Strifor

Strifor Updated 

Preferred direction: BUY Comment: Metals also look good for long-trade at the beginning of this week, but buyers here will most likely have more difficulties than on the same currency pairs. A more likely scenario, especially for silver , is to first fall below local support before rising. This maneuver made it possible to rid the market of "spare buyers"...

Strifor Updated 

Preferred direction: BUY Comment: Our previous sell trading idea of a coin as part of a correctional movement is considered to be worked out, and it’s time to talk about potential growth and new highs, which were also discussed in the previous trading idea for Bitcoin . Ahead of us is the level of 62 000 , where the nearest support is located at the time of...

Strifor Updated 

Preferred direction: BUY Comment: In the coming week, gold is expected to approach the level of 2150 , to which all attention was focused a little earlier, and as a result, it was from this support that we recorded another maximum for the metal. However, despite the expected weakening of the US dollar , the metal will, at best, trade near its highs. We...

Strifor Updated 

Preferred direction: BUY Comment: In addition to the New Zealand dollar, the idea that we described a little earlier, its "older brother" the Australian dollar is also excellent for longs. The idea is still the same, namely the medium-term weakening of the American currency . We highlight two scenarios for the development of events with a common target...

Strifor Updated 

Preferred direction: BUY Comment: Within frameworks this week, we've been following the buy-priority on the main currencies that compete with the US dollar . It can be assumed that the long-term outlook will most likely be positive for the American currency, but the medium term will most likely take place within the framework of a downward correction for this...

Strifor Updated 

Preferred direction: BUY Comment: The British currency is also on the bullish list, after the significant strengthening of the US dollar over the past week. Such a strong drop was caused by an attempt by market buyers to buy off the bottom of the market, and in turn, a limit seller was actively working on the market, pushing the price down and liquidating...

Strifor Updated 

Preferred direction: BUY Comment: Despite the significant strengthening of the US dollar , we will be more buy-first in the coming weeks. The prospect of a purchase is planned within 1–2 weeks , that is, we are dealing with a medium-term trade. At the beginning of the week, we highlight two scenarios, where scenario №1 assumes a slight update of the local...

Strifor

Preferred direction: Neutral Comment: Gold worked out our long scenarios perfectly once again, and as we noted in previous trading ideas, the level of 2200 was reached as a target. Today, gold will most likely trade around the 2200 level. Further growth is not considered as optimistically as before.  We highlight two scenarios for this instrument,...

Strifor

Preferred direction: BUY Comment: After the Fed meeting , the pound, like most majors, strengthened its position and in the near future, this trend is likely to continue. Of course, surprises from the Bank of England today cannot be ruled out, so the focus on the British currency today is the greatest. It is unlikely that the regulator will suddenly lower...

Strifor

Preferred direction: BUY Comment: As we expected, the Fed nevertheless served as a catalyst for the start of a correction in the American currency . All long trades on the EURUSD currency pair are closed, but despite this, we continue to adhere to the buy priority. At the moment, we also have two scenarios in our arsenal, where scenario №1 assumes...

Strifor Updated 

Preferred direction: BUY Comment: Before the Fed meeting on gold, we activated scenario №1 , which we published at the beginning of the week. Here, the long-trade was executed from the level of 2150 . This support is a limit area for long-player, but no one has canceled its break down, and the likelihood of this saves. Just for this, we have scenario №2 ,...

Strifor Updated 

Preferred direction: BUY Comment: The British currency , just like the euro , saves all the parameters of a long trade that we gave at the beginning of the week. The likely drawdown may be down to the level of 1.26000 , according to scenario №2 . However, scenario №1 is already active. It is preferable to consider the entry method "step-by-step", that...

Strifor Updated 

Preferred direction: BUY Comment: The main event of the week will take place today, namely the Fed meeting and the decision on the interest rate. However, market participants will be most interested in the FOMC commentary and the press conference to find out the future prospects for US monetary policy. Regarding the EURUSD currency pair, we completely...

Strifor Updated 

Preferred direction: BUY Comment: As expected earlier, the US dollar has strengthened against all major competitors, and the AUDUSD currency pair is at the top of this list. The main trigger for the fall was the RBA meeting. However, we previously noted that for this instrument a setup was formed for at least a downward correction. It should be noted...

Strifor Updated 

Preferred direction: BUY Comment: Metals are still saved a strong buy priority in the long-term view, but also over a shorter distance, the buyer is likely to show their strength. Growth above 2200 is not being considered for gold . We are not changing our previous setup at the moment, that is, both scenarios are saved. At the moment, scenario №1 is...

Strifor Updated 

Preferred direction: BUY Comment: The bullish mood this week is also typical for the pound . Here, as well as for the euro , most likely the medium-term prospects will develop in favor of the buyer. As with the euro , the first half of the week will most likely be bearish for this currency pair, and in the second half of the week we can expect a start to...

Strifor Updated 

Preferred direction: BUY Comment: The week on the market is expected to be hot, with a number of important news awaiting us, namely the decisions of a number of leading central banks on interest rates . This week we stick more to the buy priority, but most likely this week will be predominantly in favor of the seller. It is expected that growth in the euro...

Strifor Updated 

Preferred 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...