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+--- Thread: Your Daily Trading Strategy Check-in - Deriv Broker February 05, 2025 Newsletter (/Thread-Your-Daily-Trading-Strategy-Check-in-Deriv-Broker-February-05-2025-Newsletter)
Your Daily Trading Strategy Check-in - Deriv Broker February 05, 2025 Newsletter - Forum Admin - 02-05-2025
Your Daily Trading Strategy Check-in - Deriv Broker February 05, 2025 Newsletter
![[Image: header_desktop_snl_en.png]](https://ci3.googleusercontent.com/meips/ADKq_NbyP2Syjwt-QrQpUrMa6xc-c8KaNPsXwnqUexnbpu9n394auEw1V8rknhxBLipmhvlOYfjpoO4gTdgYyOxtLsfYFE6Vw29g1Lx2Zf_V9BZcjevYtOIfH-8r6mfIKMX0DtWBGw=s0-d-e1-ft#https://newsletters.tradingcentral.com/deriv/images/header_desktop_snl_en.png)
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.
GBP/USD EUR/USD USD/CHF Euro Stoxx 50 (Eurex) Gold Dax (Eurex) Cac 40 (Euronext) Brent (ICE)
GBP/USD Intraday: intraday support is around 1.2485.
Pivot:
1.2485
Our preference:
Long positions above 1.2485 with targets at 1.2550 & 1.2575 in extension.
Alternative scenario:
Below 1.2485, look for further downside with 1.2460 & 1.2435 as targets.
Comment:
The break above the resistance at 1.2485 triggered an upward acceleration to 1.2550.
![[Image: 76_20250205130110.gif]](https://ci3.googleusercontent.com/meips/ADKq_Na2A8iqqAS-WP5HzrGpOORXS1RzdDdOINmBzMZS_x0I5BDcQy0JUen1sGLs90oWwOog_ovtfKhU22HD5Rh1Otm4OL79EPa2F_zSw8S36OgAX4PbEg=s0-d-e1-ft#https://charts.tradingcentral.com/charts/76_20250205130110.gif)
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EUR/USD Intraday: bullish bias above 1.0365.
Pivot:
1.0365
Our preference:
Long positions above 1.0365 with targets at 1.0435 & 1.0465 in extension.
Alternative scenario:
Below 1.0365, look for further downside with 1.0320 & 1.0270 as targets.
Comment:
The RSI is bullish and calls for further upside.
![[Image: 74_20250205130109.gif]](https://ci3.googleusercontent.com/meips/ADKq_NZjgg8JrQZ-BlmHiHbCknXC95VS-petVKAl0ssF-RRDZSHj0Z2m5FSvweQvKYNSQjOuQxsTprGBtxQ1RyFO2lyTq2hQqyUx0a0jEOR0W4-DAJ4lKQ=s0-d-e1-ft#https://charts.tradingcentral.com/charts/74_20250205130109.gif)
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USD/CHF Intraday: the downside prevails.
Pivot:
0.9045
Our preference:
Short positions below 0.9045 with targets at 0.8995 & 0.8965 in extension.
Alternative scenario:
Above 0.9045, look for further upside with 0.9060 & 0.9080 as targets.
Comment:
The break below 0.9045 is a negative signal that has opened a path to 0.8995.
![[Image: 77_20250205130111.gif]](https://ci3.googleusercontent.com/meips/ADKq_NZhEb1Ki8UJDHDtRi4PkZjYq5OGwj-rdXskbHSEo69wTT145Rvn7rgJM8aswvDp-Gn6i3u3gJhJ8PuqOpKhbucyqu28aFFkJYQX0ruDpgg_b9Dg0A=s0-d-e1-ft#https://charts.tradingcentral.com/charts/77_20250205130111.gif)
[/url]Trade
Euro Stoxx 50 (Eurex) (H5) Intraday: caution.
Pivot:
5283.00
Our preference:
Short positions below 5283.00 with targets at 5240.00 & 5185.00 in extension.
Alternative scenario:
Above 5283.00, look for further upside with 5327.00 & 5390.00 as targets.
Comment:
The RSI lacks upward momentum.
![[Image: 23360_20250205101419.gif]](https://ci3.googleusercontent.com/meips/ADKq_NZpfdRmtBB9cUIk_KkuEvnj8OSZStzDQ1u1JziL5xAuWbgVTv25U_pR2OZTXb4hFX7OopFXMJkF_BLN2CGqZ7SPwURewcPafHVKP_5Y5x1M3iQXXJQDWw=s0-d-e1-ft#https://charts.tradingcentral.com/charts/23360_20250205101419.gif)
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Gold Intraday: further upside.
Pivot:
2854.00
Our preference:
Long positions above 2854.00 with targets at 2879.00 & 2890.00 in extension.
Alternative scenario:
Below 2854.00, look for further downside with 2830.00 & 2821.00 as targets.
Comment:
The RSI is bullish and calls for further advance.
![[Image: 169_20250205113147.gif]](https://ci3.googleusercontent.com/meips/ADKq_NZ-YyLlyUvoIG3_Dp5qvWlptyPenoYrHwnmgK4VhLYNv5qFJ3xS3ABkw3k5UxA_4yKR9mmniT2t-MOeb6mHTSk0sXsxUG8AMrDyS5fH3Z3dCMgceAE=s0-d-e1-ft#https://charts.tradingcentral.com/charts/169_20250205113147.gif)
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Dax (Eurex) (H5) Intraday: consolidation in place.
Pivot:
21734.00
Our preference:
Short positions below 21734.00 with targets at 21370.00 & 21220.00 in extension.
Alternative scenario:
Above 21734.00, look for further upside with 21900.00 & 22000.00 as targets.
Comment:
The RSI lacks momentum.
![[Image: 23359_20250205101422.gif]](https://ci3.googleusercontent.com/meips/ADKq_NYa1HS3sZGkkzU4SwwhTKxbcdtjGJ-fxzt-NzsCwqUnxx9dnLThsJX41zKzAx-E6A_b-MopdXmWXbag2LcXVFuJlJVnLPletKPvQOTSMgfIZvSBZcy0pA=s0-d-e1-ft#https://charts.tradingcentral.com/charts/23359_20250205101422.gif)
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Cac 40 (Euronext) (G5) Intraday: key resistance at 7933.00.
Pivot:
7933.00
Our preference:
Short positions below 7933.00 with targets at 7827.00 & 7807.00 in extension.
Alternative scenario:
Above 7933.00, look for further upside with 7985.00 & 8010.00 as targets.
Comment:
The RSI is mixed with a bearish bias.
![[Image: 23358_20250205101420.gif]](https://ci3.googleusercontent.com/meips/ADKq_NZax-CIQFiBfFsNCUNLxCDizUTWwjsRc0NoIOAHWO1Mxr2G5LXG2rGGYlSSf89huzBEvztp1ica1kftgjCe0QTkTdpRNSao4oIEtqdmP2wMLGRhSR4kww=s0-d-e1-ft#https://charts.tradingcentral.com/charts/23358_20250205101420.gif)
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Brent (ICE) (J5) Intraday: the downside prevails.
Pivot:
76.10
Our preference:
Short positions below 76.10 with targets at 74.80 & 74.15 in extension.
Alternative scenario:
Above 76.10, look for further upside with 76.65 & 77.05 as targets.
Comment:
The RSI is bearish and calls for further downside.
![[Image: 180_20250205131433.gif]](https://ci3.googleusercontent.com/meips/ADKq_Nbho3AzETw66Gv--Wc6BGgfT-eG1BxMful2koHHnWixIZXrnlz6WR5IbaQfViCjMFVbgCjJrZrZiG18UAaHzaN7ljPsm-uVuN9g601jzlgaHGJbQoA=s0-d-e1-ft#https://charts.tradingcentral.com/charts/180_20250205131433.gif)
[url=https://track.deriv.com/_RAqBFMEhdbOws6I0Pc5-VWNd7ZgqdRLk/1/]Trade