XAG USD ( Silver / US Dollar)
⚡️Strifor || USDJPY-24/01/2024Preferred direction: BUY
Comment: The previous trading idea for the yen is in progress. We are considering further purchases here. The main buy level is located at the level of 147.801.
Everything is unchanged here and we expect to approach 150 exactly. It must be said that in the more medium term, the instrument will most likely trade above this important value for the Japanese yen.
Thank you for like and share your views!
⚡️Strifor || SILVER-23/01/2024Preferred direction: SELL
Comment: Today, all targets set for silver have been closed. The same is now expected for gold . The immediate prospects for silver will most likely appear in the format of a re-test of the local minimum at level 22 , that is, the price will tend there. We highlight two scenarios for the proposed movement. It should be noted that large movements are not expected, however, there is a possibility that in the medium term, against the backdrop of a general strengthening of the US dollar , the price will fall below 22 and approach the level of 21.50.
Thank you for like and share your views!
⚡️Strifor || USDCHF-23/01/2024Preferred direction: BUY
Comment: The Swiss currency is an outsider among the majors against the US dollar. This currency sank the most against the American currency. In addition, while some competitors of the US dollar were trying or were in the process of correction, this currency pair stood in a very narrow corridor.
The bullish sentiment for this pair remains unchanged. In the very near future, an approach to the level of 0.87000 is expected, from where the next upward impulse is expected to start towards the level of 0.88000 . Targets above this resistance are not yet considered.
Thank you for like and share your views!
⚡️Strifor || USDCAD-23/01/2024Preferred direction: BUY
Comment: The shorter-term view for the USDCAD currency pair is directed upward. The US dollar is still strong, and further strengthening is expected this week. The most likely scenario is growth from current levels. Less likely is a retest of the support area at the 1.34000 level. The long target is located at the level of 1.36000 ; considering a target above this level is still risky.
Thank you for like and share your views!
Silver H4 | Resistance overheadSilver (XAG/USD) could rise towards a pullback resistance and potentially reverse off this level to drop lower.
Sell entry is at 23.293 which is a pullback resistance that aligns with a confluence of Fibonacci levels i.e. the 50.0% retracement and the 61.8% projection.
Stop loss is at 23.720 which is a level that sits above an overlap resistance that aligns with a confluence of Fibonacci levels i.e. the 61.8% retracement and the 78.6% projection.
Take profit is at 21.991 which is a multi-swing-low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
SILVER Neckline BreakHi Traders!
SILVER has broken below the neckline break in its head-and-shoulders pattern, and there is a possibility for a continuation to the downside if the market continues to stay below the neckline.
Here are the details:
After the initial momentum break below the neckline, the market is now retesting the neckline as resistance, and the 20 EMA has lined up perfectly with it.
We are looking for the market to stay below both the neckline and 20 EMA and look for exit targets near the 21.90 level.
Preferred Direction: Sell
Technical Indicators: 20 EMA
Resistance: 23.650
Support: 22.681
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
SILVER.. at his resistance? hold it or not?#SILVER.. very smoothly bounced from your area that was 22.01 as i told you in my perveious ideas,
now upside market at our resistance area that is mentioned in light red box you can see.
so guys now keep close that area because if market hold it then drop expected from here otherwise not.
it should hold this red box in hour and 4 hour chart for again drop otherwise not at all.
stay sharp and selling will be invalid above that box.
trade wisely
good luck
Natural Gas DXY, Oil Gold Silver Price Forecast - Natural Gas Natgas Stock 4h uptrend confirmed
#naturalgas #natgas #xagusd #dxy #xauusd #naturalgastechnicalanalysis #technicalanalysis #tradingstrategy #daytrading #naturalgasanalysis #naturalgastrading #natgasanalysis #uso #crudeoil
00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
05:05 AMEX:UNG Stock Forecast
05:58 USO Oil Stock Forecast
07:14 DXY US dollar Stock Forecast
09:09 Gold XAUUSD Stock Forecast
09:56 Silver XAGUSD
SILVER Potential Short! Sell!
Hello,Traders!
SILVER is trading in a
Downtrend and the price
Broke the key horizontal
Level of 22.635 which is
Now a resistance and
Silver is now about to
Retest it so I am locally
Bearish biased and I think
That we will see a
Local move down
Sell!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
SILVER... will hold bottom or not???#SILVER.. well guys market hold his bottom in morning and bounced back towards his resistance area,
and now again creating volume for next move.
keep close my line that is your resistance area now.. if hold it then drop expected and above that it will be invalid..
keep close and stay sharp..
a big move expected .. IF HOLD..
trade wisely
good luck
⚡️Strifor || AUDUSD-19/01/2024Preferred direction: SELL
Comment: Previously, we considered a potential trade for this pair in terms of growth within the medium-term movement. This idea is relevant, but an update of local minima is expected in the near future. That is, a fall below 0.65200 is expected.
Before the expected medium-term growth, the price will most likely touch the level of 0.65010 . At this level of support, one can expect various kinds of manipulation, after which the same medium-term growth will most likely follow.
The short-term decline discussed in this trading idea will most likely begin in the very near future (1-2 trading days).
Thank you for like and share your views!
⚡️Strifor || USDJPY-19/01/2024Preferred direction: BUY
Comment: The Japanese yen is most likely going to update last year's high; this is, surely, a longer-term target. About a more short-term idea, we expect the US dollar to continue to strengthen. At the moment, the limit buyer continues to support growth for this pair. We highlight two scenarios for ourselves.
Growth should not be long in coming and within 1-2 trading days local highs will be updated. The growth target is currently set at the level of 150 .
Thank you for like and share your views!
⚡️Strifor || SILVER-18/01/2024Preferred direction: SELL
Comment: Further declines are also expected for silver. Previously, we indicated two options for a sell transaction on this instrument. And about the script now in work.
The trade has already been moved to breakeven and even part of the profit has been fixed. At the moment, one can consider short-term trades also in the direction of the seller from the level of 22.66582 . The target of the fall is the same as for our already medium-term trades, namely the level 22.66582 .
Thank you for like and share your views!
⚡️Strifor || USDCAD-17/01/2024Preferred direction: Neutral
Comment: One of our best recent trades is long USDCAD . This trading idea has completely worked out and now we are already starting to look closely at selling. However, here too, the conditions and especially the entry point have not yet been formed. The most likely scenario (№1) is additional growth manipulation, as well as the removal of the current seller by stop losses, and then a downward reversal can be expected around the level of 1.35500.
A less likely scenario (№2) involves growth up to the level of 1.36545 , from where we will expect a fall with the same goal as in the case of scenario №1 , namely the level of 1.34000.
Thank you for like and share your views!