Your Daily Trading Strategy Check-in - Deriv Broker March 27, 2025 Newsletter

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Your Daily Trading Strategy Check-in - Deriv Broker March 27, 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: further advance.
 
Pivot:
1.2890
 
Our preference:
Long positions above 1.2890 with targets at 1.2945 & 1.2965 in extension.
 
Alternative scenario:
Below 1.2890, look for further downside with 1.2870 & 1.2855 as targets.
 
Comment:
The RSI is bullish, indicating further upside potential.
 


EUR/USD Intraday: bullish bias above 1.0750.
 
Pivot:
1.0750
 
Our preference:
Long positions above 1.0750 with targets at 1.0800 & 1.0825 in extension.
 
Alternative scenario:
Below 1.0750, look for further downside with 1.0735 & 1.0710 as targets.
 
Comment:
The RSI is mixed with a bullish bias.
 


USD/CHF Intraday: key resistance at 0.8850.
 
Pivot:
0.8850
 
Our preference:
Short positions below 0.8850 with targets at 0.8805 & 0.8790 in extension.
 
Alternative scenario:
Above 0.8850, look for further upside with 0.8865 & 0.8880 as targets.
 
Comment:
As long as the resistance at 0.8850 is not surpassed, the risk of a break below 0.8805 remains high.
 

Euro Stoxx 50 (Eurex)‎ (M5)‎ Intraday: key resistance at 5339.00.

 
Pivot:
5339.00
 
Our preference:
Short positions below 5339.00 with targets at 5279.00 & 5244.00 in extension.
 
Alternative scenario:
Above 5339.00, look for further upside with 5369.00 & 5394.00 as targets.
 
Comment:
As long as the resistance at 5339.00 is not surpassed, the risk of a break below 5279.00 remains high.
 

Gold Intraday: further upside.

 
Pivot:
3034.00
 
Our preference:
Long positions above 3034.00 with targets at 3057.00 & 3070.00 in extension.
 
Alternative scenario:
Below 3034.00, look for further downside, with 3023.00 and 3013.00 as potential targets.
 
Comment:
The break above the resistance at 3034.00 triggered an upward acceleration to 3057.00.
 


Dax (Eurex)‎ (M5)‎ Intraday: intraday support around 22690.00.
 
Pivot:
22690.00
 
Our preference:
Long positions above 22690.00 with targets at 22970.00 & 23110.00 in extension.
 
Alternative scenario:
Below 22690.00, look for further downside, with 22600.00 and 22540.00 as potential targets.
 
Comment:
A support base at 22690.00 has formed, allowing for temporary stabilization.
 


Cac 40 (Euronext)‎ (J5)‎ Intraday: key resistance at 8030.00.
 
Pivot:
8030.00
 
Our preference:
Short positions below 8030.00 with targets at 7965.00 & 7938.00 in extension.
 
Alternative scenario:
Above 8030.00, look for further upside with 8069.00 & 8093.00 as targets.
 
Comment:
As long as 8030.00 is resistance, look for choppy price action with a bearish bias.
 


Brent (ICE)‎ (M5)‎ Intraday: break of an ST rising trendline support.
 
Pivot:
73.10
 
Our preference:
Short positions below 73.10 with targets at 72.50 & 72.20 in extension.
 
Alternative scenario:
Above 73.10, look for further upside with 73.35 & 73.50 as targets.
 
Comment:
The RSI is bearish and calls for further downside.
 

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