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. |
|
|
|
|
|
|
|
|
|
AUD/USD Intraday: key resistance at 0.6700. |
|
Pivot: |
0.6700 |
|
Our preference: |
Short positions below 0.6700 with targets at 0.6650 & 0.6630 in extension. |
|
Alternative scenario: |
Above 0.6700 look for further upside with 0.6720 & 0.6740 as targets. |
|
Comment: |
As long as the resistance at 0.6700 is not surpassed, the risk of the break below 0.6650 remains high. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gold Intraday: bullish bias above 1978.00. |
|
Pivot: |
1978.00 |
|
Our preference: |
Long positions above 1978.00 with targets at 2003.00 & 2009.00 in extension. |
|
Alternative scenario: |
Below 1978.00 look for further downside with 1971.00 & 1964.00 as targets. |
|
Comment: |
The RSI is above its neutrality area at 50%. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
GBP/USD Intraday: key resistance at 1.2300. |
|
Pivot: |
1.2300 |
|
Our preference: |
Short positions below 1.2300 with targets at 1.2245 & 1.2220 in extension. |
|
Alternative scenario: |
Above 1.2300 look for further upside with 1.2325 & 1.2345 as targets. |
|
Comment: |
As long as 1.2300 is resistance, look for choppy price action with a bearish bias. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
USD/JPY Intraday: 130.00 in sight. |
|
Pivot: |
130.95 |
|
Our preference: |
Short positions below 130.95 with targets at 130.00 & 129.60 in extension. |
|
Alternative scenario: |
Above 130.95 look for further upside with 131.55 & 132.00 as targets. |
|
Comment: |
A break below 130.00 would trigger a drop towards 129.60. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nasdaq 100 (CME) (M3) Intraday: key resistance at 12920.00. |
|
Pivot: |
12920.00 |
|
Our preference: |
Short positions below 12920.00 with targets at 12785.00 & 12730.00 in extension. |
|
Alternative scenario: |
Above 12920.00 look for further upside with 12990.00 & 13060.00 as targets. |
|
Comment: |
As long as 12920.00 is resistance, look for choppy price action with a bearish bias. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dow Jones (CME) (M3) Intraday: key resistance at 32440.00. |
|
Pivot: |
32440.00 |
|
Our preference: |
Short positions below 32440.00 with targets at 32220.00 & 32040.00 in extension. |
|
Alternative scenario: |
Above 32440.00 look for further upside with 32650.00 & 32820.00 as targets. |
|
Comment: |
The RSI is below its neutrality area at 50% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
GBP/JPY intraday: the downside prevails as long as 160.74 is resistance |
|
|
Our pivot point stands at 160.74. |
|
Our preference: |
The downside prevails as long as 160.74 is resistance. |
|
Alternative scenario: |
The upside breakout of 160.74, would call for 161.43 and 161.84. |
|
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 trading under both its 20 and 50 period moving average (respectively at 160.46 and 160.96). |
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|
|