Preferred direction: BUY Comment: AUDUSD is also on the buy list. This currency pair is also one of the most promising for short-term buyers. Most likely, growth will begin as much as possible at current prices (scenario №1). Here we have a good local upward trend, towards which we are considering trades. One can also consider going long from the level of ...
Preferred direction: BUY Comment: Buy-priority is also relevant for the New Zealand dollar . Most likely in the very near future we will once again go for maximum updates. The growth target is considered at the level of 0.61670. The most likely scenario, as we have outlined, is an increase from current prices (scenario №1). One can also consider growth...
Preferred direction: BUY Comment: It didn’t take long for us to realize our previous trading idea for the euro . At the moment, we have the fact that the target has been fixed. Today, the market's focus will be on the US CPI , against the backdrop of which we expect another short-term growth in favor of the main competitors of the US dollar. The most...
Preferred direction: BUY Comment: Against the backdrop of the upcoming news week, metals in particular are best viewed from a medium-term perspective. Here, for silver , the most likely scenario seems to be the formation of accumulation and then growth towards a local maximum of 30 exactly ( scenario №1). We also designate Scenario №2, and it is mainly...
Preferred direction: BUY Comment: The short-term strengthening of the US dollar's main competitors is relevant, and the New Zealand dollar is no exception. It should even be noted that this currency pair is among the top for short-term growth today. Strengthening of the NZDUSD is expected towards the level of 0.60713 , as well as in the case of the...
Preferred direction: BUY Comment: The current week will be the most intense compared to the previous one, as a number of important economic data are expected to be published. The focus will certainly be on the US CPI. Against this background, we still adhere to the buy priority for the Australian dollar and expect growth to the maximum level of 0.66460 ...
Preferred direction: BUY Comment: As a result of last week, gold showed local growth and closed above the level of 2343.869 . This trend is likely to favor buyers, especially in the short term, as we expect the publication of US inflation data on Wednesday, which is likely to particularly affect short-term trends. You need to take this into account and be...
Preferred direction: BUY Comment: According to the British pound , buyers continue to fight for the support area at the 1.25000 level, which is the key area at the moment. For the coming week, the buy-priority will remain relevant, but you need to be careful, especially in the middle of the week, when US inflation data will be published. The likely best...
Preferred direction: BUY Comment: The previous week passed without particularly important economic events, against the background of which we did not observe much volatility in the market or changes. Thus, the prospects for growth against the US dollar at the beginning of this week remain. It is not too late for euro buyers to open a trade, if this has not...
Preferred direction: BUY Comment: The New Zealand dollar is also considered in favor of a buyer in a short-term deal. The target is still at the level of 0.60713 . Both previously published scripts are already in production. It should also be noted here that more medium-term prospects will most likely be in favor of the US dollar , and you should not count...
Preferred direction: SELL Comment: The Canadian dollar stands out from other majors today as Canadian labor market data is expected to be released. Previously, we adhered to sell priority and the targets for the previous trading idea can be considered closed. Ahead of today's statistics, we remain bearish and highlight two main scenarios. Scenario №1 is...
Preferred direction: BUY Comment: In the second half of the week, the main trading instruments finally began to move in the directions we had previously indicated. For the Australian dollar, today we can expect the previously set target at 0.66460 . At the moment, both scenarios are activated, of course, the most effective, as expected, is scenario №2....
Preferred direction: Neutral Comment: As we expected at the beginning of the week, metals are mostly standing still. In addition, we talked about a likely fall, and the mood associated with it only strengthened in the second half of the week. The most likely scenario №1 looks in favor of the seller, and here an approach to the level of 2250 is expected....
Preferred direction: BUY Comment: Despite the fact that the British currency is currently one of the weakest among the majors, we still adhere to buy-priority against the US dollar. Today, one of the most important events of this week will take place, namely the meeting of the Bank of England . The number of participants with short positions is dominant,...
Preferred direction: BUY Comment: The trading idea to go long on the euro , which we gave at the beginning of the week, remains relevant. At the moment, we have both scenarios activated, with special attention to scenario №2. The current week is not rich in economic events, which in turn allows the dollar to strengthen. We talked about this in previous...
Preferred direction: BUY Comment: The next buy transaction is being considered for the EURAUD currency pair. We previously considered both long and short positions for this instrument. Today it is not too late to join long positions, and most likely, starting from the current price, the price will go to the level of 1.64767 (scenario №1) , where our goal...
Preferred direction: SELL Comment: For the USDCAD currency pair, we continue to adhere to the priority of sales. In our final trading idea for this instrument, we identified two scenarios where one of the selling options was the level of 1.37600 . The price is at this level now. A fall near this level is more likely today (scenario №1) , since there is...
Preferred direction: SELL Comment: Against the backdrop of a calm week on the economic calendar, the US dollar is trying to strengthen, but this is likely to change in the near future. We continue to consider short-term sell priority for the dollar. Considering the USDCHF currency pair, the most conservative is at the level of 0.91424 (scenario №1) ....