TradePlus-Fx

TradePlus-Fx Updated 

💬 Description: The local bearish trend in metals also remains in force for now, especially in Gold. The current location of the price at the level of 1930 will most likely repel buyers from entering the market since resistance is located here. As you can see in the chart, this area is interesting to the market, and accordingly, liquidity is located here....

TradePlus-Fx Updated 

💬Description: Metals, as well as currencies, remain under pressure from the US dollar, although a slight recovery is expected today, and you should be careful with it, since the USD has every reason to start growing again in the afternoon. The downside goal for Gold, indicated in the previous trading idea at 1895.595 , remains unchanged. Before this, we are...

TradePlus-Fx Updated 

📅 Date: 01/18/2023 ➡️ Trading instrument: EURUSD 📊 Priority direction: BUY 💬 Comment: The same weakness is observed for the US dollar, the market still continues to accumulate positions against the dollar. Most likely there will be at least a pause in this trend, but before that one more impulse against the US dollar is expected, then it will be necessary to...

TradePlus-Fx Updated 

📅 Date: 11/22/2022 ➡️ Trading instrument: EURUSD 📊 Priority direction: SELL 💬 Comment: The single European currency has not yet been able to overcome the resistance area of ​​1.03604 - 1.05191. This wide range is likely to be tried again by buyers. As expected, the maximum that will be so is a hike to the level of 1.03604, that is now acting as resistance. A...

TradePlus-Fx Updated 

📅 Date: 11/08/2022 ➡️ Trading instrument: XAUUSD (GOLD) 📊 Priority direction: BUY 💬 Comment: There is support for the current growth in metals, open sales at today's levels do not carry the likelihood of a downward reversal. Technically, it is assumed that the lowest level that the price can touch now is $1660. Upside potential is located at the $1691...

TradePlus-Fx Updated 

📅 Date: 10/14/2022 ➡️ Trading instrument: DXY 📊 Priority direction: SELL 💬 Comment: The focus of attention for today on DXY is a large range of 109 - 114. The price at the time of writing this trade idea is right in the middle of this range. The entry point is not the most comfortable, it is much more conservative to consider trade at the upper or lower...

TradePlus-Fx Updated 

📅 Date: 09/30/2022 ➡️ Trading instrument: USDJPY 📊 Priority direction: BUY 💬 Comment: The current balance of the USDJPY currency pair in the price area of ​​144 - 144.70 indicates the further strength of buyers, and there is probably no point in hoping for a reversal now. Also, despite the fact that the dollar index (DXY) is now in a logical correction, JPY...

TradePlus-Fx Updated 

👋Good day❗️ Small digression: This trading idea and in the future similar ideas under the name similar to this one, will mean that the considered trading instrument in the idea is in my personal diary on paper and I expect a trade on this instrument. This kind of content will be infrequent, but I will occasionally share my views. The trade ideas will be...

TradePlus-Fx Updated 

➡️ CoinShares published a report on financial flows in crypto on June 27th. This report demonstrates a record outflow of investments from cryptocurrency. According to the report, the outflow for Bitcoin amounted to -423$ million. It makes no sense to talk a lot and prove the current difficult economic situation; it has already become a habit to observe such...

TradePlus-Fx

➡️ The oil market is dominated by panic about the fact that supposedly the price of raw materials expects a significant fall. The G7 countries are trying to limit the transportation of Russian oil if it is sold at a price above the limit. The head of the European Council, Charles Michel, said that the EU countries would be ready to introduce such a measure after...

TradePlus-Fx Updated 

News background: G7 embargo to ban Russian gold imports On June 26, US President Joe Biden announced that the G7 countries (USA, UK, Germany, Canada, France, Italy and Japan) would impose a ban on the import of Russian gold. According to US Secretary of State Anthony Blinken, the refusal of the G7 countries to import gold from Russia will deprive it of about $19...

TradePlus-Fx

The price of Gold is in a certain phase of consolidation near the level of 1850$ . Most likely, metals will remain positive against the backdrop of higher interest rates in the world, as well as geopolitical instability. Economists at Deutsche Bank expect the yellow metal to remain attractive as a safe asset and forecast XAUUSD at 2100$ by June 2023. Rising...

TradePlus-Fx Updated 

➡️ Friday's NFP made minor adjustments to further develop the movement of the metal up, but the BUY-priority remains. Technically and fundamentally, the instrument is expected to grow. At the beginning of the week, Gold may roll back to ~1845$ , from where we can expect growth to 1875$ . Having overcome this value, the metal will go straight to 1890$ . 🔥GOLD...

TradePlus-Fx

➡️ Gold is beginning to lay the potential for growth, which is slammed by institutions. The accumulated tons of Gold are now breaking all records, which suggests long-term prospects for precious metals. Before the expected hike to 2000$ (the nearest target for long traders and investors in the medium term), the instrument is more likely to roll back to the area...

TradePlus-Fx

➡️ Markets continue to evaluate the impact of higher interest rates on global growth. Gold's upside appears to be limited at the moment as Treasury yields rise again. However, at the same time, most likely a lot has already been invested in the USD, that may contribute to the next growth of metals. For Gold, the medium-term long position will develop towards the ...

TradePlus-Fx

➡️ The dollar appeared to have bottomed early on Wednesday as US Treasury yields surged. The US Dollar Index, which closed the previous three days in negative territory and lost more than 1% over the period, is trading above 103 . The underlying yield of 10-year US Treasury bonds is consolidating within 3% after rising 4% on Tuesday. It is assumed that in...

TradePlus-Fx

➡️ Precious metals are under strong pressure from sellers, at the moment, the bearish trend in the market continues to strength in Gold. Thus, the US dollar will continue to be the focus of market participants in terms of risk aversion. It is assumed that this bearish trend will persist for some time, after which it will begin to recover. Growth under 3000 and...

TradePlus-Fx

➡️ The price of the EURCHF currency pair is inside a small upward channel. Locally, the instrument is in an uptrend. Breaking through the resistance level of 1.04027 has become a landmark event for this instrument and hints at the continuation of longs. The nearest growth target is the level of 1.04825. ➖➖➖➖➖➖➖ 👍 Thanks for your comments and likes 👍 👇🔥 LINKS...