Your Daily Trading Strategy Check-in - Deriv Broker June 20, 2025 Newsletter

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 Your Daily Trading Strategy Check-in - Deriv Broker June 20, 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: The bias remains bullish.
 
Pivot:
1.3450
 
Our preference:
Long positions above 1.3450 with targets at 1.3535 & 1.3570 in extension.
 
Alternative scenario:
Below 1.3450, look for further downside with 1.3420 & 1.3400 as targets.
 
Comment:
The RSI advocates for further upside.
 


EUR/USD Intraday: further upside.
 
Pivot:
1.1485
 
Our preference:
Long positions above 1.1485 with targets at 1.1555 & 1.1575 in extension.
 
Alternative scenario:
Below 1.1485, look for further downside with 1.1455 & 1.1430 as targets.
 
Comment:
The next resistances are at 1.1555 and then at 1.1575.
 


USD/CHF Intraday: range.
 
Pivot:
0.8190
 
Our preference:
Short positions below 0.8190 with targets at 0.8140 & 0.8120 in extension.
 
Alternative scenario:
Above 0.8190, look for further upside with 0.8215 & 0.8235 as targets.
 
Comment:
The immediate trend remains down, but the momentum is weak.
 


Euro Stoxx 50 (Eurex)‎ (U5)‎ Intraday: choppy.
 
Pivot:
5275.00
 
Our preference:
Short positions below 5275.00 with targets at 5227.00 & 5206.00 in extension.
 
Alternative scenario:
Above 5275.00, look for further upside with 5298.00 & 5318.00 as targets.
 
Comment:
The RSI is mixed with a bearish bias.
 


Gold Intraday: key resistance at 3361.00.
 
Pivot:
3361.00
 
Our preference:
Short positions below 3361.00 with targets at 3335.00 & 3321.00 in extension.
 
Alternative scenario:
Above 3361.00, look for further upside with 3375.00 & 3385.00 as targets.
 
Comment:
The upward potential is likely to be limited by the resistance at 3361.00.
 


Dax (Eurex)‎ (U5)‎ Intraday: choppy.
 
Pivot:
23425.00
 
Our preference:
Short positions below 23425.00 with targets at 23260.00 & 23145.00 in extension.
 
Alternative scenario:
Above 23425.00, look for further upside with 23510.00 & 23555.00 as targets.
 
Comment:
The upward potential is likely to be limited by the resistance at 23425.00.
 


CAC 40 (Euronext)‎ (N5)‎ Intraday: choppy.
 
Pivot:
7655.00
 
Our preference:
Short positions below 7655.00 with targets at 7552.00 & 7520.00 in extension.
 
Alternative scenario:
Above 7655.00, look for further upside with 7691.00 & 7705.00 as targets.
 
Comment:
The RSI is mixed to bearish.
 


Brent (ICE)‎ (Q5)‎ Intraday: The bias remains bullish.
 
Pivot:
76.10
 
Our preference:
Long positions above 76.10 with targets at 77.90 & 79.00 in extension.
 
Alternative scenario:
Below 76.10, look for further downside, with 75.30 and 74.40 as potential targets.
 
Comment:
The next resistances are at 77.90 and then at 79.00.
 

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