Your Daily Trading Strategy Check-in - Deriv Broker June 10, 2025 Newsletter

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Your Daily Trading Strategy Check-in - Deriv Broker June 10, 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.
 

Click Here to Read Deriv Broker Forex Platforms Review

 
GBP/USD Intraday: under pressure.
 
Pivot:
1.3520
 
Our preference:
Short positions below 1.3520 with targets at 1.3465 & 1.3445 in extension.
 
Alternative scenario:
Above 1.3520, look for further upside with 1.3560 & 1.3580 as targets.
 
Comment:
The RSI advocates for further downside.
 


EUR/USD Intraday: under pressure.
 
Pivot:
1.1440
 
Our preference:
Short positions below 1.1440 with targets at 1.1370 & 1.1350 in extension.
 
Alternative scenario:
Above 1.1440, look for further upside with 1.1460 & 1.1480 as targets.
 
Comment:
As long as 1.1440 is resistance, look for choppy price action with a bearish bias.
 


USD/CHF Intraday: further upside.
 
Pivot:
0.8200
 
Our preference:
Long positions above 0.8200 with targets at 0.8245 & 0.8260 in extension.
 
Alternative scenario:
Below 0.8200, look for further downside with 0.8185 & 0.8170 as targets.
 
Comment:
A support base at 0.8200 has formed, allowing for temporary stabilization.
 


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.
 


Gold Intraday: further advance.
 
Pivot:
3322.00
 
Our preference:
Long positions above 3322.00 with targets at 3348.00 & 3360.00 in extension.
 
Alternative scenario:
Below 3322.00, look for further downside, with 3304.00 and 3293.00 as potential targets.
 
Comment:
The RSI is bullish and indicates a potential further advance.
 


Dax (Eurex)‎ (M5)‎ Intraday: under pressure.
 
Pivot:
24155.00
 
Our preference:
Short positions below 24155.00 with targets at 24000.00 & 23870.00 in extension.
 
Alternative scenario:
Above 24155.00, look for further upside with 24260.00 & 24324.00 as targets.
 
Comment:
As long as the resistance at 24155.00 is not surpassed, the risk of the break below 24000.00 remains high.
 


CAC 40 (Euronext)‎ (M5)‎ Intraday: consolidation in place.
 
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 lacks momentum.
 


Brent (ICE)‎ (Q5)‎ Intraday: further upside.
 
Pivot:
67.00
 
Our preference:
Long positions above 67.00 with targets at 68.00 & 68.40 in extension.
 
Alternative scenario:
Below 67.00, look for further downside, with 66.60 and 66.10 as potential targets.
 
Comment:
The RSI is bullish and indicates further upside potential.
 

 

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