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Bretn

Strifor || USDCAD-01/05/2024Preferred direction: SELL Comment: A busy middle of the week, during which we expect large statistics on production and the US labor market, and at the very end we expect the announcement of the Fed interest rate. In addition, we will find out the Fed's prospects for the near future. Against this background, US dollar shorts still look better, at least in the short term. For the USDCAD currency pair, we consider two scenarios that can be found on the chart. We consider two scenarios simultaneously, since volatility is a common phenomenon against the backdrop of such economic events. We consider the target for the fall to be at the level of 1.37020. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Short
by Strifor
1
Strifor || XAUUSD-10/23/2023Preferred direction: BUY Comment: As expected, the metal rolled back from the level of 1981.683, a little, but true. This is exactly what we assumed in the extreme trading idea for gold. At the moment, the cutting of the indicated level continues, which will most likely end with the next update of the maximum. The chart shows two scenarios for long. It is 1 that is most considered, but the second scenario can also work if the bank player decides to expand the accumulation range. Thank you for like and share your views!
OANDA:XAUUSDLong
by Strifor
10