Your Daily Trading Strategy Check-in - Deriv Broker January 07, 2026 Newsletter

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Your Daily Trading Strategy Check-in - Deriv Broker January 07, 2026 Newsletter

Here are today's directional views from the global research desks of Trading Central! These are starting points for your own research to identify opportunities that make sense for you.
 

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EUR/USD Intraday: watch 1.1675.
 
Pivot:
1.1710
 
Our preference:
Short positions below 1.1710 with targets at 1.1675 & 1.1660 in extension.
 
Alternative scenario:
Above 1.1710 look for further upside with 1.1725 & 1.1740 as targets.
 
Comment:
As long as 1.1710 is resistance, look for choppy price action with a bearish bias.
 


Gold Intraday: consolidation in place.
 
Pivot:
4480
 
Our preference:
Short positions below 4480 with targets at 4426 & 4396 in extension.
 
Alternative scenario:
Above 4480 look for further upside with 4500 & 4513 as targets.
 
Comment:
The RSI is bearish and calls for further decline.
 


Silver Intraday: consolidation in place.
 
Pivot:
81.10
 
Our preference:
Short positions below 81.10 with targets at 77.40 & 76.00 in extension.
 
Alternative scenario:
Above 81.10 look for further upside with 82.70 & 83.70 as targets.
 
Comment:
The RSI shows downside momentum.
 


Bitcoin / Dollar intraday: the downside prevails as long as 93590 is resistance
 
Our pivot point stands at 93590.
 
Our preference:
The downside prevails as long as 93590 is resistance.
 
Alternative scenario:
Above 93590, look for 94850 and 95590.
 
Comment:
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading below both its 20- and 50-period moving averages (respectively at 92862 and 93137).
 


S&P 500 (CME)‎ (H6)‎ Intraday: further advance.
 
Pivot:
6970
 
Our preference:
Long positions above 6970 with targets at 6995 & 7015 in extension.
 
Alternative scenario:
Below 6970 look for further downside with 6958 & 6938 as targets.
 
Comment:
The RSI shows upside momentum.
 


USD/CAD Intraday: the upside prevails.
 
Pivot:
1.3785
 
Our preference:
Long positions above 1.3785 with targets at 1.3835 & 1.3860 in extension.
 
Alternative scenario:
Below 1.3785 look for further downside with 1.3760 & 1.3740 as targets.
 
Comment:
The break above 1.3785 is a positive signal that has opened a path to 1.3835.
 


GBP/JPY intraday: the downside prevails as long as 211.74 is resistance
 
Our pivot point is at 211.74.
 
Our preference:
The downside prevails as long as 211.74 is resistance
 
Alternative scenario:
Above 211.74, look for 212.14 and 212.39.
 
Comment:
The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is below its 20- and 50-period moving averages (respectively at 211.52 and 211.61). Finally, the GBP/JPY is trading below its lower Bollinger band (standing at 211.31).
 


Dow Jones (CME)‎ (H6)‎ Intraday: the upside prevails.
 
Pivot:
49450
 
Our preference:
Long positions above 49450 with targets at 50000 & 50200 in extension.
 
Alternative scenario:
Below 49450 look for further downside with 49100 & 48900 as targets.
 
Comment:
The break above 49450 is a positive signal that has opened a path to 50000.
 

  

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