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Your Daily Technical Analysis Newsletter
July 8, 2026
 
   
 
EUR/USD   GBP/USD   Dow Jones (CME)   Gold   Dax (Eurex)   Brent (ICE)   Crude Oil (WTI)   Nasdaq 100 (CME)   Apple   Tesla  
 
 
 
 
  Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.
 
 
     
 
 
Web TV from Trading Central
 
 
 
USD/CAD Intraday: Downside Prevails
 
On an intraday basis, USD/CAD remains bearish ahead of the Federal Reserve's FOMC meeting minutes.
 
WATCH NOW
 
 
     
 
EUR/USD intraday: under pressure.
 
Pivot:
1.1430
 
Our preference:
Short positions below 1.1430 with targets at 1.1375 & 1.1360 in extension.
 
Alternative scenario:
Above 1.1430 look for further upside with 1.1445 & 1.1455 as targets.
 
Comment:
As long as 1.1430 is resistance, look for choppy price action with a bearish bias.
 
Analyst Views Chart
 
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GBP/USD intraday: under pressure.
 
Pivot:
1.3370
 
Our preference:
Short positions below 1.3370 with targets at 1.3300 & 1.3270 in extension.
 
Alternative scenario:
Above 1.3370 look for further upside with 1.3390 & 1.3400 as targets.
 
Comment:
As long as 1.3370 is resistance, look for choppy price action with a bearish bias.
 
Analyst Views Chart
 
Trade Now
 
 
 
 
 
Dow Jones (CME)‎ (U6)‎ intraday: the downside prevails.
 
Pivot:
52910
 
Our preference:
Short positions below 52910 with targets at 52410 & 52230 in extension.
 
Alternative scenario:
Above 52910 look for further upside with 53090 & 53260 as targets.
 
Comment:
The RSI has broken down its 30 level.
 
Analyst Views Chart
 
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Gold intraday : the RSI is oversold
 
Our pivot point is at 4,115.
 
Our preference:
The downside prevails as long as 4,115 is resistance
 
Alternative scenario:
Above 4,115, look for 4,145 and 4,163.
 
Comment:
The RSI is below 30. It could either mean that the price is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). 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 4,113 and 4,126). Finally, the Gold is trading below its lower Bollinger band (standing at 4,078).
 
Analyst Views Chart
 
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Dax (Eurex)‎ (U6)‎ intraday: the downside prevails.
 
Pivot:
25275
 
Our preference:
Short positions below 25275 with targets at 24820 & 24700 in extension.
 
Alternative scenario:
Above 25275 look for further upside with 25435 & 25540 as targets.
 
Comment:
The RSI has broken down its 30 level.
 
Analyst Views Chart
 
Trade Now
 
 
 
 
 
Brent (ICE)‎ (U6)‎ intraday: further upside.
 
Pivot:
76.70
 
Our preference:
Long positions above 76.70 with targets at 79.70 & 80.90 in extension.
 
Alternative scenario:
Below 76.70 look for further downside with 75.50 & 74.40 as targets.
 
Comment:
The immediate trend remains up and the momentum is strong.
 
Analyst Views Chart
 
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Crude Oil (WTI)‎ (Q6)‎ intraday: further advance.
 
Pivot:
72.90
 
Our preference:
Long positions above 72.90 with targets at 75.15 & 76.00 in extension.
 
Alternative scenario:
Below 72.90 look for further downside with 71.80 & 71.25 as targets.
 
Comment:
The immediate trend remains up and the momentum is strong.
 
Analyst Views Chart
 
Trade Now
 
 
 
 
 
Nasdaq 100 (CME)‎ (U6)‎ intraday: the downside prevails.
 
Pivot:
29550
 
Our preference:
Short positions below 29550 with targets at 28795 & 28500 in extension.
 
Alternative scenario:
Above 29550 look for further upside with 29730 & 29910 as targets.
 
Comment:
The RSI is bearish and calls for further decline.
 
Analyst Views Chart
 
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Apple intraday : target 303.86
 
Our pivot point is at 315.16.
 
Our preference:
Target 303.86
 
Alternative scenario:
Above 315.16, look for 318.78 and 320.94.
 
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 (312.65) but above its 50 period moving average (307.09). Finally, the Apple is trading below its lower Bollinger band (standing at 310.84).
 
Analyst Views Chart
 
Trade Now
 
 
 
 
 
Tesla intraday : the downside prevails as long as 412.39 is resistance
 
Our pivot point is at 412.39.
 
Our preference:
The downside prevails as long as 412.39 is resistance
 
Alternative scenario:
Above 412.39, look for 421.66 and 427.19.
 
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 410.65 and 410.15).
 
Analyst Views Chart
 
Trade Now
 
 
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