Strifor || USDCHF-Mid-term viewPreferred direction: SELL
Comment: The Swiss franc also performed well on our previous trading ideas, where the entry strategy was “border to border”. The medium-term prospects here are also not in favor of the US dollar , but in the long term, we consider USDCHF more in favor of the buyer.
At this stage, for a medium-term sell-deal, we highlight two scenarios, where the Scenario №1 is more likely and involves a false breakout of the upper balance line. Scenario №2 also assumes a false breakout of the upper border, but deeper towards the level of 0.90000. For now, we consider the target to be no lower than the lower border of the balance, namely the level of 0.87610.
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XAG USD ( Silver / US Dollar)
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00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
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08:54 USO Oil Stock Forecast
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12:40 Gold XAUUSD Stock Forecast
14:00 Silver XAGUSD
Silver Is Bouncing From The Support; Bullish Breakout Soon?We talked about silver (XAGUSD) in January, where we mentioned and highlighted strong support at the lower side of a triangle range. On January 26rd we shared a weekly chart of silver, where we warned about limited weakness and sideways contracting triangle range.
As you can see today, silver bounced from the lower triangle line and it’s back to the upper side of a triangle range, which can be signal for a completed A-B-C-D-E bullish triangle pattern, but bullish confirmation and real bullish breakout is only above 26 region.
So far we can see some nice recovery with an important move above 23.50 followed by push out of a base channel and above 24.50 on 4h time frame, which possibly that's wave (3) of 3 within an impulse, meaning more upside can be coming on silver as this one can be preparing on some major breakout of a big triangle, just be aware of short-term pullbacks.
SILVER - at his today supporting area? holding ?#SILVER... market just trade above his supporting area guys as we discussed in our video analysis that 24.90 is market full n final supporting area,
if market hold it then again a buying ride expected from here.
so far market didnot closed below that level in hour chart.
keep close it and dont hold your buying positions below that level,
good luck
trade wisely
Strifor || BTCUSD-Mid-term viewPreferred direction: SELL
Comment: Bitcoin , like Gold , remains in the center of attention for all market participants against the backdrop of recording historical highs for these instruments. It should be noted that there is a certain divergence here, since the following principle previously worked: " Metals rise (for example, against the backdrop of tensions in the world), and Bitcoin falls (since it is a high-risk asset and during a period of “tension” in the world, It's not the best investment tool." This also worked in a mirror format, when there is a bull market and demand for metal falls. Therefore, it is very important to do your own analysis and not make decisions entirely based on traditional market “patterns”.
As for the flagship coin, Bitcoin's position is still very strong, and the long-term prospects are quite positive for buyers. Many market participants considered the coin to be overbought, which, in turn, contributed to the renewal of the historical maximum. Today we are considering two main scenarios, which are mainly aimed in favor of the seller, but these are only medium-term prospects (no more). In long-term the coin looks very good. However, within the framework of a long-term re-test of the previous historical maximum (after ~3 years), it is quite normal that the instrument needs to take a “pause” after such rapid growth. And it is assumed that this will not be a long pause.
The scenario №1 assumes the beginning of a downward correction in the very near future. Here, the main “threshold” for a fall is located in the area of 61 000 - 60 000 . The scenario №2 assumes falls after updating the maximum; this maneuver would allow “eliminating unnecessary passengers” in the person of sellers who want to sell with increased leverage at the highs. This will be especially effective if events develop quickly. A corrective downward movement is also expected here towards 61 000 - 60 000.
If we consider longer-term prospects, then we also cannot exclude the possibility of a deeper correction, namely towards 50 000 . However, even in this case, the picture of the “bullish cycle” does not change, and with a high degree of probability, the instrument will resume growth. At a minimum, it will test the area at the 70 000 level.
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silver daily best level to buy/hold 20% gains🔸Hello traders, today let's review day/candle price chart for spot silver.
strong recovery in progress currently, limited downside and bulls maintain strategic advantage.
🔸V-shape recovery in progress, also potential bullish IHS setup (required confirmation).
right now we triggered mild overhead resistance near 25 usd and therefore expecting
short-term pullback before further upside.
🔸Recommended strategy for silver bulls: wait for pullback from overhead resistance and
be ready to reload on buy side near 23.10/23.50, stop loss fixed at 22.50. TP1 25.50
TP2 27.75 +20% gains / buy / hold setup for patient traders only. good luck!
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Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
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Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Natural Gas | DXY Crude Oil Silver Gold Price Forecast Natural Gas | DXY Crude Oil Silver Gold Analysis Price Forecast
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00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
06:28 AMEX:UNG Stock Forecast
08:55 USO Oil Stock Forecast
11:19 DXY US dollar Stock Forecast
12:28 Gold XAUUSD Stock Forecast
13:28 Silver XAGUSD
Strifor || GOLD-Mid-term viewPreferred direction: BUY
Comment: Metals continue to be among the top gainers, with gold trading at all-time highs. Such aggressive growth was caused by market participants who like to “catch the maximum”, i.e. find that very “filigree” point for a downward turn (in this case). Firstly, these are retail traders, but also various funds have begun to gain short-term and medium-term shorts, arguing that gold is heavily overbought. This, in turn, allowed larger participants to buy back these sales, and, as a result, a new historical maximum for the metal was recorded.
Today, gold maintains its bullish potential, although there may be a slight drawdown in the short term. A price rollback towards the levels of 2120 and 2100 is unlikely. It is important to consider two scenarios in terms of long-deals. Both scenarios are presented on the chart, where the scenario №1 assumes a maximum increase from current prices. Here we are clearly tied to the level of 2150 , from which the price has already bounced several times, which tells us that there is a limit buyer. However, no one ruled out breaking this level and trying to extend the fall below. This is where the scenario №2 , designed to create a false downward movement, comes in handy. After the price closes again above the 2150 level, we can expect the same growth as in the scenario №1 . The growth target is currently pegged at the levels of 2200 and 2220 .
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Strifor || EURUSD-Week StartingPreferred direction: SELL
Comment: For the euro, we continue to maintain sell-priority, and the trade according to scenario №1 in our previous trading idea is already in the works. At the moment, we expect a fall to 1.08500 , and most likely, sellers will realize this target this week. Sales are also relevant from current levels, and in addition, we do not yet exclude scenario №2 , which is shown on the chart, according to which, before falling to 1.08500 and below, the price will first test the level of 1.10000 .
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Strifor || EURUSD-13/03/2024Preferred direction: SELL
Comment: Considering the medium-term outlook for this currency pair, we continue to adhere to the weekly review, and the strength of the seller is still great. However, in the short term, most likely, the euro and the main competitors of the American currency will strengthen. We outlined this scenario for EURUSD at the beginning of the week, according to which there is a possibility of updating local highs, approaching the level of 1.10000 and after which, most likely, there will be a fall towards the level of 1.08500.
Therefore, scenario №1 has a higher priority in the middle of this week.
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Strifor || GBPUSD-13/03/2024Preferred direction: SELL
Comment: According to the results of yesterday's trading, the British pound fixed the target that we gave at the beginning of the week. At the moment, in the medium term, we are also looking down, which we noted in today’s trading ideas for the euro. Just like for the euro, the pound is expected to update its maximum at the level of 1.29000 , and after that, most likely, shorts can be considered. Therefore, scenario №1 is a priority, more conservative and more profitable.
If the price falls and closes at the level of 1.27500 , with a high degree of probability, the currency pair will continue to fall towards the level of 1.26500 .
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Silver, Breakout mode. XAGUSD / 1D
XAGUSD / 1D
Silver has been Trading in a trading range with a bullish long-term trend, the price recently tested a KEY Level which suggests a run higher.
Checkout the chart for the swing targets and what kind of confirmation bulls need to see for the next pull-back if it happens.
Trade safely,
Trader Leo
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Natural Gas Price Forecast | DXY Crude Oil Silver Gold Analysis
00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
03:33 AMEX:UNG Stock Forecast
07:04 USO Oil Stock Forecast
08:24 DXY US dollar Stock Forecast
09:17 Gold XAUUSD Stock Forecast
10:45 Silver XAGUSD
Strifor || GOLD-13/03/2024Preferred direction: BUY
Comment: For gold , the target that we gave at the beginning of the week was also fixed. Metals continue to maintain a strong buy-priority. Today, a further slight drawdown is expected towards the level of 2140 , after which there is a high probability of the formation of a balance with the lower limit at the level of 2140 , and the upper limit at 2200 .
Scenario №1 is the main one at the moment, scenario №2 assumes a deeper downward correction. In both cases, the target is located near the level of 2200 .
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