Your Daily Trading Strategy Check-in - Deriv Broker May 14, 2025 Newsletter

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Your Daily Trading Strategy Check-in - Deriv Broker May 14, 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: bullish bias above 1.1200.
 
Pivot:
1.1200
 
Our preference:
Long positions above 1.1200 with targets at 1.1290 & 1.1320 in extension.
 
Alternative scenario:
Below 1.1200, look for further downside with 1.1165 & 1.1145 as targets.
 
Comment:
The break above the resistance at 1.1200 triggered an upward acceleration to 1.1290.
 


GBP/USD Intraday: further advance.
 
Pivot:
1.3290
 
Our preference:
Long positions above 1.3290 with targets at 1.3370 & 1.3400 in extension.
 
Alternative scenario:
Below 1.3290, look for further downside with 1.3245 & 1.3200 as targets.
 
Comment:
The RSI is bullish, indicating further upside potential.
 


USD/CHF Intraday: under pressure.
 
Pivot:
0.8365
 
Our preference:
Short positions below 0.8365 with targets at 0.8310 & 0.8285 in extension.
 
Alternative scenario:
Above 0.8365, look for further upside with 0.8380 & 0.8400 as targets.
 
Comment:
The RSI is bearish, indicating a potential for further decline.
 


Euro Stoxx 50 (Eurex)‎ (M5)‎ Intraday: bullish bias above 5324.00.
 
Pivot:
5324.00
 
Our preference:
Long positions above 5324.00 with targets at 5408.00 & 5446.00 in extension.
 
Alternative scenario:
Below 5324.00, look for further downside, with 5295.00 and 5260.00 as potential targets.
 
Comment:
The RSI is around its neutrality area at 50%
 


Dax (Eurex)‎ (M5)‎ Intraday: key resistance at 23772.00.
 
Pivot:
23772.00
 
Our preference:
Short positions below 23772.00 with targets at 23533.00 & 23440.00 in extension.
 
Alternative scenario:
Above 23772.00, look for further upside with 23891.00 & 24015.00 as targets.
 
Comment:
The RSI lacks momentum.
 


CAC 40 (Euronext)‎ (K5)‎ Intraday: the upside prevails.
 
Pivot:
7780.00
 
Our preference:
Long positions above 7780.00 with targets at 7880.00 & 7939.00 in extension.
 
Alternative scenario:
Below 7,780.00, look for further downside with 7,735.00 and 7,700.00 as targets.
 
Comment:
The RSI is mixed, indicating a need for caution.
 


Brent (ICE)‎ (N5)‎ Intraday: the downside prevails.
 
Pivot:
66.50
 
Our preference:
Short positions below 66.50 with targets at 65.45 & 65.10 in extension.
 
Alternative scenario:
Above 66.50, look for further upside with 66.80 & 67.00 as targets.
 
Comment:
The RSI is bearish, indicating a potential for further decline.
 


Gold Intraday: consolidation in place.
 
Pivot:
3250.00
 
Our preference:
Short positions below 3250.00 with targets at 3207.00 & 3190.00 in extension.
 
Alternative scenario:
Above 3250.00, look for further upside with 3265.00 & 3287.00 as targets.
 
Comment:
As long as the resistance at 3250.00 is not surpassed, the risk of the break below 3207.00 remains high.
 

 

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