Your Daily Trading Strategy Check-in - Deriv Broker June 17, 2025 Newsletter

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Your Daily Trading Strategy Check-in - Deriv Broker June 17, 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: consolidation in place.
 
Pivot:
1.1585
 
Our preference:
Short positions below 1.1585 with targets at 1.1525 & 1.1495 in extension.
 
Alternative scenario:
Above 1.1585, look for further upside with 1.1610 & 1.1630 as targets.
 
Comment:
As long as 1.1585 remains a resistance level, it is likely to decline to 1.1525.
 


GBP/USD Intraday: the downside prevails.
 
Pivot:
1.3600
 
Our preference:
Short positions below 1.3600 with targets at 1.3530 & 1.3500 in extension.
 
Alternative scenario:
Above 1.3600 look for further upside with 1.3625 & 1.3650 as targets.
 
Comment:
A break below 1.3530 would trigger a drop towards 1.3500.
 


USD/CHF Intraday: technical rebound in a bearish trend.
 
Pivot:
0.8115
 
Our preference:
Long positions above 0.8115 with targets at 0.8155 & 0.8175 in extension.
 
Alternative scenario:
Below 0.8115, look for further downside with 0.8100 & 0.8085 as targets.
 
Comment:
The next resistances are at 0.8155 and then at 0.8175.
 


Euro Stoxx 50 (Eurex)‎ (M5)‎ Intraday: choppy.
 
Pivot:
5240.00
 
Our preference:
Long positions above 5240.00 with targets at 5307.00 & 5343.00 in extension.
 
Alternative scenario:
Below 5240.00, look for further downside, with 5229.00 and 5186.00 as potential targets.
 
Comment:
The RSI has just reached a support level of around 30% and is reversing upward.
 


Gold Intraday: rebound.
 
Pivot:
3374.00
 
Our preference:
Long positions above 3374.00 with targets at 3421.00 & 3435.00 in extension.
 
Alternative scenario:
Below 3374.00, look for further downside with 3360.00 & 3345.00 as targets.
 
Comment:
The RSI broke above a bearish trend line.
 


Dax (Eurex)‎ (M5)‎ Intraday: bullish bias above 23300.00.
 
Pivot:
23300.00
 
Our preference:
Long positions above 23300.00 with targets at 23555.00 & 23720.00 in extension.
 
Alternative scenario:
Below 23300.00, look for further downside, with 23150.00 and 22980.00 as potential targets.
 
Comment:
The RSI has just reached a support level of around 30% and is reversing upward.
 


CAC 40 (Euronext)‎ (M5)‎ Intraday: bullish bias above 7600.00.
 
Pivot:
7600.00
 
Our preference:
Long positions above 7600.00 with targets at 7723.00 & 7763.00 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 has just reached a support level of around 30% and is reversing upward.
 


Brent (ICE)‎ (Q5)‎ Intraday: the upside prevails.
 
Pivot:
72.15
 
Our preference:
Long positions above 72.15 with targets at 75.32 & 76.65 in extension.
 
Alternative scenario:
Below 72.15, look for further downside, with 70.50 and 69.25 as potential targets.
 
Comment:
The RSI is bullish and indicates a potential further advance.
 

 

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