Your Daily Trading Strategy Check-in - Deriv Broker March 26, 2025 Newsletter

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Your Daily Trading Strategy Check-in - Deriv Broker March 26, 2025 Newsletter

 

 

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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.

Because of market volatility, some key levels may have already been reached, and specific scenarios may have already unfolded.

GBP/USD Intraday: under pressure.

 

Pivot:
1.2930
 
Our preference:
Short positions below 1.2930 with targets at 1.2860 & 1.2820 in extension.
 
Alternative scenario:
Above 1.2930, look for further upside with 1.2960 & 1.2970 as targets.
 
Comment:
The break below 1.2930 is a negative signal that has opened a path to 1.2860.
 


EUR/USD Intraday: capped by a negative trend line.
 
Pivot:
1.0810
 
Our preference:
Short positions below 1.0810 with targets at 1.0775 & 1.0755 in extension.
 
Alternative scenario:
Above 1.0810, look for further upside with 1.0830 & 1.0855 as targets.
 
Comment:
As long as 1.0810 is resistance, look for choppy price action with a bearish bias.
 


USD/CHF Intraday: intraday support is around 0.8820.
 
Pivot:
0.8820
 
Our preference:
Long positions above 0.8820 with targets at 0.8845 & 0.8865 in extension.
 
Alternative scenario:
Below 0.8820, look for further downside with 0.8810 & 0.8800 as targets.
 
Comment:
The RSI is mixed with a bullish bias.
 


Euro Stoxx 50 (Eurex)‎ (M5)‎ Intraday: key resistance at 5440.00.
 
Pivot:
5440.00
 
Our preference:
Short positions below 5440.00 with targets at 5380.00 & 5337.00 in extension.
 
Alternative scenario:
Above 5440.00, look for further upside with 5470.00 & 5489.00 as targets.
 
Comment:
The RSI is below its neutrality area at 50%
 


Gold Intraday: bullish bias above 3013.00.
 
Pivot:
3013.00
 
Our preference:
Long positions above 3013.00 with targets at 3036.00 & 3047.00 in extension.
 
Alternative scenario:
Below 3013.00, look for further downside, with 3008.00 and 3002.00 as potential targets.
 
Comment:
The RSI is mixed with a bullish bias.
 


Dax (Eurex)‎ (M5)‎ Intraday: key resistance at 23450.00.
 
Pivot:
23450.00
 
Our preference:
Short positions below 23450.00 with targets at 23160.00 & 23030.00 in extension.
 
Alternative scenario:
Above 23450.00, look for further upside with 23559.00 & 23635.00 as targets.
 
Comment:
As long as 23450.00 is resistance, look for choppy price action with a bearish bias.
 


Cac 40 (Euronext)‎ (J5)‎ Intraday: key resistance at 8160.00.
 
Pivot:
8160.00
 
Our preference:
Short positions below 8160.00 with targets at 8055.00 & 8020.00 in extension.
 
Alternative scenario:
Above 8160.00, look for further upside with 8195.00 & 8215.00 as targets.
 
Comment:
As long as 8160.00 is resistance, look for choppy price action with a bearish bias.
 


Brent (ICE)‎ (M5)‎ Intraday: intraday support is around 72.45.
 
Pivot:
72.45
 
Our preference:
Long positions above 72.45 with targets at 72.90 & 73.20 in extension.
 
Alternative scenario:
Below 72.45, look for further downside, with 72.10 and 71.90 as potential targets.
 
Comment:
The RSI is bullish, indicating further upside potential.
 

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