Your Daily Trading Strategy Check-in - Deriv Broker June 16, 2025 Newsletter

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Your Daily Trading Strategy Check-in - Deriv Broker June 16, 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: target 1.1600.
 
Pivot:
1.1540
 
Our preference:
Long positions above 1.1540 with targets at 1.1600 & 1.1630 in extension.
 
Alternative scenario:
Below 1.1540, look for further downside with 1.1505 & 1.1460 as targets.
 
Comment:
The next resistances are at 1.1600 and then at 1.1630.
 


GBP/USD Intraday: look for 1.3630.
 
Pivot:
1.3530
 
Our preference:
Long positions above 1.3530 with targets at 1.3630 & 1.3670 in extension.
 
Alternative scenario:
Below 1.3530, look for further downside with 1.3500 & 1.3460 as targets.
 
Comment:
The RSI is bullish, indicating further upside potential.
 


USD/CHF Intraday: The downside prevails.
 
Pivot:
0.8150
 
Our preference:
Short positions below 0.8150 with targets at 0.8087 & 0.8055 in extension.
 
Alternative scenario:
Above 0.8150, look for further upside with 0.8175 & 0.8190 as targets.
 
Comment:
Technically, the RSI is below its neutrality area at 50.
 


Euro Stoxx 50 (Eurex)‎ (M5)‎ Intraday: continuation of the rebound.
 
Pivot:
5240.00
 
Our preference:
Long positions above 5240.00 with targets at 5326.00 & 5367.00 in extension.
 
Alternative scenario:
Below 5240.00, look for further downside, with 5229.00 and 5186.00 as potential targets.
 
Comment:
The RSI is bullish and indicates further upside potential.
 


Dax (Eurex)‎ (M5)‎ Intraday: continuation of the rebound.
 
Pivot:
23300.00
 
Our preference:
Long positions above 23300.00 with targets at 23645.00 & 23780.00 in extension.
 
Alternative scenario:
Below 23300.00, look for further downside, with 23150.00 and 22980.00 as potential targets.
 
Comment:
The RSI is bullish, indicating a potential further advance.
 


CAC 40 (Euronext)‎ (M5)‎ Intraday: bullish bias above 7600.00.
 
Pivot:
7600.00
 
Our preference:
Long positions above 7600.00 with targets at 7763.00 & 7775.00 in extension.
 
Alternative scenario:
Below 7,600.00, look for further downside with 7,540.00 and 7,512.00 as targets.
 
Comment:
The RSI is bullish and indicates a potential further advance.
 


Brent (ICE)‎ (Q5)‎ Intraday: consolidation in place.
 
Pivot:
75.66
 
Our preference:
Short positions below 75.66 with targets at 72.10 & 70.50 in extension.
 
Alternative scenario:
Above 75.66, look for further upside with 76.85 & 78.40 as targets.
 
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
 


Gold Intraday: towards 3444.00.
 
Pivot:
3398.00
 
Our preference:
Long positions above 3398.00 with targets at 3444.00 & 3465.00 in extension.
 
Alternative scenario:
Below 3398.00, look for further downside, with 3377.00 and 3360.00 as potential targets.
 
Comment:
The RSI broke above a declining trend line.
 

 

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