Your Daily Trading Strategy Check-in - Deriv Broker Jul 22, 2025 Newsletter

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  Your Daily Trading Strategy Check-in - Deriv Broker Jul 22, 2025 Newsletter 

 


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

GBP/USD Intraday: the bias remains bullish.
 
Pivot:
1.3455
 
Our preference:
Long positions above 1.3455 with targets at 1.3510 & 1.3530 in extension.
 
Alternative scenario:
Below 1.3455 look for further downside with 1.3430 & 1.3400 as targets.
 
Comment:
Intraday technical indicators are mixed and call for caution.
 


EUR/USD Intraday: supported by a rising trend line.
 
Pivot:
1.1660
 
Our preference:
Long positions above 1.1660 with targets at 1.1715 & 1.1740 in extension.
 
Alternative scenario:
Below 1.1660 look for further downside with 1.1635 & 1.1615 as targets.
 
Comment:
The next resistances are at 1.1715 and then at 1.1740.
 


USD/CHF Intraday: under pressure.
 
Pivot:
0.8000
 
Our preference:
Short positions below 0.8000 with targets at 0.7960 & 0.7945 in extension.
 
Alternative scenario:
Above 0.8000 look for further upside with 0.8020 & 0.8035 as targets.
 
Comment:
A break below 0.7960 would trigger a drop towards 0.7945.
 


Euro Stoxx 50 (Eurex)‎ (U5)‎ Intraday: the downside prevails.
 
Pivot:
5358.00
 
Our preference:
Short positions below 5358.00 with targets at 5314.00 & 5301.00 in extension.
 
Alternative scenario:
Above 5358.00 look for further upside with 5375.00 & 5390.00 as targets.
 
Comment:
The RSI lacks momentum.
 


Gold Intraday: the upside prevails.
 
Pivot:
3380.00
 
Our preference:
Long positions above 3380.00 with targets at 3402.00 & 3415.00 in extension.
 
Alternative scenario:
Below 3380.00 look for further downside with 3370.00 & 3360.00 as targets.
 
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
 


Dax (Eurex)‎ (U5)‎ Intraday: the downside prevails.
 
Pivot:
24360.00
 
Our preference:
Short positions below 24360.00 with targets at 24190.00 & 24109.00 in extension.
 
Alternative scenario:
Above 24360.00 look for further upside with 24423.00 & 24517.00 as targets.
 
Comment:
The immediate trend remains down but the momentum is weak.
 

Cac 40 (Euronext)‎ (Q5)‎ Intraday: under pressure.
 
Pivot:
7810.00
 
Our preference:
Short positions below 7810.00 with targets at 7762.00 & 7740.00 in extension.
 
Alternative scenario:
Above 7810.00 look for further upside with 7835.00 & 7851.00 as targets.
 
Comment:
The immediate trend remains down but the momentum is weak.
 


Brent (ICE)‎ (U5)‎ Intraday: under pressure.
 
Pivot:
69.25
 
Our preference:
Short positions below 69.25 with targets at 68.30 & 67.70 in extension.
 
Alternative scenario:
Above 69.25 look for further upside with 69.85 & 70.30 as targets.
 
Comment:
Intraday technical indicators lack momentum.