Your Daily Trading Strategy Check-in - Deriv Broker June 09, 2025 Newsletter

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Your Daily Trading Strategy Check-in - Deriv Broker June 09, 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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EUR/USD Intraday: further upside.
 
Pivot:
1.1380
 
Our preference:
Long positions above 1.1380 with targets at 1.1455 & 1.1490 in extension.
 
Alternative scenario:
Below 1.1380, look for further downside with 1.1355 & 1.1335 as targets.
 
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
 


GBP/USD Intraday: bullish bias above 1.3510.
 
Pivot:
1.3510
 
Our preference:
Long positions above 1.3510 with targets at 1.3590 & 1.3612 in extension.
 
Alternative scenario:
Below 1.3510, look for further downside with 1.3485 & 1.3470 as targets.
 
Comment:
The next resistances are at 1.3590 and then at 1.3612.
 


USD/CHF Intraday: under pressure.
 
Pivot:
0.8225
 
Our preference:
Short positions below 0.8225 with targets at 0.8185 & 0.8170 in extension.
 
Alternative scenario:
Above 0.8225, look for further upside with 0.8250 & 0.8265 as targets.
 
Comment:
The upward potential is likely to be limited by the resistance at 0.8225.
 


Euro Stoxx 50 (Eurex)‎ (M5)‎ Intraday: bullish bias above 5374.00.
 
Pivot:
5374.00
 
Our preference:
Long positions above 5374.00 with targets at 5438.00 & 5470.00 in extension.
 
Alternative scenario:
Below 5374.00, look for further downside, with 5355.00 and 5330.00 as potential targets.
 
Comment:
The RSI is mixed, indicating a cautious approach.
 


Dax (Eurex)‎ (M5)‎ Intraday: bullish bias above 24150.00.
 
Pivot:
24150.00
 
Our preference:
Long positions above 24150.00 with targets at 24389.00 & 24491.00 in extension.
 
Alternative scenario:
Below 24150.00, look for further downside, with 24010.00 and 23880.00 as potential targets.
 
Comment:
The RSI is mixed, indicating a cautious approach.
 


CAC 40 (Euronext)‎ (M5)‎ Intraday: bullish bias above 7735.00.
 
Pivot:
7735.00
 
Our preference:
Long positions above 7735.00 with targets at 7815.00 & 7848.00 in extension.
 
Alternative scenario:
Below 7735.00, look for further downside, with 7700.00 and 7660.00 as potential targets.
 
Comment:
The RSI is mixed with a bullish bias.
 


Brent (ICE)‎ (Q5)‎ Intraday: further advance.
 
Pivot:
65.80
 
Our preference:
Long positions above 65.80 with targets at 67.00 & 67.50 in extension.
 
Alternative scenario:
Below 65.80, look for further downside, with 65.30 and 64.80 as potential targets.
 
Comment:
The RSI is bullish, indicating further upside potential.
 


Gold Intraday: continuation of the rebound.
 
Pivot:
3307.00
 
Our preference:
Long positions above 3307.00 with targets at 3336.00 & 3350.00 in extension.
 
Alternative scenario:
Below 3307.00, look for further downside, with 3293.00 and 3280.00 as potential targets.
 
Comment:
The RSI calls for a rebound.
 

 

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