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
🔥🔥Leaderboard after Day 4🔥🔥
1. Sushil Kumar Vaishnav, India – 34252 points
2. Panashe Tanya Marengo, Zimbabwe – 10307 points
3. Ruwan Shamitha Chandrasekera, Sri Lanka – 10271 points
4. Rifky Awwala Adriano, Indonesia – 8619 points
5. Lindokuhle Lushozi, South Africa – 6552 points
6. Carl Centino, Malaysia – 6197 points
7. Mohammad Habiibullah Bin Mohd Hadzarul Wong, Malaysia – 5571 points
8. Firdaus Sukmono, Indonesia – 4183 points
9. Daryl Magalgalit, Philippines – 3928 points
10. Siphiwe Peacewell Buthelezi, South Africa – 3612 points
Will the list remain the same tomorrow or will the leader change? We’ll see! 🤩
#FBSTradingMarathon
1. Sushil Kumar Vaishnav, India – 34252 points
2. Panashe Tanya Marengo, Zimbabwe – 10307 points
3. Ruwan Shamitha Chandrasekera, Sri Lanka – 10271 points
4. Rifky Awwala Adriano, Indonesia – 8619 points
5. Lindokuhle Lushozi, South Africa – 6552 points
6. Carl Centino, Malaysia – 6197 points
7. Mohammad Habiibullah Bin Mohd Hadzarul Wong, Malaysia – 5571 points
8. Firdaus Sukmono, Indonesia – 4183 points
9. Daryl Magalgalit, Philippines – 3928 points
10. Siphiwe Peacewell Buthelezi, South Africa – 3612 points
Will the list remain the same tomorrow or will the leader change? We’ll see! 🤩
#FBSTradingMarathon
How did you feel yesterday while Facebook crash?😲
Watch our related to this situation TikTok video about two types of people 😉
We believe that many of you earned yesterday, and the others got huge experience about how to find an opportunity when the others just panic😌
Watch and enjoy the video: https://vm.tiktok.com/ZSeRSVWbU/
Watch our related to this situation TikTok video about two types of people 😉
We believe that many of you earned yesterday, and the others got huge experience about how to find an opportunity when the others just panic😌
Watch and enjoy the video: https://vm.tiktok.com/ZSeRSVWbU/
Brent breaks through the upper border of the rising channel!! it is hyper bullish! 🔥🔥🔥
Do you follow the market?
Do you follow the market?
It has been so long since the last #TradeIdea from us. I bet you have missed it! 😉
🥇 Gold has a bearish engulfing on a daily timeframe, and a diamond pattern on H4. We expect it to fall further.
Information is not investment advice, always make your own research.
🥇 Gold has a bearish engulfing on a daily timeframe, and a diamond pattern on H4. We expect it to fall further.
Information is not investment advice, always make your own research.
☀️Good Wednesday, everyone! Let’s look at the main topics the markets are buzzing about:
⚡The Reserve Bank of New Zealand (RBNZ) raised the Official Cash Rate from 0.25% to 0.5%. The monetary policy statement signaled further removal of monetary policy stimulus with close monitoring of inflation and employment levels. The NZD spiked higher right after the announcement but then was pressed down.
📉 The global indices started the day on a back foot as Treasury yields climbed to three-month high on inflation concerns. The JP225 retested the 27 150 level, while NASDAQ (US100) moved back to 14 500. S&P500 fell towards 4300.
📈The USD has strengthened against its peers, as all majors have experienced a huge selloff at the start of the European trading session. The price of gold fell as well. The next trigger for the American currency is the release of the ADP Nonfarm Employment Change today at 15:15 MT time (GMT+3). This data will provide us an insight into the US labor market ahead of the NFP this Friday.
👀 The price of WTI has reached the highest level since 2014 after the OPEC+ meeting on Monday. The price of Brent tested the high of 2018. Today, the release of crude oil inventories at 17:30 MT time (GMT+3) may add volatility to the oil.
💪As for another commodity, gas, its price is unstoppable! XTI/USD is on the way to reaching 6.5.
🤥 A huge scandal in the Federal Reserve may call into question a further placement of Jerome Powell as a Chair of the bank. According to US Senator Elizabeth Warren, the Fed leader may be involved in unusual investment activity in 2020, during the shutdown times.
🤩 Bitcoin has surged above $51 000! If it overcomes the current resistance, the rally towards $53 000 will happen.
✅ Don’t forget to subscribe to our Youtube channel for daily market analysis:
https://www.youtube.com/channel/UC9k0Fp5sEFggy7jDB0hs59Q
✅ Also, visit the website for more analytics: https://bit.ly/3ijff6s
Good luck in trading! 💥
⚡The Reserve Bank of New Zealand (RBNZ) raised the Official Cash Rate from 0.25% to 0.5%. The monetary policy statement signaled further removal of monetary policy stimulus with close monitoring of inflation and employment levels. The NZD spiked higher right after the announcement but then was pressed down.
📉 The global indices started the day on a back foot as Treasury yields climbed to three-month high on inflation concerns. The JP225 retested the 27 150 level, while NASDAQ (US100) moved back to 14 500. S&P500 fell towards 4300.
📈The USD has strengthened against its peers, as all majors have experienced a huge selloff at the start of the European trading session. The price of gold fell as well. The next trigger for the American currency is the release of the ADP Nonfarm Employment Change today at 15:15 MT time (GMT+3). This data will provide us an insight into the US labor market ahead of the NFP this Friday.
👀 The price of WTI has reached the highest level since 2014 after the OPEC+ meeting on Monday. The price of Brent tested the high of 2018. Today, the release of crude oil inventories at 17:30 MT time (GMT+3) may add volatility to the oil.
💪As for another commodity, gas, its price is unstoppable! XTI/USD is on the way to reaching 6.5.
🤥 A huge scandal in the Federal Reserve may call into question a further placement of Jerome Powell as a Chair of the bank. According to US Senator Elizabeth Warren, the Fed leader may be involved in unusual investment activity in 2020, during the shutdown times.
🤩 Bitcoin has surged above $51 000! If it overcomes the current resistance, the rally towards $53 000 will happen.
✅ Don’t forget to subscribe to our Youtube channel for daily market analysis:
https://www.youtube.com/channel/UC9k0Fp5sEFggy7jDB0hs59Q
✅ Also, visit the website for more analytics: https://bit.ly/3ijff6s
Good luck in trading! 💥
FBS
Forex and Stock Markets Analysis
In-depth Daily Market Analysis for Currencies, Commodities, and Stocks
🏆FBS Trading Marathon. Vol 3: WINNERS!🏆
The trading marathon is over, and now it’s time to announce the winners!
561 traders took part in the contest. The competition was intense.
The person who earned the biggest profit in points was 🥇Sushil Kumar Vaishnav from India with 35 611 points. Congratulations! We are so impressed and so happy for you! You will get $300 to your FBS account to withdraw or trade.
🎊The others did great as well and achieved fantastic results! We would also like to award the weekly access to VIP analytics to Ruwan Shamitha Chandrasekera and Lindokuhle Lushozi, who occupy the second and the third places respectively, and to Oghenetekpevwe Festus Mavworo, who’s at the last place – we hope that this will help you improve!
Do you like our contests? There will be more. Suggest a contest idea in the comments and we’ll consider it. Have a great trading day!💚
The top 10 after the end of the marathon. Those who didn’t get the prize, congratulations with profit! You are amazing!
1. Sushil Kumar Vaishnav, India – 35 611 points
2. Ruwan Shamitha Chandrasekera, Sri Lanka – 14 391 points
3. Lindokuhle Lushozi, South Africa – 11 887 points
4. Panashe Tanya Marengo, Zimbabwe – 10 348 points
5. Rifky Awwala Adriano, Indonesia – 8619 points
6. Carl Centino, Malaysia – 6197 points
7. Md Aaquib Aalam, India – 5952 points
8. Mohammad Habiibullah Bin Mohd Hadzarul Wong, Malaysia – 5571 points
9. Siphiwe Peacewell Buthelezi, South Africa – 5081 points
10. Firdaus Sukmono, Indonesia – 4244 points
🤔What was FBS Trading Marathon about?
➡Check #FBSTradingMarathon to learn more!
The trading marathon is over, and now it’s time to announce the winners!
561 traders took part in the contest. The competition was intense.
The person who earned the biggest profit in points was 🥇Sushil Kumar Vaishnav from India with 35 611 points. Congratulations! We are so impressed and so happy for you! You will get $300 to your FBS account to withdraw or trade.
🎊The others did great as well and achieved fantastic results! We would also like to award the weekly access to VIP analytics to Ruwan Shamitha Chandrasekera and Lindokuhle Lushozi, who occupy the second and the third places respectively, and to Oghenetekpevwe Festus Mavworo, who’s at the last place – we hope that this will help you improve!
Do you like our contests? There will be more. Suggest a contest idea in the comments and we’ll consider it. Have a great trading day!💚
The top 10 after the end of the marathon. Those who didn’t get the prize, congratulations with profit! You are amazing!
1. Sushil Kumar Vaishnav, India – 35 611 points
2. Ruwan Shamitha Chandrasekera, Sri Lanka – 14 391 points
3. Lindokuhle Lushozi, South Africa – 11 887 points
4. Panashe Tanya Marengo, Zimbabwe – 10 348 points
5. Rifky Awwala Adriano, Indonesia – 8619 points
6. Carl Centino, Malaysia – 6197 points
7. Md Aaquib Aalam, India – 5952 points
8. Mohammad Habiibullah Bin Mohd Hadzarul Wong, Malaysia – 5571 points
9. Siphiwe Peacewell Buthelezi, South Africa – 5081 points
10. Firdaus Sukmono, Indonesia – 4244 points
🤔What was FBS Trading Marathon about?
➡Check #FBSTradingMarathon to learn more!
Guys, the US dollar index gets rejected from the important level of 94.4!
/ USD currency pairs might feel stronger, while some drops are expected in USD/ currency pairs! ✌️
Hopefully, it will help you to benefit! 🙌
/ USD currency pairs might feel stronger, while some drops are expected in USD/ currency pairs! ✌️
Hopefully, it will help you to benefit! 🙌
#MarketNews
🇪🇺According to Bloomberg, the European Central Bank is studying a new bond-buying program to prevent any market turmoil when emergency purchases get phased out next year. The EUR is under pressure.
🇺🇸Democrats signaled they’d take up Senate Republican leader Mitch McConnell’s offer to raise the US debt ceiling into December. That would alleviate the immediate risk of a default but raise the prospect of another bruising political fight near the end of the year.
🔺Hang Send Index (HK50) bounced from the record low. News that President Joe Biden plans to meet virtually with Chinese President Xi Jinping before the end of the year improved market sentiment.
🗣Russian President Vladimir Putin offered to ease European gas crisis. According to him, Russia could potentially export record volumes of the vital fuel to the continent this year. In the meantime, XNG/USD corrected down from $6.50/mmBtu to $5.80/mmBtu.
📉Crude oil retreated from a 7-year high partly in the wake of growing US inventories. XBR/USD has support at $80 a barrel.
💡Bitcoin fluctuated between $54,000 and $55,000.
✅The stock of PepsiCo jumped by about 3% outperforming the market. This week the company has released a strong earnings report.
❗Traders keep waiting for the US Nonfarm Payrolls (NFP) report on Friday. ADP employment exceeded expectations yesterday. At 15:30 GMT+3 today, America will release unemployment claims.
What are your trade ideas for today?💬
🇪🇺According to Bloomberg, the European Central Bank is studying a new bond-buying program to prevent any market turmoil when emergency purchases get phased out next year. The EUR is under pressure.
🇺🇸Democrats signaled they’d take up Senate Republican leader Mitch McConnell’s offer to raise the US debt ceiling into December. That would alleviate the immediate risk of a default but raise the prospect of another bruising political fight near the end of the year.
🔺Hang Send Index (HK50) bounced from the record low. News that President Joe Biden plans to meet virtually with Chinese President Xi Jinping before the end of the year improved market sentiment.
🗣Russian President Vladimir Putin offered to ease European gas crisis. According to him, Russia could potentially export record volumes of the vital fuel to the continent this year. In the meantime, XNG/USD corrected down from $6.50/mmBtu to $5.80/mmBtu.
📉Crude oil retreated from a 7-year high partly in the wake of growing US inventories. XBR/USD has support at $80 a barrel.
💡Bitcoin fluctuated between $54,000 and $55,000.
✅The stock of PepsiCo jumped by about 3% outperforming the market. This week the company has released a strong earnings report.
❗Traders keep waiting for the US Nonfarm Payrolls (NFP) report on Friday. ADP employment exceeded expectations yesterday. At 15:30 GMT+3 today, America will release unemployment claims.
What are your trade ideas for today?💬
Today our analysts will hold a video chat with you guys! 🔥
What topics do you want analysts to discuss? Any questions to our experts? Leave in the comments! ⬇️
We'll start after 15:30 GMT+3. Join us! 😉
What topics do you want analysts to discuss? Any questions to our experts? Leave in the comments! ⬇️
We'll start after 15:30 GMT+3. Join us! 😉
🗣The link to join the live chat: https://t.me/fbsanalytics?voicechat
Telegram
FBS Analytics
Market news & trade ideas & analysis and more by FBS team
FBS Support: @fbs_official_bot
More analytics: https://bit.ly/3Ux0pMT
Start trading with FBS: https://bit.ly/3vmgYB2
Channel rules: https://telegra.ph/FBS-analytics-chat-rules-11-22
FBS Support: @fbs_official_bot
More analytics: https://bit.ly/3Ux0pMT
Start trading with FBS: https://bit.ly/3vmgYB2
Channel rules: https://telegra.ph/FBS-analytics-chat-rules-11-22
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