News and Market Analysis

Today’s directional views
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Today's directional views

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? For the full report register below.

AUD/USD intraday: the downside prevails as long as 0.7377 is resistance 

Our pivot point stands at 0.7377. 

Our preference: The downside prevails as long as 0.7377 is resistance. 

Alternative scenario: Above 0.7377, look for 0.7403 and 0.7418. 

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 0.7368 and 0.7384).
Analyst Views Chart
 USD/JPY intraday: as long as 109.89 is support look for 110.87 

Our pivot point is at 109.89. 

Our preference: As long as 109.89 is support look for 110.87. 

Alternative scenario: The downside breakout of 109.89 would call for 109.54 and 109.32. 

Comment: The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 110.12 and 109.92).
Analyst Views Chart

Silver intraday: short term rebound towards 24.70 

Our pivot point stands at 24.20. 

Our preference: Short term rebound towards 24.70. 

Alternative scenario: Below 24.20, expect 24.00 and 23.90. 

Comment: The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Silver stands below its 20 and 50 period moving average (respectively at 24.55 and 24.91).

Analyst Views Chart

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