Our pivot point stands at 1187.5.
Our preference: the downside prevails as long as 1187.5 is resistance.
Alternative scenario: the upside breakout of 1187.5, would call for 1218.6 and 1237.2.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1171.8 and 1181).
Supports and resistances:
1237.2 **
1218.6 *
1187.5 **
1175.2
1160.4 last
1109.3
1091.0 **
1072.7 *
1054.5 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-16-2025 at 23:42 UTC+1
Price reference: 1160.4 last known on 10-16-2025 at 23:42 UTC+1
Investment horizon: INTRADAY
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