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XAG USD ( Silver / US Dollar)

Strifor || GOLD-28/02/2024Preferred direction: Neutral Comment: Previous purchases of gold have been canceled for now. The buyer does not want to move up, although there is a resource for this. That is why we will consider scenario №2 , which most likely has a chance of being realized against the backdrop of upcoming data from the US today and tomorrow. Here, the growth target is located at the level of 2060. But the more likely scenario №1 involves the formation of a balance in the range of 2016-2030. If scenario №1 is implemented, in the future, most likely, you will have to stick to sales. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
OANDA:XAUUSD
by Strifor
1
Strifor || EURUSD-28/02/2024Preferred direction: BUY Comment: In the middle of the trading week, we continue to adhere to the buy-priority for the euro. However, there are some notes. Previous long trades were closed manually. Let us recall that previously we adhered to scenario №2 , where the long was near the 1.08000 level area. There are two busy days ahead for economic indicators, especially Thursday. So far, the more medium-term picture is in favor of the buyer, but the medium-term picture is in favor of the seller. According to scenario №1 , one can wait for the formation of the entry point for a long position at the level of 1.08000 . Scenario №2 involves gaining a position slightly above the level of 1.07500 . Two scenarios are considered simultaneously. That is, we are dealing with a step-by-step system of accumulation of the position. We place the target at the level of 1.09000 . Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Long
by Strifor
1
Strifor || NZDUSD-27/02/2024Preferred direction: BUY Comment: For the NZDUSD currency pair, both previous long scenarios are active. The considered target for growth is at the level of 0.62360 . Just like the AUDUSD currency pair, growth is expected mainly within today, but we do not exclude the possibility that the deal may last until tomorrow. Longer-term prospects for this instrument will most likely develop within the range of 0.62360 - 0.61500. Thank you for like and share your views!
Long
by Strifor
1
Strifor || AUDUSD-27/02/2024Preferred direction: BUY Comment: The US dollar is in no particular hurry to recover, and especially if we are talking about AUDUSD . In addition to the Australian dollar, there are a number of interesting currency pairs for selling USD . Today we will look at short-term trade, mainly within the framework of intraday trading. We do not rule out that the deal may last until tomorrow. The most likely increase will begin at current prices (scenario №1) . It is unlikely that the instrument will retest local minima according to scenario №2 . We place the growth target at the level of 0.66000. Thank you for like and share your views!
Long
by Strifor
1
Strifor || GOLD-Week StartingPreferred direction: BUY Comment: The strong buy-priority for gold has been going on since the previous week. On Friday evening, as trading closed and the market left for the weekend, the instrument showed good growth, and sales at Friday’s highs were not able to significantly push the price down, as many had expected. The limit buyer here is one of the strongest at the moment, so it is preferable to look at long trades. Current prices are great for intraweek trading buy-orders. We have a growth target at the level of 2060 , then you can also take a closer look at 2070 and even 2080 , since the seller’s accumulated funds at the 2040 level allow the metal to move this distance. Thank you for like and share your views!
OANDA:XAUUSDLong
by Strifor
3
Strifor || SILVER-21/02/2024Preferred direction: SELL Comment: We are also taking a pause regarding buy-priority in silver, but the medium-term prospects are still on the buyer’s side. In intraday trading, a rollback towards the level of 22.66 is expected. We are considering two scenarios, where scenario №2 assumes a rollback to resistance at 23.32 before a fall to the specified target. To a greater extent, scenario №2 is considered as a potential restart for scenario №1 . Thank you for like and share your views!
OANDA:XAGUSDShort
by Strifor
1
XAGUSD | A Short and Sweet UpdateInvestors entered 2023 with trepidation, mindful of the previous year's turbulence and remained wary about recession risks, geopolitical unrest, and potential rate hikes. Yet, as the year unfolded, the bond market revealed a resilient streak. Despite volatility peaks, with the 10-year Treasury yield hitting 5% before receding to 3.88%, the government bond market managed to find equilibrium, closing the year on a stable note. This stabilization was buoyed by anticipations of rate reductions, a sturdy American economy, and a softening dollar, which collectively benefited riskier bond segments, including emerging market debt. A Year of Recovery and Records The fixed income ETF landscape mirrored this recovery, with several segments posting impressive gains: Global Sovereign Bonds: Marked a recovery with a 4.44% return, a significant turnaround from the previous year's loss. Corporate Bonds: Both global and investment-grade segments saw substantial upticks, with returns of 8.52% and 7.80%, respectively, indicating a robust recovery from their 2022 slumps. High-Yield Corporate Bonds: Led the recovery efforts with a 10.67% return, signaling a strong comeback. Emerging Markets Debt and Other Segments: Also showed positive momentum, contributing to the broader fixed income recovery narrative. This resurgence culminated in a milestone for the primary global fixed income ETF markets in Europe and North America, which reached a historic total AUM of $2 trillion by the end of 2023, nearly doubling from $1.12 trillion in 2019.
OANDA:XAGUSDShort
by DynamicCapital-FX
Strifor || GOLD-23/02/2024Preferred direction: BUY Comment: For gold , we will continue to adhere to the buy-priority in the short- and medium-term. It should be noted that with a short-term long, not everything is so simple, and catching a long is quite difficult. The price in every possible way throws the long trade out of the market by pushing the price beyond local minimums. Nevertheless, the medium-term situation is quite confident for the buyer and growth above 2040 is expected here. It is best not to forget about the short-term long, as in this case it will be possible to catch more points in the long with a smaller stop-loss. Thank you for like and share your views!
OANDA:XAUUSDLong
by Strifor
3
Strifor || USDCHF-23/02/2024Preferred direction: BUY Comment: The situation for the franc differs in many ways from other major currency pairs, and is more reminiscent of the situation for the Japanese yen . Here the franc continues to remain an outsider among the majors, not taking into account the Japanese yen . Even in the event of another short-term weakening of the US dollar , the franc is unlikely to show the same growth as its counterpart. Therefore, for this currency pair, we adhere to buy priority and highlight two long scenarios for ourselves. The target for this long trade is located at the level of 0.89032 with further growth prospects. Thank you for like and share your views!
Long
by Strifor
1
Strifor || NZDUSD-23/02/2024Preferred direction: BUY Comment: As a result of yesterday, the main competitors failed to gain a foothold after good growth during the European session and as a result, prices retreated to their previous positions. However, the NZDUSD currency pair currently has one of the strongest growth potentials in the short term. The limit buyer continues to hold the price and is most likely preparing for growth. Therefore, short-term long trades for this instrument are the most relevant among major currency pairs. We consider two scenarios (on the chart) and set the target at the level of 0.62359 . Thank you for like and share your views!
Long
by Strifor
1
Strifor || GOLD-22/02/2024Preferred direction: BUY Comment: Buyers of gold have laid down a fairly serious prospect of growth towards the level of 2060 . Previously, we talked about the likely formation of a balance at the level of 2040 , and that most likely thereafter there will be growth above this level towards local highs. However, given the intense news background and, most importantly, the technical picture, there is a high probability that this will happen earlier than we expected. Thank you for like and share your views!
OANDA:XAUUSDLong
by Strifor
1
Strifor || EURUSD-22/02/2024Preferred direction: BUY Comment: After a significant strengthening of the euro against the background of the publication of data from the EU , further strengthening is still expected, despite the current pullback. There is still a number of important economic indicators to be published, including those from the United States , which are the most anticipated. Technically, the currency pair is also on the buyer’s side, so you can safely try longs with a small stop loss and take profit at the level of 1.09000. Thank you for like and share your views!
Long
by Strifor
1