil (ICE) Intraday: Downtrend.
Pivot Point:
82.05
Trading Strategy:
Below 82.05, bearish with target prices at 81.05 and then 80.30.
Alternative Strategy:
Above 82.05, bullish with target prices set at 82.50 and then 83.00.
Technical Commentary:
The RSI technical indicator is trending downwards.
![39ddbd8e994149cc948c357e6c358f2e1854](https://production-app-asset.traderknows.com/images/e389bd3876764ac1b86c69a72f81897d.width-800.png?Expires=1728300326&Signature=ztCvYusw01fA7Cm97~xbOTraZmR1ONLq5DkJQl5xyJVdCjQePNAznPSJoLDZo2wkgMwAEx1ihgNv6wr41bJlqTaVv4c~h4K7yVqCWCyDTbLroHW9qKGUS1C2V71gvMrUclqhq7Mi~z00gdVVH9Z9t2v534tniWog~gLAnXlGBJElSGclWgLgoO0UHf3V910qzECMAm1kyLOnM2q9n05vFosPkiw9J2X04aU-oLUh5aFGtFSUUhh8FQelZMep6CEyl~QeOTpJA1UCh8OgCTLALVXRJRwziunpuHID8Azue-atUCJ4l5G5m0HJgSNTcmmGx6am~eYGHWOLopJu5hDFzw__&Key-Pair-Id=K3LHBTUA5A7KEY)
UK FTSE 100 Futures Intraday: Short-Term Key Resistance at 8457.00.
Pivot Point:
8457.00
Trading Strategy:
Below 8457.00, bearish with target prices at 8377.00 and then 8331.00.
Alternative Strategy:
Above 8457.00, bullish with target prices set at 8489.00 and then 8507.00.
Technical Commentary:
As long as resistance at 8457.00 holds, price movements are inclined to be bearish.
![39ddbd8e994149cc948c357e6c358f2e2060](https://production-app-asset.traderknows.com/images/923fe0d091f44938831afdf0d28c852d.width-800.png?Expires=1728300326&Signature=fsJ-76zPUC8ytW8sSw8qIHpZ5kWd~sfGyDDG~xV5vgwSRWz2Muq~~2n8RQhKNO46lRF5yDttgOBcX2PT7oA37-Eh6i7iNVF6JZ1eeaBdK-UE8kWyRkvjTm04arb9BrNafULzhs3H-pAIaX~eC2KC9xIEBnfIR4pnpf5VmjCy9ZJmaw9lLS9IKZ2-W8bnbOgs3mTwUH16bl0lujTk0p3TqJwY5aC8LUtWr4t7QspZyXEEIhbKCywi9UJ1IgNFFkkGYPjKUpFR9MM90~vdvzW87Vxb9LH3b-oCluXP13SRiuJKvSUGC3mnWD7ElJQmq8qgwFkQO5RK7BTRTN4G7lo0mw__&Key-Pair-Id=K3LHBTUA5A7KEY)