Your Daily Trading Strategy Check-in - Deriv Broker May 19, 2025 Newsletter

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Your Daily Trading Strategy Check-in - Deriv Broker May 19, 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: further upside.
 
Pivot:
1.1230
 
Our preference:
Long positions above 1.1230 with targets at 1.1290 & 1.1315 in extension.
 
Alternative scenario:
Below 1.1230, look for further downside with 1.1195 & 1.1165 as targets.
 
Comment:
The break above 1.1230 is a positive signal that has opened a path to 1.1290.
 


GBP/USD Intraday: bullish bias above 1.3345.
 
Pivot:
1.3345
 
Our preference:
Long positions above 1.3345 with targets at 1.3400 & 1.3420 in extension.
 
Alternative scenario:
Below 1.3345, look for further downside with 1.3310 & 1.3290 as targets.
 
Comment:
The RSI is bullish and indicates further upside potential.
 


USD/CHF Intraday: The downside prevails.
 
Pivot:
0.8365
 
Our preference:
Short positions below 0.8365 with targets at 0.8305 & 0.8280 in extension.
 
Alternative scenario:
Above 0.8365, look for further upside with 0.8385 & 0.8400 as targets.
 
Comment:
The RSI is bearish, indicating a potential for further decline.
 


Euro Stoxx 50 (Eurex)‎ (M5)‎ Intraday: under pressure.
 
Pivot:
5415.00
 
Our preference:
Short positions below 5415.00 with targets at 5380.00 & 5355.00 in extension.
 
Alternative scenario:
Above 5415.00, look for further upside with 5432.00 & 5444.00 as targets.
 
Comment:
The RSI is bearish and calls for further downside.
 


Dax (Eurex)‎ (M5)‎ Intraday: caution.
 
Pivot:
23720.00
 
Our preference:
Long positions above 23720.00 with targets at 23860.00 & 23929.00 in extension.
 
Alternative scenario:
Below 23720.00, look for further downside, with 23643.00 and 23570.00 as potential targets.
 
Comment:
The RSI is mixed, indicating a need for caution.
 


CAC 40 (Euronext)‎ (M5)‎ Intraday: under pressure.
 
Pivot:
7839.00
 
Our preference:
Short positions below 7839.00 with targets at 7780.00 & 7751.00 in extension.
 
Alternative scenario:
Above 7839.00, look for further upside with 7855.00 & 7874.00 as targets.
 
Comment:
As long as 7839.00 is resistance, look for choppy price action with a bearish bias.
 


Brent (ICE)‎ (N5)‎ Intraday: the downside prevails.
 
Pivot:
65.15
 
Our preference:
Short positions below 65.15 with targets at 64.05 & 63.50 in extension.
 
Alternative scenario:
Above 65.15, look for further upside with 65.55 & 65.85 as targets.
 
Comment:
The break below 65.15 is a negative signal that has opened a path to 64.05.
 


Gold Intraday: The bias remains bullish.
 
Pivot:
3200.00
 
Our preference:
Long positions above 3200.00 with targets at 3260.00 & 3285.00 in extension.
 
Alternative scenario:
Below 3200.00, look for further downside, with 3182.00 and 3154.00 as potential targets.
 
Comment:
The RSI is bullish and indicates further upside potential.
 

 

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