Your Daily Trading Strategy Check-in - Deriv Broker June 18, 2025 Newsletter

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Your Daily Trading Strategy Check-in - Deriv Broker June 18, 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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GBP/USD Intraday: turning down.
 
Pivot:
1.3490
 
Our preference:
Short positions below 1.3490 with targets at 1.3390 & 1.3340 in extension.
 
Alternative scenario:
Above 1.3490, look for further upside with 1.3535 & 1.3580 as targets.
 
Comment:
As long as the resistance at 1.3490 is not surpassed, the risk of the break below 1.3390 remains high.
 


EUR/USD Intraday: the downside prevails.
 
Pivot:
1.1530
 
Our preference:
Short positions below 1.1530 with targets at 1.1470 & 1.1450 in extension.
 
Alternative scenario:
Above 1.1530, look for further upside with 1.1560 & 1.1590 as targets.
 
Comment:
As long as 1.1530 is resistance, expect a return to 1.1470.
 


USD/CHF Intraday: bullish bias above 0.8140.
 
Pivot:
0.8140
 
Our preference:
Long positions above 0.8140 with targets at 0.8190 & 0.8210 in extension.
 
Alternative scenario:
Below 0.8140, look for further downside with 0.8120 & 0.8100 as targets.
 
Comment:
The RSI advocates for further advances.
 


Euro Stoxx 50 (Eurex)‎ (M5)‎ Intraday: expect 5307.00.
 
Pivot:
5240.00
 
Our preference:
Long positions above 5240.00 with targets at 5307.00 & 5343.00 in extension.
 
Alternative scenario:
Below 5240.00, look for further downside, with 5229.00 and 5186.00 as potential targets.
 
Comment:
The RSI is mixed with a bullish bias.
 


Gold Intraday: bullish bias above 3374.00.
 
Pivot:
3374.00
 
Our preference:
Long positions above 3374.00 with targets at 3400.00 & 3410.00 in extension.
 
Alternative scenario:
Below 3374.00, look for further downside, with 3360.00 and 3345.00 as potential targets.
 
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
 


Dax (Eurex)‎ (M5)‎ Intraday: expect 23555.00.
 
Pivot:
23300.00
 
Our preference:
Long positions above 23300.00 with targets at 23555.00 & 23720.00 in extension.
 
Alternative scenario:
Below 23300.00, look for further downside, with 23150.00 and 22980.00 as potential targets.
 
Comment:
The RSI is mixed to bullish.
 


CAC 40 (Euronext)‎ (M5)‎ Intraday: bullish bias above 7600.00.
 
Pivot:
7600.00
 
Our preference:
Long positions above 7600.00 with targets at 7723.00 & 7763.00 in extension.
 
Alternative scenario:
Below 7,600.00, look for further downside with 7,540.00 and 7,512.00 as targets.
 
Comment:
The RSI is mixed with a bullish bias.
 


Brent (ICE)‎ (Q5)‎ Intraday: further upside.
 
Pivot:
74.80
 
Our preference:
Long positions above 74.80 with targets at 77.30 & 78.50 in extension.
 
Alternative scenario:
Below 74.80, look for further downside, with 73.70 and 72.70 as potential targets.
 
Comment:
The next resistances are at 77.30 and then at 78.50.
 
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