EUR/USD intraday : the downside prevails as long as 1.1386 is resistance
Our pivot point is at 1.1386.
Our preference: the downside prevails as long as 1.1386 is resistance
Alternative scenario: above 1.1386, look for 1.1416 and 1.1435.
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 stands below its 20 and 50 period moving average (respectively at 1.1388 and 1.1394).
Supports and resistances:
1.1435 **
1.1416 *
1.1386 **
1.1373
1.1351 last
1.1313
1.1294 **
1.1276 *
1.1258 **
https://charts.tradingcentral.com/charts/74_20250423165246.gif
Our pivot point is at 1.1386.
Our preference: the downside prevails as long as 1.1386 is resistance
Alternative scenario: above 1.1386, look for 1.1416 and 1.1435.
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 stands below its 20 and 50 period moving average (respectively at 1.1388 and 1.1394).
Supports and resistances:
1.1435 **
1.1416 *
1.1386 **
1.1373
1.1351 last
1.1313
1.1294 **
1.1276 *
1.1258 **
https://charts.tradingcentral.com/charts/74_20250423165246.gif
5 Things to Know: 24/04/2025
📈Toyota Motor reported record-high overseas sales for March, driven by a surge in North American demand ahead of U.S. import tariffs that began in early April. The automaker sold 814,105 vehicles outside Japan, up 6.7% year-on-year, with North American sales rising 6.8%.
🚗Tesla’s sales in Europe fell sharply in March, capping a weak first quarter amid a sales boycott, rising competition, and tariff-related headwinds. New registrations dropped to 28,502 units, down from 39,684 a year earlier. While sales improved from February, Tesla’s market share slipped to 1.6% from 1.8%.
🪙Bitcoin rose 2.8% to $93,662.9 by 8:53 PM GMT+4 on Wednesday, hitting its highest level since early March, after President Trump withdrew threats to remove Fed Chair Powell and signaled possible tariff cuts on China.
🇺🇸The U.S. unemployment claims report is scheduled for release today at 4:30 PM GMT+4, with a forecast of 222K, up from the previous reading of 215K. Markets will likely watch closely for signs of labor market cooling or resilience.
🏠The U.S. existing home sales report is set for release today at 6:00 PM GMT+4, with a forecast of 4.14 million, down from the previous 4.26 million. The data will offer insight into housing demand and the impact of interest rates on the real estate market.
📈Toyota Motor reported record-high overseas sales for March, driven by a surge in North American demand ahead of U.S. import tariffs that began in early April. The automaker sold 814,105 vehicles outside Japan, up 6.7% year-on-year, with North American sales rising 6.8%.
🚗Tesla’s sales in Europe fell sharply in March, capping a weak first quarter amid a sales boycott, rising competition, and tariff-related headwinds. New registrations dropped to 28,502 units, down from 39,684 a year earlier. While sales improved from February, Tesla’s market share slipped to 1.6% from 1.8%.
🪙Bitcoin rose 2.8% to $93,662.9 by 8:53 PM GMT+4 on Wednesday, hitting its highest level since early March, after President Trump withdrew threats to remove Fed Chair Powell and signaled possible tariff cuts on China.
🇺🇸The U.S. unemployment claims report is scheduled for release today at 4:30 PM GMT+4, with a forecast of 222K, up from the previous reading of 215K. Markets will likely watch closely for signs of labor market cooling or resilience.
🏠The U.S. existing home sales report is set for release today at 6:00 PM GMT+4, with a forecast of 4.14 million, down from the previous 4.26 million. The data will offer insight into housing demand and the impact of interest rates on the real estate market.
📊 Click here to access the daily technical report, featuring technical analysis of approximately 20 financial instruments, including currencies, major stock indices, commodities, and metals !
EUR/USD Intraday: key resistance at 1.1440.
Pivot: 1.1440
Our preference: short positions below 1.1440 with targets at 1.1315 & 1.1265 in extension.
Alternative scenario: above 1.1440 look for further upside with 1.1490 & 1.1545 as targets.
Comment: as long as 1.1440 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1545
1.1490
1.1440
1.1381 Last
1.1315
1.1265
1.1180
https://charts.tradingcentral.com/charts/74_20250424104520.gif
Pivot: 1.1440
Our preference: short positions below 1.1440 with targets at 1.1315 & 1.1265 in extension.
Alternative scenario: above 1.1440 look for further upside with 1.1490 & 1.1545 as targets.
Comment: as long as 1.1440 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1545
1.1490
1.1440
1.1381 Last
1.1315
1.1265
1.1180
https://charts.tradingcentral.com/charts/74_20250424104520.gif
Crude Oil (WTI) (M5) Intraday: key resistance at 63.20.
Pivot: 63.20
Our preference: short positions below 63.20 with targets at 61.55 & 61.00 in extension.
Alternative scenario: above 63.20 look for further upside with 64.00 & 64.85 as targets.
Comment: as long as 63.20 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
64.85
64.00
63.20
62.88 Last
61.55
61.00
60.00
https://charts.tradingcentral.com/charts/174_20250424105751.gif
Pivot: 63.20
Our preference: short positions below 63.20 with targets at 61.55 & 61.00 in extension.
Alternative scenario: above 63.20 look for further upside with 64.00 & 64.85 as targets.
Comment: as long as 63.20 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
64.85
64.00
63.20
62.88 Last
61.55
61.00
60.00
https://charts.tradingcentral.com/charts/174_20250424105751.gif
Gold Intraday: intraday support around 3305.00.
Pivot: 3305.00
Our preference: long positions above 3305.00 with targets at 3348.00 & 3367.00 in extension.
Alternative scenario: below 3305.00 look for further downside with 3278.00 & 3260.00 as targets.
Comment: the RSI has just landed on its neutrality area at 50% and is turning up.
Supports and resistances:
3386.00
3367.00
3348.00
3333.47 Last
3305.00
3278.00
3260.00
https://charts.tradingcentral.com/charts/169_20250424105931.gif
Pivot: 3305.00
Our preference: long positions above 3305.00 with targets at 3348.00 & 3367.00 in extension.
Alternative scenario: below 3305.00 look for further downside with 3278.00 & 3260.00 as targets.
Comment: the RSI has just landed on its neutrality area at 50% and is turning up.
Supports and resistances:
3386.00
3367.00
3348.00
3333.47 Last
3305.00
3278.00
3260.00
https://charts.tradingcentral.com/charts/169_20250424105931.gif
EUR/USD Intraday: key resistance at 1.1440.
Pivot: 1.1440
Our preference: short positions below 1.1440 with targets at 1.1315 & 1.1265 in extension.
Alternative scenario: above 1.1440 look for further upside with 1.1490 & 1.1545 as targets.
Comment: as long as 1.1440 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1545
1.1490
1.1440
1.1379 Last
1.1315
1.1265
1.1180
https://charts.tradingcentral.com/charts/74_20250424130137.gif
Pivot: 1.1440
Our preference: short positions below 1.1440 with targets at 1.1315 & 1.1265 in extension.
Alternative scenario: above 1.1440 look for further upside with 1.1490 & 1.1545 as targets.
Comment: as long as 1.1440 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1545
1.1490
1.1440
1.1379 Last
1.1315
1.1265
1.1180
https://charts.tradingcentral.com/charts/74_20250424130137.gif
EUR/USD intraday : target 1.1298
Our pivot point is at 1.1399.
Our preference: target 1.1298
Alternative scenario: above 1.1399, look for 1.1430 and 1.1448.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (1.1373) but above its 50 period moving average (1.1351).
Supports and resistances:
1.1448 **
1.1430 *
1.1399 **
1.1387
1.1359 last
1.1316
1.1298 **
1.1279 *
1.1261 **
https://charts.tradingcentral.com/charts/74_20250424153107.gif
Our pivot point is at 1.1399.
Our preference: target 1.1298
Alternative scenario: above 1.1399, look for 1.1430 and 1.1448.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (1.1373) but above its 50 period moving average (1.1351).
Supports and resistances:
1.1448 **
1.1430 *
1.1399 **
1.1387
1.1359 last
1.1316
1.1298 **
1.1279 *
1.1261 **
https://charts.tradingcentral.com/charts/74_20250424153107.gif
Crude Oil (WTI) (M5) Intraday: key resistance at 63.20.
Pivot: 63.20
Our preference: short positions below 63.20 with targets at 61.55 & 61.00 in extension.
Alternative scenario: above 63.20 look for further upside with 64.00 & 64.85 as targets.
Comment: a break below 61.55 would trigger a drop towards 61.00.
Supports and resistances:
64.85
64.00
63.20
62.48 Last
61.55
61.00
60.00
https://charts.tradingcentral.com/charts/174_20250424173159.gif
Pivot: 63.20
Our preference: short positions below 63.20 with targets at 61.55 & 61.00 in extension.
Alternative scenario: above 63.20 look for further upside with 64.00 & 64.85 as targets.
Comment: a break below 61.55 would trigger a drop towards 61.00.
Supports and resistances:
64.85
64.00
63.20
62.48 Last
61.55
61.00
60.00
https://charts.tradingcentral.com/charts/174_20250424173159.gif
Gold Intraday: intraday support around 3305.00.
Pivot: 3305.00
Our preference: long positions above 3305.00 with targets at 3365.00 & 3391.00 in extension.
Alternative scenario: below 3305.00 look for further downside with 3278.00 & 3260.00 as targets.
Comment: the next resistances are at 3365.00 and then at 3391.00.
Supports and resistances:
3413.00
3391.00
3365.00
3321.00 Last
3305.00
3278.00
3260.00
https://charts.tradingcentral.com/charts/169_20250424173159.gif
Pivot: 3305.00
Our preference: long positions above 3305.00 with targets at 3365.00 & 3391.00 in extension.
Alternative scenario: below 3305.00 look for further downside with 3278.00 & 3260.00 as targets.
Comment: the next resistances are at 3365.00 and then at 3391.00.
Supports and resistances:
3413.00
3391.00
3365.00
3321.00 Last
3305.00
3278.00
3260.00
https://charts.tradingcentral.com/charts/169_20250424173159.gif
Crude Oil (WTI) (M5) Intraday: key resistance at 63.20.
Pivot: 63.20
Our preference: short positions below 63.20 with targets at 61.55 & 61.00 in extension.
Alternative scenario: above 63.20 look for further upside with 64.00 & 64.85 as targets.
Comment: a break below 61.55 would trigger a drop towards 61.00.
Supports and resistances:
64.85
64.00
63.20
62.29 Last
61.55
61.00
60.00
https://charts.tradingcentral.com/charts/174_20250424175028.gif
Pivot: 63.20
Our preference: short positions below 63.20 with targets at 61.55 & 61.00 in extension.
Alternative scenario: above 63.20 look for further upside with 64.00 & 64.85 as targets.
Comment: a break below 61.55 would trigger a drop towards 61.00.
Supports and resistances:
64.85
64.00
63.20
62.29 Last
61.55
61.00
60.00
https://charts.tradingcentral.com/charts/174_20250424175028.gif
Company: Intel (INTC)
EPS:
Actual: $0.13
Forecast: $0.0033
Revenue:
Actual: $12.7B
Forecast: $12.25B
EPS:
Actual: $0.13
Forecast: $0.0033
Revenue:
Actual: $12.7B
Forecast: $12.25B
📊 Click here to access the daily technical report, featuring technical analysis of approximately 20 financial instruments, including currencies, major stock indices, commodities, and metals !
EUR/USD Intraday: watch 1.1310.
Pivot: 1.1380
Our preference: short positions below 1.1380 with targets at 1.1310 & 1.1280 in extension.
Alternative scenario: above 1.1380 look for further upside with 1.1400 & 1.1430 as targets.
Comment: a break below 1.1310 would trigger a drop towards 1.1280.
Supports and resistances:
1.1430
1.1400
1.1380
1.1334 Last
1.1310
1.1280
1.1250
https://charts.tradingcentral.com/charts/74_20250425070148.gif
Pivot: 1.1380
Our preference: short positions below 1.1380 with targets at 1.1310 & 1.1280 in extension.
Alternative scenario: above 1.1380 look for further upside with 1.1400 & 1.1430 as targets.
Comment: a break below 1.1310 would trigger a drop towards 1.1280.
Supports and resistances:
1.1430
1.1400
1.1380
1.1334 Last
1.1310
1.1280
1.1250
https://charts.tradingcentral.com/charts/74_20250425070148.gif
Gold Intraday: the downside prevails.
Pivot: 3342.00
Our preference: short positions below 3342.00 with targets at 3285.00 & 3260.00 in extension.
Alternative scenario: above 3342.00 look for further upside with 3370.00 & 3392.00 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
3392.00
3370.00
3342.00
3307.39 Last
3285.00
3260.00
3230.00
https://charts.tradingcentral.com/charts/169_20250425091122.gif
Pivot: 3342.00
Our preference: short positions below 3342.00 with targets at 3285.00 & 3260.00 in extension.
Alternative scenario: above 3342.00 look for further upside with 3370.00 & 3392.00 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
3392.00
3370.00
3342.00
3307.39 Last
3285.00
3260.00
3230.00
https://charts.tradingcentral.com/charts/169_20250425091122.gif
Crude Oil (WTI) (M5) Intraday: the bias remains bullish.
Pivot: 62.50
Our preference: long positions above 62.50 with targets at 63.60 & 64.10 in extension.
Alternative scenario: below 62.50 look for further downside with 62.00 & 61.55 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
64.85
64.10
63.60
63.20 Last
62.50
62.00
61.55
https://charts.tradingcentral.com/charts/174_20250425091359.gif
Pivot: 62.50
Our preference: long positions above 62.50 with targets at 63.60 & 64.10 in extension.
Alternative scenario: below 62.50 look for further downside with 62.00 & 61.55 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
64.85
64.10
63.60
63.20 Last
62.50
62.00
61.55
https://charts.tradingcentral.com/charts/174_20250425091359.gif
EUR/USD Intraday: consolidation in place.
Pivot: 1.1380
Our preference: short positions below 1.1380 with targets at 1.1310 & 1.1280 in extension.
Alternative scenario: above 1.1380 look for further upside with 1.1400 & 1.1430 as targets.
Comment: as long as 1.1380 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1430
1.1400
1.1380
1.1340 Last
1.1310
1.1280
1.1250
https://charts.tradingcentral.com/charts/74_20250425111111.gif
Pivot: 1.1380
Our preference: short positions below 1.1380 with targets at 1.1310 & 1.1280 in extension.
Alternative scenario: above 1.1380 look for further upside with 1.1400 & 1.1430 as targets.
Comment: as long as 1.1380 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1430
1.1400
1.1380
1.1340 Last
1.1310
1.1280
1.1250
https://charts.tradingcentral.com/charts/74_20250425111111.gif
