The most attractive foreign exchange and commodity trading strategies for this 2017
The most attractive foreign exchange and commodity trading strategies for this 2017
Whenever we talk about stock trading one of the most common methods is
to execute it through the currency market (Forex) or commodities. They
are investment areas where traders find more possibilities to obtain
performance, regardless of the historical moment in which we find
ourselves.
Whether we are facing an expansive economic cycle or if we have a general recession before us. In this way, what are the most desirable strategies at the moment for what is to come?
Taking advantage of the movements of the markets taking into consideration the present that surrounds us is a method with which you can obtain important returns. Trading offers great opportunities for investors and, more specifically, that focuses on currencies and commodities, where there can always be an attractive strategy to take advantage of the money invested.
Forex and commodities, currencies and commodities, is an area in which those who usually operate are like fish in the water. Both respond to macroeconomic factors on the one hand and speculative on the other hand and both in times of recession and in times of economic health can find an important point of entry from which to obtain a return.
Many of these assets, in fact, have served as refuge in different historical moments, such as gold for example. The precious metal in the darkest periods has been the bastion to hold on to avoid patrimonial handicaps. And, like this example, there are thousands about the operation in these markets.
In this line, at present could exist strategies through which to perceive revenues for the medium term. So, what would be the trading strategies in commodities and currencies in the scenario before us? To do this, experts talk about the assets whose prospects may be a claim for investors.
GOLD
One of them would be gold. According to Sara Carbonell, Relationship Manager of CMC Markets, gold metal, since taking weight back as a safe haven, "if continued volatility and mistrust in the market could continue the rally started earlier this year."
So, for those who want to take long positions, "could make stop level support at $ 1,140, which will support 3 candles per week in 2016." In Carbonell's view, the second level of Fibonacci's downturn, "38.2% (taken since the fall started in 2012), and before the 1,295, next level of resistance in the medium term."
Taking advantage of the movements of the markets taking into consideration the present that surrounds us is a method with which you can obtain important returns. Trading offers great opportunities for investors and, more specifically, that focuses on currencies and commodities, where there can always be an attractive strategy to take advantage of the money invested.
Forex and commodities, currencies and commodities, is an area in which those who usually operate are like fish in the water. Both respond to macroeconomic factors on the one hand and speculative on the other hand and both in times of recession and in times of economic health can find an important point of entry from which to obtain a return.
Many of these assets, in fact, have served as refuge in different historical moments, such as gold for example. The precious metal in the darkest periods has been the bastion to hold on to avoid patrimonial handicaps. And, like this example, there are thousands about the operation in these markets.
In this line, at present could exist strategies through which to perceive revenues for the medium term. So, what would be the trading strategies in commodities and currencies in the scenario before us? To do this, experts talk about the assets whose prospects may be a claim for investors.
GOLD
One of them would be gold. According to Sara Carbonell, Relationship Manager of CMC Markets, gold metal, since taking weight back as a safe haven, "if continued volatility and mistrust in the market could continue the rally started earlier this year."
So, for those who want to take long positions, "could make stop level support at $ 1,140, which will support 3 candles per week in 2016." In Carbonell's view, the second level of Fibonacci's downturn, "38.2% (taken since the fall started in 2012), and before the 1,295, next level of resistance in the medium term."
EURO-DOLLAR
It is the pair par excellence. More than an incentive for the investor. This tells us that there could be possibility of entry, as Jorge Molina, Orey iTrade analyst explains. "The EURUSD continues to trade in an upward trend after Janet Yellen keep before Congress optimism about the US economy and after market uncertainty not made clear its stance against the rate hike , " he says.
As the analyst points out, the market continues to look "at the high recorded in October 2015" when it quoted "at levels of 1.1494". The RSI registers "a reading of 71 on the daily chart", leaving space for the pair for more climbs. Therefore, the pair could fluctuate "between the 1.1265 marked by 76.4% Fib of October / min movmax. December 2015, and the psychological level of 1.1400 ".
Thus, two possible scenarios could be given. "Surpassing the given resistance could give the pair strength for a new test at October 2015 highs," he says. "On the other hand, to break the resistance could set a course for a test of the 61.8% Fib given the same movement mentioned in 1.1123 support , " Molina says.
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It is the pair par excellence. More than an incentive for the investor. This tells us that there could be possibility of entry, as Jorge Molina, Orey iTrade analyst explains. "The EURUSD continues to trade in an upward trend after Janet Yellen keep before Congress optimism about the US economy and after market uncertainty not made clear its stance against the rate hike , " he says.
As the analyst points out, the market continues to look "at the high recorded in October 2015" when it quoted "at levels of 1.1494". The RSI registers "a reading of 71 on the daily chart", leaving space for the pair for more climbs. Therefore, the pair could fluctuate "between the 1.1265 marked by 76.4% Fib of October / min movmax. December 2015, and the psychological level of 1.1400 ".
Thus, two possible scenarios could be given. "Surpassing the given resistance could give the pair strength for a new test at October 2015 highs," he says. "On the other hand, to break the resistance could set a course for a test of the 61.8% Fib given the same movement mentioned in 1.1123 support , " Molina says.
If you want to read the full article, download the magazine of the Premium Zone
Investment Strategies seeks securities uptrend at this moment . We select the most up-to-date stocks by combining fundamental and technical analysis to find those companies with increasing sales and profits and also offering us an opportunity to invest. Join us .
