Your Daily Trading Strategy Check-in - Deriv Broker Jul 01, 2025 Newsletter

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  Your Daily Trading Strategy Check-in - Deriv Broker Jul 01, 2025 Newsletter 

 


Here are today's directional views from the global research desks of Trading Central! These are starting points for your research to identify opportunities that make sense for you.
 

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GBP/USD Intraday: The bias remains bullish.
 
Pivot:
1.3719
 
Our preference:
Long positions above 1.3719 with targets at 1.3810 & 1.3840 in extension.
 
Alternative scenario:
Below 1.3719, look for further downside with 1.3685 & 1.3670 as targets.
 
Comment:
The RSI is bullish, indicating further upside potential.
 


EUR/USD Intraday: The bias remains bullish.
 
Pivot:
1.1750
 
Our preference:
Long positions above 1.1750 with targets at 1.1850 & 1.1890 in extension.
 
Alternative scenario:
Below 1.1750, look for further downside with 1.1730 & 1.1710 as targets.
 
Comment:
The RSI is bullish, indicating a potential further advance.
 


USD/CHF Intraday: The downside prevails.
 
Pivot:
0.7950
 
Our preference:
Short positions below 0.7950 with targets at 0.7860 & 0.7810 in extension.
 
Alternative scenario:
Above 0.7950, look for further upside with 0.7980 & 0.8000 as targets.
 
Comment:
The RSI is bearish, indicating a potential for further decline.
 


Euro Stoxx 50 (Eurex)‎ (U5)‎ Intraday: under pressure.
 
Pivot:
5332.00
 
Our preference:
Short positions below 5332.00 with targets at 5271.00 & 5245.00 in extension.
 
Alternative scenario:
Above 5332.00, look for further upside with 5350.00 & 5365.00 as targets.
 
Comment:
The RSI has broken down its 30 level.
 


Gold Intraday: The bias remains bullish.
 
Pivot:
3320.00
 
Our preference:
Long positions above 3320.00 with targets at 3350.00 & 3365.00 in extension.
 
Alternative scenario:
Below 3320.00, look for further downside, with 3307.00 and 3292.00 as potential targets.
 
Comment:
The immediate trend remains up, but the momentum is weak.
 


Dax (Eurex)‎ (U5)‎ Intraday: under pressure.
 
Pivot:
24110.00
 
Our preference:
Short positions below 24110.00 with targets at 23830.00 & 23680.00 in extension.
 
Alternative scenario:
Above 24110.00, look for further upside with 24208.00 & 24280.00 as targets.
 
Comment:
The RSI has broken down its 30 level.
 


CAC 40 (Euronext)‎ (N5)‎ Intraday: under pressure.
 
Pivot:
7695.00
 
Our preference:
Short positions below 7695.00 with targets at 7610.00 & 7570.00 in extension.
 
Alternative scenario:
Above 7695.00, look for further upside with 7719.00 & 7742.00 as targets.
 
Comment:
The RSI has just struck its neutral area at 50% and is reversing downward.
 


Brent (ICE)‎ (U5)‎ Intraday: further advance.
 
Pivot:
66.40
 
Our preference:
Long positions above 66.40 with targets at 67.80 & 68.40 in extension.
 
Alternative scenario:
Below 66.40, look for further downside with 66.20 & 65.90 as targets.
 
Comment:
The RSI advocates for further advances.
 

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