How is your trading Marathon going?😏
Share you ideas/opinions❗️
Lets pick a currency pair👇 and we will make a quick overview, which might help you to make your trading decisions today😈
Share you ideas/opinions❗️
Lets pick a currency pair👇 and we will make a quick overview, which might help you to make your trading decisions today😈
Currency pair🥇
Anonymous Poll
69%
EUR/USD
4%
AUD/NZD
3%
JPY/CAD
9%
EUR/GBP
9%
Buy or Sell?
6%
Your variant (write in the comments)
How Will USD react to Core PCE Price Index?
What will happen?
Core PCE Price Index will be announced at 15:30 MT (GMT+3) on Friday, October 1.
The index is different from Core CPI as it only measures goods and services targeted towards and consumed by individuals. Prices are weighted according to total expenditure per item which gives important insights into consumer spending behavior. This is rumored to be the Federal Reserve's favorite inflation measure. Last time the result met the expectations, but GBP/USD rose, as the result was lower than the previous one.
How to trade on Core PCE Price Index?
If the Core PCE Price Index is greater than forecast, the USD is likely to strengthen against other currencies.
If the Core PCE Price Index is lower than forecast, the USD is likely to weaken against other currencies.
Instruments to trade: USD/CAD, USD/CHF, GBP/USD
What will happen?
Core PCE Price Index will be announced at 15:30 MT (GMT+3) on Friday, October 1.
The index is different from Core CPI as it only measures goods and services targeted towards and consumed by individuals. Prices are weighted according to total expenditure per item which gives important insights into consumer spending behavior. This is rumored to be the Federal Reserve's favorite inflation measure. Last time the result met the expectations, but GBP/USD rose, as the result was lower than the previous one.
How to trade on Core PCE Price Index?
If the Core PCE Price Index is greater than forecast, the USD is likely to strengthen against other currencies.
If the Core PCE Price Index is lower than forecast, the USD is likely to weaken against other currencies.
Instruments to trade: USD/CAD, USD/CHF, GBP/USD
#FBSTradingMarathon
🔥🔥Leaderboard after Day 2🔥🔥
1. Rifky Awwala Adriano, Indonesia – 2886 points
2. Turani Salim, Indonesia – 2577 points
3. Syed Moiz Hassan Rizvi, Pakistan – 2573 points
4. Muhammad Hakim Bin Mohd Effendi, Malaysia – 1942 points
5. Dody Sunardi, Indonesia – 1767 points
6. evaline astika sihotang, Indonesia – 1032 points
7. Kabeer Adekunle Alamu, Nigeria – 946 points
8. Matthew David Idoko, Nigeria– 942 points
9. Innocent Johan Madonsela, South Africa – 846 points
10. Oghenetekpevwe Festus Mavworo, Nigeria – 776 points
Guys, we have new leaders! Congrats! 🤩 Will they manage to hold their positions? We'll see! Good luck!🍀
Join the marathon and trade with profit! We are cheering for all! Let the best win!🙌
✅To register, tell your account number to @FBS_marathon_bot
🔥🔥Leaderboard after Day 2🔥🔥
1. Rifky Awwala Adriano, Indonesia – 2886 points
2. Turani Salim, Indonesia – 2577 points
3. Syed Moiz Hassan Rizvi, Pakistan – 2573 points
4. Muhammad Hakim Bin Mohd Effendi, Malaysia – 1942 points
5. Dody Sunardi, Indonesia – 1767 points
6. evaline astika sihotang, Indonesia – 1032 points
7. Kabeer Adekunle Alamu, Nigeria – 946 points
8. Matthew David Idoko, Nigeria– 942 points
9. Innocent Johan Madonsela, South Africa – 846 points
10. Oghenetekpevwe Festus Mavworo, Nigeria – 776 points
Guys, we have new leaders! Congrats! 🤩 Will they manage to hold their positions? We'll see! Good luck!🍀
Join the marathon and trade with profit! We are cheering for all! Let the best win!🙌
✅To register, tell your account number to @FBS_marathon_bot
Have you seen GBP/USD? 😱 It has broken the resistance level of 1.3500! 🔥 Read more -> https://bit.ly/3uvIg3n
One more trade idea for our #FBSTradingMaraphone 🔥🔥
Looks like AUD/NZD bull trend lost its momentum! Buyers cant bring the price above 1.048!
Also, we can see that the price has formed "lower low" during this uptrend, which is a bearish sign!
Watch 1.0455 to get broken!
Looks like AUD/NZD bull trend lost its momentum! Buyers cant bring the price above 1.048!
Also, we can see that the price has formed "lower low" during this uptrend, which is a bearish sign!
Watch 1.0455 to get broken!
US dollar index finally breaks through the support line!🔥🔥
You know what to do🤑 #FBSTradingMaraphone
You know what to do🤑 #FBSTradingMaraphone
What can you see on the XAU/USD RSI chart? 👀
We have discussed this situation during our RSI related webinar lesson! 🧐
We have discussed this situation during our RSI related webinar lesson! 🧐
FBS Trading Marathon Vol.3📍
Day 4: Indices
FBS Trading Marathon continues; join in to win $300!💸
@FBS_marathon_bot will help you register.
Today is the day to trade indices! Open trades in AU200, DE30, ES35, EU50, FR40, HK50, JP225, UK100, US100, US30, and US500 during the day and close them before the end of the Marathon (23:59 MT on October 5). You can read more about the contest here. 💫
#FBSTradingMarathon
Day 4: Indices
FBS Trading Marathon continues; join in to win $300!💸
@FBS_marathon_bot will help you register.
Today is the day to trade indices! Open trades in AU200, DE30, ES35, EU50, FR40, HK50, JP225, UK100, US100, US30, and US500 during the day and close them before the end of the Marathon (23:59 MT on October 5). You can read more about the contest here. 💫
#FBSTradingMarathon
How is your Monday going, guys? ☕
Here is the list of market news for today.
⬇️Stocks dropped at the start of the week as investors are worried over rising costs, supply-chain issues, and inflationary pressures as they can slow down the economic growth.
👀Traders keep monitoring the debt worries of Evergrande. China’s company has already missed two bond interest payments in the past weeks.
🧬BioNTech, the Covid-19 vaccine maker, claimed that a new vaccine may be needed by mid-2022 to protect against the mutations of the virus.
💊Merck developed a medicine that decreases the risk of death by nearly 50% in Covid patients. If it is authorized by US authorities, the drug can become the first oral antiviral medicine for Covid-19!
💰Bad news for US stocks: voting on the bipartisan infrastructure bill was suspended. S&P 500 is trading below the 100-day moving average after closing the previous week in the red.
🇯🇵News from Japan: Fumio Kishida becomes Japan's Prime Minister. USD/JPY is moving sideways near 111.00. Nikkei (JP225) has sharply dropped below 28,500.
🗓️OPEC+ members will meet today to discuss oil production cuts amid increased fuel prices, especially those of natural gas.
Tech analysis of gold and JP225 -> https://bit.ly/3owJqLc
Here is the list of market news for today.
⬇️Stocks dropped at the start of the week as investors are worried over rising costs, supply-chain issues, and inflationary pressures as they can slow down the economic growth.
👀Traders keep monitoring the debt worries of Evergrande. China’s company has already missed two bond interest payments in the past weeks.
🧬BioNTech, the Covid-19 vaccine maker, claimed that a new vaccine may be needed by mid-2022 to protect against the mutations of the virus.
💊Merck developed a medicine that decreases the risk of death by nearly 50% in Covid patients. If it is authorized by US authorities, the drug can become the first oral antiviral medicine for Covid-19!
💰Bad news for US stocks: voting on the bipartisan infrastructure bill was suspended. S&P 500 is trading below the 100-day moving average after closing the previous week in the red.
🇯🇵News from Japan: Fumio Kishida becomes Japan's Prime Minister. USD/JPY is moving sideways near 111.00. Nikkei (JP225) has sharply dropped below 28,500.
🗓️OPEC+ members will meet today to discuss oil production cuts amid increased fuel prices, especially those of natural gas.
Tech analysis of gold and JP225 -> https://bit.ly/3owJqLc
FBS
Nikkei's 225 Dropped, OPEC+ Is Eyed
Stocks dropped at the start of the week as investors are worried over rising costs, supply-chain issues, and inflationary pressures as they can slow down the economic growth.
Today is the day of indices! Which one have you chosen for trading today? Leave the comments!⬇️
Here is a fresh article for you to find out what is going on in the stock markets these days. We've discussed S&P 500 (the US broad market index), Japan's Nikkei (JP 225), and, of course, Hong Kong's Hang Seng index (HK 50) --> https://bit.ly/3D6HjBN
Good luck!🔥
#FBSTradingMarathon
Here is a fresh article for you to find out what is going on in the stock markets these days. We've discussed S&P 500 (the US broad market index), Japan's Nikkei (JP 225), and, of course, Hong Kong's Hang Seng index (HK 50) --> https://bit.ly/3D6HjBN
Good luck!🔥
#FBSTradingMarathon
Gold buyers, are you happy?🔥🔥
Gold explodes with the strong impulse! The next resistances are $1777 and $1783😎
Will we go higher? What is your target?
Follow the trend: https://bit.ly/3ykTPvC
Gold explodes with the strong impulse! The next resistances are $1777 and $1783😎
Will we go higher? What is your target?
Follow the trend: https://bit.ly/3ykTPvC
#BREAKING
💥Selloff in tech stocks!
Stocks of big US tech companies plunged on Monday bringing US stock indices, S&P 500 and especially NASDAQ, down. Sellers ravaged in the so-called FAANG stocks — Facebook, Amazon, Apple, Netflix and Google-parent Alphabet fell, but Facebook got hit the hardest.
😱Facebook entities WhatsApp, Instagram and Facebook weren’t accessible to users Monday morning, with users receiving error messages when trying to access the sites. The company’s whistleblower Frances Haugen is set to testify before Congress on Tuesday and has detailed vast problems with the social media giant.
For Facebook stock, below $325, support lies at $315 (50-week MA). Remember that you can both buy and sell stocks with FBS in the FBS Trader app (https://bit.ly/3i8D95e) and MetaTrader 5 (https://bit.ly/3fCyUx2)!🤑
💥Selloff in tech stocks!
Stocks of big US tech companies plunged on Monday bringing US stock indices, S&P 500 and especially NASDAQ, down. Sellers ravaged in the so-called FAANG stocks — Facebook, Amazon, Apple, Netflix and Google-parent Alphabet fell, but Facebook got hit the hardest.
😱Facebook entities WhatsApp, Instagram and Facebook weren’t accessible to users Monday morning, with users receiving error messages when trying to access the sites. The company’s whistleblower Frances Haugen is set to testify before Congress on Tuesday and has detailed vast problems with the social media giant.
For Facebook stock, below $325, support lies at $315 (50-week MA). Remember that you can both buy and sell stocks with FBS in the FBS Trader app (https://bit.ly/3i8D95e) and MetaTrader 5 (https://bit.ly/3fCyUx2)!🤑
FBS Trading Marathon Vol.3
Day 5: Oil and gold
😃It’s the last day to join FBS Trading Marathon and win $300! What a day we have! Today we’ll trade your favorite instruments – gold and oil.
Open trades in XAU/USD, XBR/USD, and XTI/USD during the day and close them before the end of the Marathon (23:59 MT on October 5). You can read more about the contest here: https://t.me/fbsanalytics/3538
@FBS_marathon_bot will help you register. Trade with profit!💛
#FBSTradingMarathon
Day 5: Oil and gold
😃It’s the last day to join FBS Trading Marathon and win $300! What a day we have! Today we’ll trade your favorite instruments – gold and oil.
Open trades in XAU/USD, XBR/USD, and XTI/USD during the day and close them before the end of the Marathon (23:59 MT on October 5). You can read more about the contest here: https://t.me/fbsanalytics/3538
@FBS_marathon_bot will help you register. Trade with profit!💛
#FBSTradingMarathon
Will Facebook crush damage the business?🤔
On October the 4th, Facebook rolled out an update to all its network equipment that was engaged in BGP announcements, which announces routing to their services. This led to a complete stop of communication between FACEBOOK services. WhatsApp and Instagram are also hosted on Facebook’s platform, and therefore they also became unavailable.😦
The situation is complicated by the fact that manual intervention is required for the repair, but this is difficult to implement since the presence of personnel in data centers is reduced due to Covid-19.
Facebook, Instagram, and What’s up users started to immigrate to other social platforms such as Telegram, Twitter, and TikTok, which led to the slowdown of these platforms too.
There is an opinion on the network that this situation will cause massive damage to the company and the shares fell by 5% in the trading session on Monday. FBS analysts believe that the users’ loyalty to Facebook services and platforms is stronger than short-term dissatisfaction with the failure of the company's services, so this situation will make the company stronger in the long term.👍😌
Technical analysis🟢
Facebook is trading in the rising channel. ↗️The price came to the bottom line of the channel, which is also 23.6 Fibonacci level, and bounced back after. We expect consolidation around the bottom line of the channel (around $325) with a subsequent price increase to $382. In case of a breakout through the bottom line of the channel, the next support will be at the $300 level.
Trade Facebook: https://bit.ly/3ykTPvC
On October the 4th, Facebook rolled out an update to all its network equipment that was engaged in BGP announcements, which announces routing to their services. This led to a complete stop of communication between FACEBOOK services. WhatsApp and Instagram are also hosted on Facebook’s platform, and therefore they also became unavailable.😦
The situation is complicated by the fact that manual intervention is required for the repair, but this is difficult to implement since the presence of personnel in data centers is reduced due to Covid-19.
Facebook, Instagram, and What’s up users started to immigrate to other social platforms such as Telegram, Twitter, and TikTok, which led to the slowdown of these platforms too.
There is an opinion on the network that this situation will cause massive damage to the company and the shares fell by 5% in the trading session on Monday. FBS analysts believe that the users’ loyalty to Facebook services and platforms is stronger than short-term dissatisfaction with the failure of the company's services, so this situation will make the company stronger in the long term.👍😌
Technical analysis🟢
Facebook is trading in the rising channel. ↗️The price came to the bottom line of the channel, which is also 23.6 Fibonacci level, and bounced back after. We expect consolidation around the bottom line of the channel (around $325) with a subsequent price increase to $382. In case of a breakout through the bottom line of the channel, the next support will be at the $300 level.
Trade Facebook: https://bit.ly/3ykTPvC
#TradingNews
📣United States Purchasing Managers’ Index Will Move The Dollar
United States Institute for Supply Management (ISM) will release services Purchasing Managers' Index (PMI) at 17:00 GMT+3.
What will happen?
United States Institute for Supply Management (ISM) will release services Purchasing Managers' Index (PMI) on October 5, 17:00 GMT+3. PMI is an index of the prevailing direction of economic trends in the manufacturing and service sectors. The PMI is based on a monthly survey of purchasing managers across many industries, covering the relative level of business activity, and offering one of the most relevant insights into the companies’ view of the economy.
Why is it important?
The value and movements in the PMI and its components can provide useful information to business decision-makers, market analysts, and investors, and is a leading indicator of overall economic activity in the US. The Services PMI provides advanced insight into the services sector, giving investors a better understanding of business conditions and valuable information about the economic backdrop of various markets. In August 2021, better than expected Service PMI data boosted the dollar significantly.
How to trade on the PMI data?
Because of the comprehensive nature of the index, usually it affects all USD-related pairs. Don’t forget about the gold, XAU/USD may experience a sharp movement if the index will beat expectations.
⬆If the actual number is better than expected – the USD will rise.
⬇Otherwise, fall.
Instruments to trade: EUR/USD, GBP/USD, XAU/USD, USD/JPY
📣United States Purchasing Managers’ Index Will Move The Dollar
United States Institute for Supply Management (ISM) will release services Purchasing Managers' Index (PMI) at 17:00 GMT+3.
What will happen?
United States Institute for Supply Management (ISM) will release services Purchasing Managers' Index (PMI) on October 5, 17:00 GMT+3. PMI is an index of the prevailing direction of economic trends in the manufacturing and service sectors. The PMI is based on a monthly survey of purchasing managers across many industries, covering the relative level of business activity, and offering one of the most relevant insights into the companies’ view of the economy.
Why is it important?
The value and movements in the PMI and its components can provide useful information to business decision-makers, market analysts, and investors, and is a leading indicator of overall economic activity in the US. The Services PMI provides advanced insight into the services sector, giving investors a better understanding of business conditions and valuable information about the economic backdrop of various markets. In August 2021, better than expected Service PMI data boosted the dollar significantly.
How to trade on the PMI data?
Because of the comprehensive nature of the index, usually it affects all USD-related pairs. Don’t forget about the gold, XAU/USD may experience a sharp movement if the index will beat expectations.
⬆If the actual number is better than expected – the USD will rise.
⬇Otherwise, fall.
Instruments to trade: EUR/USD, GBP/USD, XAU/USD, USD/JPY
