Your Daily Trading Strategy Check-in - Deriv Broker June 11, 2025 Newsletter

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Your Daily Trading Strategy Check-in - Deriv Broker June 11, 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: continuation of the rebound.
 
Pivot:
1.3535
 
Our preference:
Long positions above 1.3535 with targets at 1.3615 & 1.3640 in extension.
 
Alternative scenario:
Below 1.3535, look for further downside with 1.3500 & 1.3470 as targets.
 
Comment:
The next resistances are at 1.3615 and then at 1.3640.
 


EUR/USD Intraday: further advance.
 
Pivot:
1.1530
 
Our preference:
Long positions above 1.1530 with targets at 1.1620 & 1.1650 in extension.
 
Alternative scenario:
Below 1.1530, look for further downside with 1.1455 & 1.1405 as targets.
 
Comment:
The next resistances are at 1.1620 and then at 1.1650.
 


USD/CHF Intraday: the downside prevails.
 
Pivot:
0.8160
 
Our preference:
Short positions below 0.8160 with targets at 0.8100 & 0.8075 in extension.
 
Alternative scenario:
Above 0.8160, look for further upside with 0.8175 & 0.8190 as targets.
 
Comment:
As long as the resistance at 0.8160 is not surpassed, the risk of the break below 0.8100 remains high.
 


Euro Stoxx 50 (Eurex)‎ (M5)‎ Intraday: the downside prevails.
 
Pivot:
5370.00
 
Our preference:
Short positions below 5370.00 with targets at 5312.00 & 5290.00 in extension.
 
Alternative scenario:
Above 5370.00, look for further upside with 5388.00 & 5405.00 as targets.
 
Comment:
The RSI has broken down its 30 level.
 


Gold Intraday: further advance.
 
Pivot:
3345.00
 
Our preference:
Long positions above 3345.00 with targets at 3402.00 & 3440.00 in extension.
 
Alternative scenario:
Below 3345.00, look for further downside, with 3332.00 and 3320.00 as potential targets.
 
Comment:
The next resistances are at 3402.00 and then at 3440.00.
 


Dax (Eurex)‎ (M5)‎ Intraday: the downside prevails.
 
Pivot:
23840.00
 
Our preference:
Short positions below 23840.00 with targets at 23560.00 & 23410.00 in extension.
 
Alternative scenario:
Above 23840.00, look for further upside with 23960.00 & 24110.00 as targets.
 
Comment:
The RSI has broken down its 30 level.
 


CAC 40 (Euronext)‎ (M5)‎ Intraday: the downside prevails.
 
Pivot:
7770.00
 
Our preference:
Short positions below 7770.00 with targets at 7690.00 & 7660.00 in extension.
 
Alternative scenario:
Above 7770.00, look for further upside with 7800.00 & 7830.00 as targets.
 
Comment:
The RSI has broken down its 30 level.
 


Brent (ICE)‎ (Q5)‎ Intraday: the downside prevails.
 
Pivot:
69.95
 
Our preference:
Short positions below 69.95 with targets at 68.30 & 67.50 in extension.
 
Alternative scenario:
Above 69.95, look for further upside with 70.80 & 71.30 as targets.
 
Comment:
As long as 69.95 is resistance, expect a return to 68.30.
 

 

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