Yesterday, 01:35 PM
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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.
EUR/USD Intraday: the downside prevails.
Pivot:
1.1675
Our preference:
Short positions below 1.1675 with targets at 1.1645 & 1.1615 in extension.
Alternative scenario:
Above 1.1675 look for further upside with 1.1705 & 1.1730 as targets.
Comment:
The immediate trend remains down, and the momentum is strong.
![[Image: 74_20250728130228.gif]](https://ci3.googleusercontent.com/meips/ADKq_NaWE_Ih-uTTD0fOc1jgGxSsZUxhGphFVQLAuwm5LCHsKsDwV8YW8jep3uI1uOLP_8V_7fEsmCAqw0DZJjziZZrF4DjNXj_xtNNr6E9qwjED7FoIcQ=s0-d-e1-ft#https://charts.tradingcentral.com/charts/74_20250728130228.gif)
GBP/USD Intraday: the downside prevails.
Pivot:
1.3455
Our preference:
Short positions below 1.3455 with targets at 1.3390 & 1.3360 in extension.
Alternative scenario:
Above 1.3455 look for further upside with 1.3485 & 1.3505 as targets.
Comment:
As long as 1.3455 is resistance, look for choppy price action with a bearish bias.
![[Image: 76_20250728130229.gif]](https://ci3.googleusercontent.com/meips/ADKq_Na-5zXfDRJkQqxS6S6dOF95GgyZQ3NGETevuigBYlM2wUn1crPlvp96ldhCnMHPEvLx65Tgf-_2XgLAyjGzqtYzOtleMI5_DQywI_HWS6hiGUbYdQ=s0-d-e1-ft#https://charts.tradingcentral.com/charts/76_20250728130229.gif)
USD/CHF Intraday: continuation of the rebound.
Pivot:
0.7985
Our preference:
Long positions above 0.7985 with targets at 0.8025 & 0.8045 in extension.
Alternative scenario:
Below 0.7985 look for further downside with 0.7965 & 0.7945 as targets.
Comment:
Investors must remain cautious, as these levels may trigger profit-taking.
![[Image: 77_20250728130231.gif]](https://ci3.googleusercontent.com/meips/ADKq_NbNw6B1IDuuTJ1Zl62SbcXMYsA06h7BlSsisDYB1QB3X3zou8g1wLwDyuRVnCkSikgxeJn9_DiPsjkXZ-tIbg5XPKYX_A0EhusVd2Xv_Z1KtIFHlA=s0-d-e1-ft#https://charts.tradingcentral.com/charts/77_20250728130231.gif)
Euro Stoxx 50 (Eurex) (U5) Intraday: consolidation in place.
Pivot:
5449.00
Our preference:
Short positions below 5449.00 with targets at 5390.00 & 5374.00 in extension.
Alternative scenario:
Above 5449.00 look for further upside with 5470.00 & 5485.00 as targets.
Comment:
The RSI has just broken down its overbought area (70%).
![[Image: 23360_20250728110810.gif]](https://ci3.googleusercontent.com/meips/ADKq_NZrPkZx8vMK9OGRipoowKIrZfyIRU4YWkMS9opLA6Pu24Py0qEEKu355fOxK6Odl-wLyd6Fik0GU8H3Cg50Ez2F2KZFmyqPtZadApr6qnZTH2ecHBXjvQ=s0-d-e1-ft#https://charts.tradingcentral.com/charts/23360_20250728110810.gif)
Dax (Eurex) (U5) Intraday: choppy.
Pivot:
24560.00
Our preference:
Short positions below 24560.00 with targets at 24330.00 & 24150.00 in extension.
Alternative scenario:
Above 24560.00 look for further upside with 24650.00 & 24760.00 as targets.
Comment:
As long as 24560.00 is resistance, look for choppy price action with a bearish bias.
![[Image: 23359_20250728110805.gif]](https://ci3.googleusercontent.com/meips/ADKq_NbTovfdsPPK6B8ZCJPoNLSaBw4dRlk90VZX3KuOrt9kEsxy0v2rQmi-9cctm4Ftl9ELS5Oo71cmAizg2W3s3hABTiqZUf1lwByIb-xKMzEIVtyGVl5XMQ=s0-d-e1-ft#https://charts.tradingcentral.com/charts/23359_20250728110805.gif)
CAC 40 (Euronext) (Q5) Intraday: choppy.
Pivot:
7955.00
Our preference:
Short positions below 7955.00 with targets at 7879.00 & 7821.00 in extension.
Alternative scenario:
Above 7955.00 look for further upside with 7995.00 & 8035.00 as targets.
Comment:
The RSI lacks momentum.
![[Image: 23358_20250728110801.gif]](https://ci3.googleusercontent.com/meips/ADKq_NblbJtUoHFU9dbwx5Ra7AW9FyA0SCw2th0Iqz2mafl0akrfxE2XsAL3rlH7VQhf8UVKF9zoFB04lcMNjhfX9B6M_8elCNCeStkou3jsnUMr684v2JOR6Q=s0-d-e1-ft#https://charts.tradingcentral.com/charts/23358_20250728110801.gif)
Brent (ICE) (V5) Intraday: further advance.
Pivot:
67.95
Our preference:
Long positions above 67.95 with targets at 68.65 & 69.00 in extension.
Alternative scenario:
Below 67.95 look for further downside with 67.70 & 67.35 as targets.
Comment:
The RSI is bullish, indicating further upside potential.
![[Image: 180_20250728131553.gif]](https://ci3.googleusercontent.com/meips/ADKq_NbXgbCJpuvphY09_8UOucu97qKisWkkCIc4i1vIkvfDnQ41iY2HiQdyRPnstRsh8RrvdFhEmqUeQWhmOjltDMkgCxWbUYoPIQxLiCBFnbniQlehYCU=s0-d-e1-ft#https://charts.tradingcentral.com/charts/180_20250728131553.gif)
Gold Intraday: the downside prevails.
Pivot:
3350.00
Our preference:
Short positions below 3350.00 with targets at 3322.00 & 3309.00 in extension.
Alternative scenario:
Above $3,350.00, look for further upside with $3,365.00 and $3,375.00 as targets.
Comment:
As long as 3350.00 is resistance, it is likely to decline to 3322.00.
![[Image: 169_20250728132555.gif]](https://ci3.googleusercontent.com/meips/ADKq_NaEdhp1DFZpM-k3GwnTp252LYsON5zL9lSbMjcW31hl0gPMiOsaOzFhvk9FlsLk8iUWNftspcpnFRLmKSu-kDKmaJ1qWzLD5rPRX-V5ZE8ItmxB-Q0=s0-d-e1-ft#https://charts.tradingcentral.com/charts/169_20250728132555.gif)