TradePlus-Fx

TradePlus-Fx Updated 

💬 Description: In the foreign exchange market at the beginning of the week, USD competitors attempted to continue growing, but as expected, the American took the hit and the currencies began to correct downward. At the moment, a rather tense situation has formed, however, for such currency pairs as EURUSD , USDCAD there are clear signals for a temporary...

TradePlus-Fx Updated 

💬 Description: After Friday's release of data on the US labor market, USD competitors have largely recovered and most likely this trend will continue, mainly this week. But this also does not cancel the downward correction, which most likely will not happen here. Such a movement is expected towards the level of 1.07000 ; one need to realize that the price...

TradePlus-Fx Updated 

💬 GOLD: Review before non-farm. It’s the first Friday of the new month on the calendar, which means the publication of data on the US labor market. In this regard, there are assumptions regarding several trading instruments and how they could potentially behave during the non-framing release. Firstly, let’s slightly refresh the idea of Gold, which retains its...

TradePlus-Fx Updated 

💬Description: On Friday evening, just before the market closed, the metal renewed its local high. This made sellers nervous, and most of them bought the market with a minus on their account. However, the instrument is unlikely to develop this offensive by buyers now, and a rollback to 1948.160 is expected in the near future. The price may go even lower under ...

TradePlus-Fx Updated 

💬Description: According to the previous scenario, in a certain future (1-2 weeks) , we expected a temporary strengthening of the Euro , which is currently happening. In the near future, most likely, buyers will approach the level of 1.06745 , from where the “insidious” plan of buyers to “throw out” sellers from the market will begin. To do this, it is necessary...

TradePlus-Fx Updated 

💬 Description: Metals have stopped their rapid growth, which can most likely be associated with a “pause” in the Middle East. However, demand still remains and is likely to continue in the near future. Before this, you need to “cleanse” the market of unnecessary passengers, that is, buyers, who are actually fewer than sellers. The latter, in turn, try to enter at...

TradePlus-Fx Updated 

💬 Description: Today, the instrument is at the level of 87.45 and is most likely to prepare for a fall in the more medium term. But here it is necessary to take into account the geopolitical background, which greatly influences oil. Today, an idea is proposed, the time frames of which are within the day. Namely, long for the purpose of local updating of the...

TradePlus-Fx Updated 

💬 Description: The metal follows the previously planned course exactly. Demand continues to grow, including against the backdrop of the aggravated situation in the Middle East, but in addition, purely technically, sellers cannot realize their sales at the local elites. In the very near future, most likely, Gold prices will go towards updating local highs. In...

TradePlus-Fx Updated 

💬 Description: Today, the Central Bank of Canada will announce its decision on interest rates. The rate is expected to remain at the same level. Against this background, we continue to adhere to our previous trading idea for USDCAD , namely to look up (look at the chart) . But most likely, there will be volatility during or after the meeting of the Central...

TradePlus-Fx Updated 

💬 Description: Yesterday's trading idea for the Euro was closed by a stop loss. Here, buyers have retreated to a significant extent, however, the growth potential remains, and the previous target of projected growth also remains. The price is already in the area where growth is most likely to occur. A cancellation for this idea will be the formation of a...

TradePlus-Fx Updated 

💬 Description: The currency pair stood at the level of 1.06745 , which is resistance at the moment. In addition, a lot of interest has recently accumulated at this level, which has been distributed downward. The significance of this current price area is great. I assume that the instrument will come into balance at this level to accumulate positions and...

TradePlus-Fx Updated 

💬 Description: The franc is one of the safest assets in the market, just like metals and the US dollar, which is needed to buy US bonds. However, the franc is in greater demand than the US dollar at the moment, and even in the event of another rapid strengthening of the US currency, USDCHF will most likely fall. At the moment, the currency pair is trading...

TradePlus-Fx Updated 

💬 Description: The market is again actively developing a trend towards strengthening metals, the US dollar, and let us also highlight the Swiss franc. All this has to do with safe assets. Accordingly, it is better to take a closer look at purchases using these instruments. We pay special attention to USDCAD , here sellers cannot realize their potential, and...

TradePlus-Fx Updated 

💬 Description: The evening trading idea for the Euro has undergone some changes, and now it is probably best to look at selling again. Pressing towards the daily support level of 1.05194 will most likely implement sellers’ immediate plans to eliminate buyers’ stop losses, which are located below this level. There is a good target ahead for implementing the...

TradePlus-Fx Updated 

💬 Description: The dollar , after all, retains the initiative in the market, but its competitors also have mixed success. We will designate this as a success, since intraday movements in favor of competitors are quite significant and for a trader this is a potentially good profit. At the moment, the instrument is creeping up again to the level of 1.05194, ...

TradePlus-Fx Updated 

💬 Description: The price of Gold hovered around 1919 in anticipation of likely further growth. For now, it is expected that the growth will not be very large since there are obstacles ahead for buyers. In this case, this is the level 1948.160 , followed by the next resistance line - 1972.454. Today, market participants are also awaiting the publication of...

TradePlus-Fx Updated 

💬 Description: Oil remains one of the most interesting instruments at the moment, which is due to the aggravated geopolitical background. Metals are the same story. In our previous trading idea for oil, we assumed entering a long position with the goal of reaching level 91 . This happened, but the main idea and the more promising one - sell. At the moment, a...

TradePlus-Fx Updated 

💬 Description: The dollar began to gain strength again amid yesterday's US inflation data. Currency pairs reacted the most, and metals only began to catch up a little later. Metals are most likely still supported by demand against the backdrop of geopolitical tensions, where, by the way, the dollar also has weight, since US bonds are bought for dollars. We...