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. Like what you see? Feel free to forward this to a friend!
|
|
Today's Trading Strategies |
|
|
|
|
|
|
|
|
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. Like what you see? Feel free to forward this to a friend! |
|
|
|
|
|
|
|
|
|
|
 |
|
Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out. |
|
|
|
|
|
|
|
|
|
GBP/USD Intraday: bullish bias above 1.2235. |
|
Pivot: |
1.2235 |
|
Our preference: |
Long positions above 1.2235 with targets at 1.2300 & 1.2325 in extension. |
|
Alternative scenario: |
Below 1.2235 look for further downside with 1.2205 & 1.2180 as targets. |
|
Comment: |
A support base at 1.2235 has formed and has allowed for a temporary stabilisation. |
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
AUD/USD Intraday: key resistance at 0.6775. |
|
Pivot: |
0.6775 |
|
Our preference: |
Short positions below 0.6775 with targets at 0.6725 & 0.6705 in extension. |
|
Alternative scenario: |
Above 0.6775 look for further upside with 0.6795 & 0.6815 as targets. |
|
Comment: |
As long as the resistance at 0.6775 is not surpassed, the risk of the break below 0.6725 remains high. |
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
Gold Intraday: capped by a negative trend line. |
|
Pivot: |
1789.00 |
|
Our preference: |
Short positions below 1789.00 with targets at 1777.00 & 1770.00 in extension. |
|
Alternative scenario: |
Above 1789.00 look for further upside with 1795.00 & 1800.00 as targets. |
|
Comment: |
As long as the resistance at 1789.00 is not surpassed, the risk of the break below 1777.00 remains high. |
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
USD/JPY Intraday: bullish bias above 137.10. |
|
Pivot: |
137.10 |
|
Our preference: |
Long positions above 137.10 with targets at 138.00 & 138.30 in extension. |
|
Alternative scenario: |
Below 137.10 look for further downside with 136.65 & 136.30 as targets. |
|
Comment: |
Technically the RSI is above its neutrality area at 50. |
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
Nasdaq 100 (CME) (H3) Intraday: further advance. |
|
Pivot: |
11690.00 |
|
Our preference: |
Long positions above 11690.00 with targets at 11860.00 & 11960.00 in extension. |
|
Alternative scenario: |
Below 11690.00 look for further downside with 11630.00 & 11540.00 as targets. |
|
Comment: |
The next resistances are at 11860.00 and then at 11960.00. |
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
Dow Jones (CME) (H3) Intraday: look for 34490.00. |
|
Pivot: |
34010.00 |
|
Our preference: |
Long positions above 34010.00 with targets at 34330.00 & 34490.00 in extension. |
|
Alternative scenario: |
Below 34010.00 look for further downside with 33890.00 & 33680.00 as targets. |
|
Comment: |
The next resistances are at 34330.00 and then at 34490.00. |
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
GBP/JPY intraday: as long as 168.08 is support look for 170.31 |
|
|
Our pivot point is at 168.08. |
|
Our preference: |
As long as 168.08 is support look for 170.31. |
|
Alternative scenario: |
The downside breakout of 168.08 would call for 167.27 and 166.79. |
|
Comment: |
The RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading under its 20 period moving average (168.87) but above its 50 period moving average (168.33). |
|
 |
|
|
|
|
|
|
|
|
|
|
|
TRADING CENTRAL Terms and conditions
The information provided does not constitute, in any way, a solicitation or inducement to buy or sell securities and similar products. Comments and analysis reflect the views of TRADING CENTRAL at any given time and are subject to change at any time. Moreover, they can not constitute a commitment or guarantee on the part of TRADING CENTRAL. The recipient acknowledges and agrees that by their very nature any investment in a financial instrument is of a random nature and therefore any such investment constitutes a risky investment for which the recipient is solely responsible. It is specified that the past performance of a financial product does not prejudge in any way their future performance. The foreign exchange market and financial derivatives such as futures, CFDs (Contracts for Difference), warrants, turbos or certificates involve a high degree of risk. They require a good level of financial knowledge and experience. TRADING CENTRAL recommends the consultation of a financial professional who would have a perfect knowledge of the financial and patrimonial situation of the recipient of this message and would be able to verify that the financial products mentioned are adapted to the said situation and the financial objectives pursued. TRADING CENTRAL recommends reading the "risk factors" section of the prospectus for any financial product mentioned.
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the code of conduct of the association ANACOFI-CIF, association approved by the Financial Markets Authority and registered with ORIAS under number 17005458.
In the United States, TRADING CENTRAL AMERICAS, INC. is a Registered Investment Adviser (RIA) with the U.S. Securities and Exchange Commission (SEC) under IARD/CRD number 801-67210. Services are provided in the United States by TRADING Central Americas, Inc. TRADING Central will provide a copy of its most recent written disclosure statement without charge upon written request. Notwithstanding the foregoing paragraphs, nothing herein shall constitute a waiver or limitation of any U.S. person's rights under relevant U.S. federal or state laws.
In Asia, TRADING CENTRAL ASIA LTD has received a license (number AWI815) from the Hong Kong-based Securities and Futures Commission (SFC) to conduct “Type 4” and “Type 5” regulated activities (Advising on Securities and Futures).
TRADING CENTRAL recommends that you read the legal and regulatory information and warnings about the information provided by visiting the following link : terms_of_use_web_sites_en.pdf
Headquarters of the publisher : TRADING CENTRAL SA, 11 bis rue Scribe, 75009 Paris RCS : PARIS B 423 512 607 VAT N° FR 174 235 12607
|
|
|
|
|
|
|