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

Posted by: Forum Admin - 05-19-2025, 02:12 PM - Forum: Forex Education Materials - No Replies

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.

Click Here to Read Deriv Broker Forex Platforms Review

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.

[Image: 74_20250519130123.gif]

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.

[Image: 76_20250519130123.gif]

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.

[Image: 77_20250519130125.gif]

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.

[Image: 23360_20250519111225.gif]

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.

[Image: 23359_20250519111225.gif]

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.

[Image: 23358_20250519111227.gif]

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.

[Image: 180_20250519131000.gif]

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.

[Image: 169_20250519120711.gif]

Click Here to Read Deriv Broker Forex Platforms Review

How to trade with the RSI Indicator on Deriv X (Video Guide)

Posted by: Forum Admin - 05-18-2025, 12:04 PM - Forum: MT5 Trading Courses - Thread Sponsored by Deriv Broker - No Replies

How to trade with the RSI Indicator on Deriv X (Video Guide)

Tired of missing out on the best buy or sell signals? RSI might be precisely what you need!

Discover how the Relative Strength Index (RSI) can help you identify overbought or oversold conditions, giving you valuable insights for your trades. Try it out today on the Deriv X platform!

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If this resonates with you, don’t forget to like and share it with your fellow traders. And let's chat in the comments:

How do you plan to incorporate RSI into your trading strategy?

Watch the Video:

Your Daily Trading Strategy Check-in - Deriv Broker May 16, 2025 Newsletter

Posted by: Forum Admin - 05-16-2025, 12:12 PM - Forum: Forex Education Materials - No Replies

Your Daily Trading Strategy Check-in - Deriv Broker May 16, 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.

Click Here to Read Deriv Broker Forex Platforms Review

GBP/USD Intraday: supported by a rising trend line.

Pivot:
1.3280

Our preference:
Long positions above 1.3280 with targets at 1.3330 & 1.3360 in extension.

Alternative scenario:
Below 1.3280, look for further downside with 1.3255 & 1.3230 as targets.

Comment:
The RSI lacks downward momentum.

[Image: 76_20250516125439.gif]

EUR/USD Intraday: bullish bias above 1.1185.

Pivot:
1.1185

Our preference:
Long positions above 1.1185 with targets at 1.1225 & 1.1245 in extension.

Alternative scenario:
Below 1.1185, look for further downside with 1.1165 & 1.1145 as targets.

Comment:
The break above 1.1185 is a positive signal that has opened a path to 1.1225.

[Image: 74_20250516125438.gif]

USD/CHF Intraday: under pressure.

Pivot:
0.8370

Our preference:
Short positions below 0.8370 with targets at 0.8325 & 0.8300 in extension.

Alternative scenario:
Above 0.8370, look for further upside with 0.8405 & 0.8435 as targets.

Comment:
As long as the resistance at 0.8370 is not surpassed, the risk of the break below 0.8325 remains high.

[Image: 77_20250516125441.gif]

Euro Stoxx 50 (Eurex)‎ (M5)‎ Intraday: the upside prevails.

Pivot:
5382.00

Our preference:
Long positions above 5382.00 with targets at 5445.00 & 5479.00 in extension.

Alternative scenario:
Below 5382.00, look for further downside, with 5364.00 and 5348.00 as potential targets.

Comment:
The RSI is mixed with a bullish bias.

[Image: 23360_20250516111600.gif]

Gold Intraday: the downside prevails.

Pivot:
3211.00

Our preference:
Short positions below 3211.00 with targets at 3138.00 & 3120.00 in extension.

Alternative scenario:
Above 3211.00, look for further upside with 3231.00 & 3243.00 as targets.

Comment:
The break below the support at 3211.00 triggered a bearish acceleration to the support at 3138.00.

[Image: 169_20250516130741.gif]

Dax (Eurex)‎ (M5)‎ Intraday: the upside prevails.

Pivot:
23700.00

Our preference:
Long positions above 23700.00 with targets at 23980.00 & 24140.00 in extension.

Alternative scenario:
Below 23700.00, look for further downside, with 23575.00 and 23460.00 as potential targets.

Comment:
The RSI is bullish, indicating further upside potential.

[Image: 23359_20250516111554.gif]

CAC 40 (Euronext)‎ (K5)‎ Intraday: bullish bias above 7830.00.

Pivot:
7830.00

Our preference:
Long positions above 7830.00 with targets at 7939.00 & 7979.00 in extension.

Alternative scenario:
Below 7,830.00, look for further downside, with 7,800.00 and 7,775.00 as potential targets.

Comment:
The RSI is bullish and indicates a potential for further advance.

[Image: 23358_20250516111555.gif]

Brent (ICE)‎ (N5)‎ Intraday: intraday support around 64.00.

Pivot:
64.00

Our preference:
Long positions above 64.00 with targets at 65.20 & 65.70 in extension.

Alternative scenario:
Below 64.00, look for further downside, with 63.50 and 63.00 as potential targets.

Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

[Image: 180_20250516105803.gif]

Click Here to Read Deriv Broker Forex Platforms Review

Crypto Pullback Alert: Critical Levels for BTC

Posted by: Forum Admin - 05-16-2025, 08:00 AM - Forum: Crypto Announcements - No Replies

Crypto Pullback Alert: Critical Levels for BTC

Current prices (16 May 2025):

BTC: $104,100
ETH: $2,610
SOL: $180.50
HYPE: $25.45

TLDR:

Prices have seen a significant move higher and are due for a pullback/a period of consolidation.
Tariff de-escalation has likely substantially decreased recession risk, and therefore, we can look to become more constructive with our positioning on pullbacks.
We will look to begin accumulating Spot bags on meaningful pullbacks. We have outlined some of these zones of interest below.

BTC:

BTC's Open Interest has moved back up to its highs in USD value, suggesting that more leverage has been on. However, Funding Rates have remained relatively neutral, meaning that there is no build-up of excessive Longs, but rather a mix of both Longs and Shorts.
Some of this Open Interest will likely have to be unwound, but it's hard to say if it'll be Longs or Shorts that might be squeezed.

Technical analysis

BTC broke well above the horizontal level of $98,900, which may now become new support, or at least the first significant support for price.
Beneath $98,900, $93,000 to $95,700 should be a good zone of support, should the price fall back below $98,900.
To the upside, the key levels are at $107,00 and then essentially the all-time high of $109,000.
Price has begun to consolidate/stall slightly, with price now grinding into the primary uptrend line. If the price loses the uptrend and fails to recover quickly, we may see a revisit of the $93,000 to $95,700 range.
The RSI is very overbought, and it's currently sitting on top of its moving average. For this metric to meaningfully reset, we'll need at a minimum a significant period of consolidation.

Your Daily Trading Strategy Check-in - Deriv Broker May 15, 2025 Newsletter

Posted by: Forum Admin - 05-15-2025, 12:21 PM - Forum: Forex Education Materials - No Replies

Your Daily Trading Strategy Check-in - Deriv Broker May 15, 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.

Click Here to Read Deriv Broker Forex Platforms Review

EUR/USD Intraday: bullish bias above 1.1185.

Pivot:
1.1185

Our preference:
Long positions above 1.1185 with targets at 1.1265 & 1.1290 in extension.

Alternative scenario:
Below 1.1185, look for further downside with 1.1165 & 1.1145 as targets.

Comment:
The RSI is mixed with a bullish bias.

[Image: 74_20250515130415.gif]

GBP/USD Intraday: bullish bias above 1.3250.

Pivot:
1.3250

Our preference:
Long positions above 1.3250 with targets at 1.3330 & 1.3360 in extension.

Alternative scenario:
Below 1.3250, look for further downside, with 1.3215 and 1.3200 as potential targets.

Comment:
The RSI is bullish and indicates a potential further advance.

[Image: 76_20250515130416.gif]

USD/CHF Intraday: the downside prevails.

Pivot:
0.8405

Our preference:
Short positions below 0.8405 with targets at 0.8330 & 0.8310 in extension.

Alternative scenario:
Above 0.8405, look for further upside with 0.8435 & 0.8455 as targets.

Comment:
The RSI is bearish and calls for further downside.

[Image: 77_20250515130417.gif]

Euro Stoxx 50 (Eurex)‎ (M5)‎ Intraday: the bias remains bullish.

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:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

[Image: 23360_20250515112001.gif]

Dax (Eurex)‎ (M5)‎ Intraday: intraday support around 23400.00.

Pivot:
23400.00

Our preference:
Long positions above 23400.00 with targets at 23670.00 & 23785.00 in extension.

Alternative scenario:
Below 23400.00, look for further downside, with 23260.00 and 23149.00 as potential targets.

Comment:
A support base at 23400.00 has formed, allowing for temporary stabilization.

[Image: 23359_20250515111956.gif]

CAC 40 (Euronext)‎ (K5)‎ Intraday: bullish bias above 7755.00.

Pivot:
7755.00

Our preference:
Long positions above 7755.00 with targets at 7880.00 & 7939.00 in extension.

Alternative scenario:
Below 7755.00, look for further downside, with 7726.00 and 7660.00 as potential targets.

Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

[Image: 23358_20250515111957.gif]

Brent (ICE)‎ (N5)‎ Intraday: the downside prevails.

Pivot:
64.70

Our preference:
Short positions below 64.70 with targets at 63.20 & 62.85 in extension.

Alternative scenario:
Above 64.70, look for further upside with 65.35 & 65.75 as targets.

Comment:
As long as 64.70 is resistance, look for choppy price action with a bearish bias.

[Image: 180_20250515131931.gif]

Gold Intraday: key resistance at 3190.00.

Pivot:
3190.00

Our preference:
Short positions below 3190.00 with targets at 3120.00 & 3090.00 in extension.

Alternative scenario:
Above 3190.00, look for further upside with 3220.00 & 3242.00 as targets.

Comment:
A break below 3120.00 would trigger a drop towards 3090.00.

[Image: 169_20250515112926.gif]

Click Here to Read Deriv Broker Forex Platforms Review

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

Posted by: Forum Admin - 05-14-2025, 01:59 PM - Forum: Forex Education Materials - No Replies

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.

Click Here to Read Deriv Broker Forex Platforms Review

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.

[Image: 74_20250514130750.gif]

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.

[Image: 76_20250514130751.gif]

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.

[Image: 77_20250514130752.gif]

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%

[Image: 23360_20250514105652.gif]

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.

[Image: 23359_20250514105651.gif]

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.

[Image: 23358_20250514105654.gif]

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.

[Image: 180_20250514112638.gif]

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.

[Image: 169_20250514111720.gif]

Click Here to Read Deriv Broker Forex Platforms Review

How would you like to track price charts effectively? (Video)

Posted by: Forum Admin - 05-14-2025, 10:36 AM - Forum: Binary Options Trading Strategies - No Replies

How would you like to track price charts effectively?

Japanese candlestick analysis isn't rocket science if you understand the core principles. In this new educational video, an analyst shares how to open profitable trades using Price Action patterns.

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In this video, we'll cover:
• The structure of the Pin Bar and the Railway candlestick patterns.
• Effective combinations of candlesticks and indicators.
• signals confirming trade entry.
Learn to analyze charts and trade successfully with Price Action. Click “Watch Video” to open it on YouTube.

Watch the Video:

Read Binarium Broker Review

Review of the EUR/USD Status as of 2025.05.13

Posted by: Forum Admin - 05-13-2025, 05:09 PM - Forum: Binary Options Education Materials - No Replies

Review of the EUR/USD Status as of 2025.05.13

As indicated in the previous analysis of the EUR/USD currency pair dated April 30, 2025, considering the overbought condition of the chart, the price had the potential for correction. Ultimately, sellers successfully drove the price down to the support range of 1.12030 - 1.12500.

In longer timeframes, such as the monthly and weekly charts, although buyers have successfully breached the price peaks of 2023 and 2024, the recent reversal and price decline over the past three weeks strengthen the possibility of a false breakout. This hypothesis remains probable until a significant price floor and other technical factors materialize on the weekly chart.

In shorter time frames, such as the daily and 4-hour charts, the prevailing trend has become corrective due to the general strengthening of the US dollar. The trade agreement between the United States and China has strengthened the dollar, causing downward movements in EUR/USD. Should the price floor of 1.10647 be breached, the price has the potential to decline further towards the support level of 1.10400.

In the opposing scenario and bullish possibilities, should the 1.12000 level be broken and prices consolidate above this key level, the price will have the potential for further ascent towards the resistance level of 1.12600.

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Your Daily Trading Strategy Check-in - Deriv Broker May 13, 2025 Newsletter

Posted by: Forum Admin - 05-13-2025, 05:03 PM - Forum: Forex Education Materials - No Replies

Your Daily Trading Strategy Check-in - Deriv Broker May 13, 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.

Click Here to Read Deriv Broker Forex Platforms Review

GBP/USD Intraday: key resistance at 1.3215.

Pivot:
1.3215

Our preference:
Short positions below 1.3215 with targets at 1.3160 & 1.3135 in extension.

Alternative scenario:
Above 1.3215, look for further upside with 1.3250 & 1.3290 as targets.

Comment:
As long as 1.3215 is resistance, look for choppy price action with a bearish bias.

[Image: 76_20250513125813.gif]

EUR/USD Intraday: consolidation.

Pivot:
1.1140

Our preference:
Short positions below 1.1140 with targets at 1.1065 & 1.1030 in extension.

Alternative scenario:
Above 1.1140, look for further upside with 1.1170 & 1.1200 as targets.

Comment:
As long as the resistance at 1.1140 is not surpassed, the risk of the break below 1.1065 remains high.

[Image: 74_20250513125813.gif]

USD/CHF Intraday: consolidation.

Pivot:
0.8440

Our preference:
Short positions below 0.8440 with targets at 0.8375 & 0.8350 in extension.

Alternative scenario:
Above 0.8440, look for further upside with 0.8475 & 0.8510 as targets.

Comment:
As long as 0.8440 is resistance, look for choppy price action with a bearish bias.

[Image: 77_20250513125815.gif]

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 mixed, indicating a need for caution.

[Image: 23360_20250513113403.gif]

Gold Intraday: continuation of the rebound.

Pivot:
3222.00

Our preference:
Long positions above 3222.00 with targets at 3287.00 & 3315.00 in extension.

Alternative scenario:
Below 3222.00, look for further downside, with 3207.00 and 3190.00 as potential targets.

Comment:
The RSI is mixed with a bullish bias.

[Image: 169_20250513112953.gif]

Dax (Eurex)‎ (M5)‎ Intraday: consolidation.

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 is mixed, indicating a need for caution.

[Image: 23359_20250513113355.gif]

CAC 40 (Euronext)‎ (K5)‎ Intraday: bullish bias above 7759.00.

Pivot:
7759.00

Our preference:
Long positions above 7759.00 with targets at 7874.00 & 7919.00 in extension.

Alternative scenario:
Below 7759.00, look for further downside, with 7710.00 and 7679.00 as potential targets.

Comment:
The RSI is mixed, indicating a need for caution.

[Image: 23358_20250513113357.gif]

Brent (ICE)‎ (N5)‎ Intraday: bullish bias above 64.70.

Pivot:
64.70

Our preference:
Long positions above 64.70 with targets at 66.00 & 66.40 in extension.

Alternative scenario:
Below 64.70, look for further downside, with 64.30 and 63.70 as potential targets.

Comment:
A support base at 64.70 has formed, allowing for temporary stabilization.

[Image: 180_20250513130539.gif]

Click Here to Read Deriv Broker Forex Platforms Review

Your Daily Trading Strategy Check-in - Deriv Broker May 12, 2025 Newsletter

Posted by: Forum Admin - 05-12-2025, 03:35 PM - Forum: Forex Education Materials - No Replies

Your Daily Trading Strategy Check-in - Deriv Broker May 12, 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.

Click Here to Read Deriv Broker Forex Platforms Review

GBP/USD Intraday: under pressure.

Pivot:
1.3200

Our preference:
Short positions below 1.3200 with targets at 1.3120 & 1.3090 in extension.

Alternative scenario:
Above 1.3200, look for further upside with 1.3245 & 1.3270 as targets.

Comment:
The RSI advocates for further downside.

[Image: 76_20250512125827.gif]

EUR/USD Intraday: the downside prevails.

Pivot:
1.1145

Our preference:
Short positions below 1.1145 with targets at 1.1030 & 1.0990 in extension.

Alternative scenario:
Above 1.1145, look for further upside with 1.1205 & 1.1245 as targets.

Comment:
The RSI is bearish, indicating a potential for further decline.

[Image: 74_20250512125826.gif]

USD/CHF Intraday: further upside.

Pivot:
0.8410

Our preference:
Long positions above 0.8410 with targets at 0.8515 & 0.8580 in extension.

Alternative scenario:
Below 0.8410, look for further downside with 0.8350 & 0.8315 as targets.

Comment:
The RSI is bullish, indicating further upside potential.

[Image: 77_20250512125828.gif]

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 bullish, indicating a potential further advance.

[Image: 23360_20250512112812.gif]

Gold Intraday: the downside prevails.

Pivot:
3287.00

Our preference:
Short positions below 3287.00 with targets at 3202.00 & 3150.00 in extension.

Alternative scenario:
Above 3287.00, look for further upside with 3315.00 & 3345.00 as targets.

Comment:
The break below 3287.00 is a negative signal that has opened a path to 3202.00.

[Image: 169_20250512114338.gif]

Dax (Eurex)‎ (M5)‎ Intraday: bullish bias above 23600.00.

Pivot:
23600.00

Our preference:
Long positions above 23600.00 with targets at 24015.00 & 24130.00 in extension.

Alternative scenario:
Below 23600.00, look for further downside, with 23475.00 and 23330.00 as potential targets.

Comment:
The RSI is mixed, indicating a cautious approach.

[Image: 23359_20250512112811.gif]

CAC 40 (Euronext)‎ (K5)‎ Intraday: the bias remains bullish.

Pivot:
7755.00

Our preference:
Long positions above 7755.00 with targets at 7856.00 & 7900.00 in extension.

Alternative scenario:
Below 7755.00, look for further downside, with 7710.00 and 7679.00 as potential targets.

Comment:
The RSI is bullish, indicating further upside potential.

[Image: 23358_20250512112816.gif]

Brent (ICE)‎ (N5)‎ Intraday: further advance.

Pivot:
64.30

Our preference:
Long positions above 64.30 with targets at 66.50 & 67.65 in extension.

Alternative scenario:
Below 64.30, look for further downside, with 63.70 and 63.20 as potential targets.

Comment:
The RSI is bullish, indicating a potential further advance.

[Image: 180_20250512114340.gif]

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