Dear Valued Customer,

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.
Newsletter Header
 
Daily Market Newsletter
September 27, 2024
 
   
 
Gold   GBP/USD   EUR/USD   Dow Jones (CME)   Crude Oil (WTI)   Bitcoin / USD   Nasdaq 100 (CME)   Dax (Eurex)  
 
 
 
 
  Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.
 
 
     
 
Gold Intraday: bullish bias above 2658.00.
 
Pivot:
2658.00
 
Our preference:
Long positions above 2658.00 with targets at 2677.00 & 2685.00 in extension.
 
Alternative scenario:
Below 2658.00 look for further downside with 2650.00 & 2640.00 as targets.
 
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
 
Analyst Views Chart
 
TRADE NOW
 
 
 
 
 
GBP/USD Intraday: consolidation in place.
 
Pivot:
1.3405
 
Our preference:
Short positions below 1.3405 with targets at 1.3340 & 1.3310 in extension.
 
Alternative scenario:
Above 1.3405 look for further upside with 1.3435 & 1.3470 as targets.
 
Comment:
As long as 1.3405 is resistance, look for choppy price action with a bearish bias.
 
Analyst Views Chart
 
TRADE NOW
 
 
 
 
 
EUR/USD Intraday: continuation of the rebound.
 
Pivot:
1.1140
 
Our preference:
Long positions above 1.1140 with targets at 1.1190 & 1.1210 in extension.
 
Alternative scenario:
Below 1.1140 look for further downside with 1.1120 & 1.1105 as targets.
 
Comment:
The RSI calls for a rebound.
 
Analyst Views Chart
 
TRADE NOW
 
 
 
 
 
Dow Jones (CME)‎ (Z4)‎ Intraday: watch 42620.00.
 
Pivot:
42400.00
 
Our preference:
Long positions above 42400.00 with targets at 42620.00 & 42675.00 in extension.
 
Alternative scenario:
Below 42400.00 look for further downside with 42330.00 & 42230.00 as targets.
 
Comment:
The RSI is above its neutrality area at 50%.
 
Analyst Views Chart
 
TRADE NOW
 
 
 
 
Download the MetaTrader plugin for Trading Central
 
 
     
 
Crude Oil (WTI)‎ (X4)‎ Intraday: the downside prevails.
 
Pivot:
68.70
 
Our preference:
Short positions below 68.70 with targets at 66.95 & 66.30 in extension.
 
Alternative scenario:
Above 68.70 look for further upside with 69.50 & 70.40 as targets.
 
Comment:
As long as the resistance at 68.70 is not surpassed, the risk of the break below 66.95 remains high.
 
Analyst Views Chart
 
TRADE NOW
 
 
 
 
 
Bitcoin / Dollar intraday: the upside prevails as long as 64560 is support
 
Our pivot point stands at 64560.
 
Our preference:
The upside prevails as long as 64560 is support.
 
Alternative scenario:
Below 64560, expect 63260 and 62490.
 
Comment:
The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 65282 and 64925).
 
Analyst Views Chart
 
TRADE NOW
 
 
 
 
 
Nasdaq 100 (CME)‎ (Z4)‎ Intraday: bullish bias above 20190.00.
 
Pivot:
20190.00
 
Our preference:
Long positions above 20190.00 with targets at 20375.00 & 20450.00 in extension.
 
Alternative scenario:
Below 20190.00 look for further downside with 20070.00 & 19990.00 as targets.
 
Comment:
The RSI is around its neutrality area at 50%
 
Analyst Views Chart
 
TRADE NOW
 
 
 
 
 
Dax (Eurex)‎ (Z4)‎ Intraday: expect 19525.00.
 
Pivot:
19220.00
 
Our preference:
Long positions above 19220.00 with targets at 19525.00 & 19700.00 in extension.
 
Alternative scenario:
Below 19220.00 look for further downside with 19110.00 & 19015.00 as targets.
 
Comment:
Technically the RSI is above its neutrality area at 50.
 
Analyst Views Chart
 
TRADE NOW
 
 
Banner Ad
     
 
 
  Twitter   LinkedIn   Instagram   FaceBook   YouTube  
 
 
 
 
MEX Atlantic Terms and Conditions

MEX Atlantic Corporation Company No. 354945 is regulated by the Cayman Islands Monetary Authority (License Number 1811316). MEX Atlantic is registered at 4th Floor, Harbour Place, 103 Church Street, PO Box 10240, Grand Cayman, KY1-1002, Cayman Islands.

DISCLAIMER: MEX Atlantic Corporation does not represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information provided here, whether from a third party or not, is not to be considered as a recommendation; an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. All opinions, news, analysis, prices or other information contained in this communication are provided as general market commentary. No warranty is given that the information or data is accurate, reliable or up to date. Further, this information has been prepared without regard to any specific investment objectives or financial position (including deposit size, leverage, risk appetite and risk exposure) of any specific person. Any reference to historical price movements is informational. MEX Atlantic Corporation does not represent or warrant that such movements are likely to occur in the future, as past performance is not necessarily indicative of future results. The information provided is not intended to be used as a general guide to investment and does not constitute investment advice or as a source of any specific investment recommendations. MEX Atlantic Corporation accepts no liability for any action taken or not taken in reliance on material, content or information contained in this e-mail.

Dealing in foreign exchange contracts and our other over-the-counter derivative products carries significant risk. You may lose all of your initial investment and you may also incur losses that exceed your initial investment.

You are receiving this email because you have agreed to be added to our email subscription list through your registered email address {{email}}. If you no longer wish to receive this type of email, you can unsubscribe here.

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
 

MEX Atlantic - cs@mexatlantic.com
Trading Central