Explore the latest market insights from the global research department at the Trading Center today. Discover new trading methods and opportunities from popular trading products.
EUR/USD GBP/USD Spot Gold EUR/JPY EUR/GBP USD/CHF Germany DAX Index Futures (Eurex) Brent Crude (ICE) UK FTSE 100 Index Futures
Note: Due to market volatility, prices may have crossed key levels, rendering strategies ineffective.
Spot Gold Today: Ultra-short term (intraday) support around 2120.00.
Pivot Point:
2120.00
Trading Strategy:
Bullish above 2120.00, with target levels at 2141.00, followed by 2150.00.
Alternative Strategy:
Bearish below 2120.00, with target levels at 2110.00, followed by 2095.00.
Technical Commentary:
Ultra-short term (intraday) technical indicators are complex, proceed with caution.
GBP/USD Today: Uptrend.
Pivot Point:
1.2680
Trading Strategy:
Bullish above 1.2680, with target levels at 1.2710, followed by 1.2735.
Alternative Strategy:
Bearish below 1.2680, with target levels at 1.2665, followed by 1.2650.
Technical Commentary:
RSI technical indicators are complex, showing a tendency to rise.
EUR/USD Today: Uptrend.
Pivot Point:
1.0840
Trading Strategy:
Bullish above 1.0840, with target levels at 1.0875, followed by 1.0890.
Alternative Strategy:
Bearish below 1.0840, with target levels at 1.0825, followed by 1.0810.
Technical Commentary:
RSI technical indicators are trending upwards.
EUR/JPY Today: Possible rise, with a target level at 163.38.
Pivot Point: 162.34.
Trading Strategy:
Possible rise, with a target level at 163.38.
Alternative Strategy:
A break below 162.34 may trigger a downtrend, with target levels at 161.94, followed by 161.70.
Technical Commentary:
RSI technical indicators are below the neutral zone of 50. MACD indicators are bearish, above their signal line. Additionally, the price is below its 20-day and 50-day moving averages (located at 162.75 and 162.94 respectively).
EUR/GBP Today: Possible rise, with a target level at 0.8561.
Pivot Point:
0.8535
Trading Strategy:
Possible rise, with a target level at 0.8561.
Alternative Strategy:
A break below 0.8535 targets the EUR/GBP at 0.8525 and 0.8519.
Technical Commentary:
RSI technical indicators are below 50. MACD indicators are bearish, above their signal line. Furthermore, the price is below its 20-day and 50-day moving averages (currently at 0.8544 and 0.8548).
USD/CHF Today: Adjustment.
Pivot Point:
0.8865
Trading Strategy:
Bearish below 0.8865, with target levels at 0.8825, followed by 0.8805.
Alternative Strategy:
Bullish above 0.8865, with target levels at 0.8880, followed by 0.8895.
Technical Commentary:
RSI technical indicators are complex, showing a tendency to fall.
Germany DAX Index Futures (Eurex) (H4) Today: Short-term adjustment.
Pivot Point:
17730.00
Trading Strategy:
Bearish below 17730.00, with target levels at 17655.00, followed by 17600.00.
Alternative Strategy:
Bullish above 17730.00, with target levels at 17775.00, followed by 17817.00.
Technical Commentary:
As long as the resistance at 17730.00 remains, there's a bearish trend in price fluctuations.
Brent Crude (ICE) (K4) Today: No significant change in trend.
Pivot Point:
82.70
Trading Strategy:
Bearish below 82.70, with target levels at 81.70, followed by 81.30.
Alternative Strategy:
Bullish above 82.70, with target levels at 83.10, followed by 83.60.
Technical Commentary:
As long as the resistance at 82.70 remains, there's a bearish trend in price fluctuations.
UK FTSE 100 Index Futures Today: Short-term key resistance at 7630.00.
Pivot Point:
7630.00
Trading Strategy:
Bearish below 7630.00, with target levels at 7575.00, followed by 7545.00.
Alternative Strategy:
Bullish above 7630.00, with target levels at 7643.00, followed by 7656.00.
Technical Commentary:
As long as the resistance at 7630.00 remains, there's a bearish trend in price fluctuations.
