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!
Newsletter Header
 
Today's Trading Strategies
January 25, 2023
 
   
 
GBP/USD   AUD/USD   Gold   USD/JPY   Nasdaq 100 (CME)   Dow Jones (CME)   GBP/JPY  
 
 
 
 
  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 1.2300.
 
Pivot:
1.2300
 
Our preference:
Long positions above 1.2300 with targets at 1.2360 & 1.2385 in extension.
 
Alternative scenario:
Below 1.2300 look for further downside with 1.2280 & 1.2260 as targets.
 
Comment:
A support base at 1.2300 has formed and has allowed for a temporary stabilisation.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
AUD/USD Intraday: further upside.
 
Pivot:
0.7050
 
Our preference:
Long positions above 0.7050 with targets at 0.7130 & 0.7160 in extension.
 
Alternative scenario:
Below 0.7050 look for further downside with 0.7025 & 0.7000 as targets.
 
Comment:
The RSI calls for a new upleg.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Gold Intraday: bullish bias above 1928.00.
 
Pivot:
1928.00
 
Our preference:
Long positions above 1928.00 with targets at 1940.00 & 1946.00 in extension.
 
Alternative scenario:
Below 1928.00 look for further downside with 1921.00 & 1916.00 as targets.
 
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
USD/JPY Intraday: turning up.
 
Pivot:
129.85
 
Our preference:
Long positions above 129.85 with targets at 131.00 & 131.50 in extension.
 
Alternative scenario:
Below 129.85 look for further downside with 129.50 & 129.15 as targets.
 
Comment:
The RSI is bullish and calls for further upside.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Nasdaq 100 (CME)‎ (H3)‎ Intraday: turning down.
 
Pivot:
11920.00
 
Our preference:
Short positions below 11920.00 with targets at 11720.00 & 11650.00 in extension.
 
Alternative scenario:
Above 11920.00 look for further upside with 12000.00 & 12080.00 as targets.
 
Comment:
The RSI lacks upward momentum.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Dow Jones (CME)‎ (H3)‎ Intraday: bullish bias above 33640.00.
 
Pivot:
33640.00
 
Our preference:
Long positions above 33640.00 with targets at 33900.00 & 34000.00 in extension.
 
Alternative scenario:
Below 33640.00 look for further downside with 33530.00 & 33420.00 as targets.
 
Comment:
The RSI is mixed to bullish.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
GBP/JPY intraday: rebound towards 162.62
 
159.63 is our pivot point.
 
Our preference:
Rebound towards 162.62.
 
Alternative scenario:
Below 159.63, expect 158.54 and 157.90.
 
Comment:
The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (160.42) but under its 50 period moving average (160.71).
 
Analyst Views Chart
 
Trade
 
 
Banner Ad
     
 
 
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
 
 
 
 
Client Logo
 

Trading Central