Your Daily Trading Strategy Check-in - Deriv Broker October 17, 2025 Newsletter

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Your Daily Trading Strategy Check-in - Deriv Broker October 17, 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: intraday support around 1.1680.
 
Pivot:
1.1680
 
Our preference:
Long positions above 1.1680 with targets at 1.1730 & 1.1755 in extension.
 
Alternative scenario:
Below 1.1680 look for further downside with 1.1660 & 1.1640 as targets.
 
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
 


GBP/USD Intraday: The bias remains bullish.
 
Pivot:
1.3390
 
Our preference:
Long positions above 1.3390 with targets at 1.3465 & 1.3490 in extension.
 
Alternative scenario:
Below 1.3390 look for further downside with 1.3365 & 1.3335 as targets.
 
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
 


USD/CHF Intraday: key resistance at 0.7940.
 
Pivot:
0.7940
 
Our preference:
Short positions below 0.7940 with targets at 0.7875 & 0.7850 in extension.
 
Alternative scenario:
Above 0.7940 look for further upside with 0.7960 & 0.7985 as targets.
 
Comment:
The RSI is below its neutrality area at 50%
 


Euro Stoxx 50 (Eurex)‎ (Z5)‎ Intraday: under pressure.
 
Pivot:
5640.00
 
Our preference:
Short positions below 5640.00 with targets at 5540.00 & 5503.00 in extension.
 
Alternative scenario:
Above 5640.00 look for further upside with 5665.00 & 5700.00 as targets.
 
Comment:
The RSI is bearish and calls for further decline.
 


Dax (Eurex)‎ (Z5)‎ Intraday: the downside prevails.
 
Pivot:
24180.00
 
Our preference:
Short positions below 24180.00 with targets at 23660.00 & 23480.00 in extension.
 
Alternative scenario:
Above 24180.00 look for further upside with 24370.00 & 24470.00 as targets.
 
Comment:
The RSI is bearish and calls for further downside.
 


CAC 40 (Euronext)‎ (V5)‎ Intraday: consolidation in place.
 
Pivot:
8215.00
 
Our preference:
Short positions below 8215.00 with targets at 8085.00 & 8020.00 in extension.
 
Alternative scenario:
Above 8215.00 look for further upside with 8260.00 & 8310.00 as targets.
 
Comment:
As long as 8215.00 is resistance, look for choppy price action with a bearish bias.
 


Brent (ICE)‎ (Z5)‎ Intraday: key resistance at 61.30.
 
Pivot:
61.30
 
Our preference:
Short positions below 61.30 with targets at 60.20 & 59.75 in extension.
 
Alternative scenario:
Above 61.30 look for further upside with 61.80 & 62.25 as targets.
 
Comment:
Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
 


Gold Intraday: bullish bias above 4305.00.
 
Pivot:
4305.00
 
Our preference:
Long positions above 4305.00 with targets at 4380.00 & 4400.00 in extension.
 
Alternative scenario:
Below 4305.00 look for further downside with 4278.00 & 4245.00 as targets.
 
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
 

 

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