​​🔥Hello, guys! We are here with the new portion of the news.

🇨🇦New Housing Price Index (NHPI) in Canada dropped by 0.1%. Nevertheless, in the daily timeframe, USDCAD bounced from the upper line of the channel and started correcting. The Canadian dollar is strengthening by 0.11% and returning to its average line.

🇯🇵Japanese Core CPI was released higher than expected – at 3.3% vs. 2.9% in the forecast. USDJPY started falling. USDJPY is decreasing by 0.3% right now.

🇯🇵Ex-Bank of Japan official predicts no intervention in the yen until USDJPY rises above 150. USDJPY is now at 145.760. The probability of a further correction is high. The nearest support level is at 145 yen.

🇺🇸US government bonds continue to be sold in anticipation of the Congress at Jackson Hole. As a result, the ten-year yield has updated its 2022 highs and reached the 2007 levels of 4.34%. Well, not only do they sell ten-year bonds - but there have also been problems with liquidity in this market for a long time against the backdrop of a large deficit and an increase in the supply of government bonds.

🔈According to BBG ‘Gold ETF outflows have continued for 12 straight weeks. Interest in gold is declining amid the rising UST yield. Gold price dropped to a five-month low.'

🇺🇸Statistical analysis of the US500 performance since Fed chairs' speeches at the Jackson Hole symposium since 1999 has shown that the index is up +0.39% on average a week after the chairs' speeches. The index grew in 16 out of 24 cases.

🇿🇦In Johannesburg on Tuesday, the BRICS summit opens, which will be the largest-ever meeting of heads of state and government of the non-Western world. According to South Africa, BRICS will focus on reducing dependence on the dollar. Meanwhile, EURUSD started correcting. The pair may soon retest 1.09300 and return to its trend (resistance) line. What’s going on with EURUSD? Check it here in our review➡️https://tinyurl.com/2edkhahs

🥇XAUUSD is still below 200MA in the daily timeframe. Williams %R left its oversold zone, a positive signal for the Bulls. The price may continue to rise for a while. What do you think of Gold, guys? Are you buying or selling? 🤔

That's it for today! Don't forget to leave us 🔥if you liked our review, and we hope to see you all soon.

​​#MarketNews
🗞Be aware this day is filled with PMI releases, so the market may act quite unpredictably. Still, there’s something you should know:

🇳🇿New Zealand Retail Sales are down 1.0% vs. a decrease of 0.4%. The NZD is slightly rising against the USD.

🇫🇷 French Flash Manufacturing PMI is above expectations (46.4 vs. 45.1). French Flash Services PMI is below expectations (46.7 vs. 47.5). This divergence shows a downturn in the services industry.

🇨🇳 Chinese President Xi Jinping has arrived in South Africa for the 15th BRICS summit and urged countries to become geopolitical rival to G7 block.

📉 Bitcoin RSI reached the lowest point since covid crash in 2020. However, the crypto market is slowly down.

💸 Bitcoin mining difficulty continues to rise, breaking the ATH almost weekly.

🇮🇳 India is about to land on the south pole of the moon. It may become the first time for the country to land on the moon.

⛽️ Europe gas prices are rising because of worker strikes in Australia which accounts for 10% of the world's LNG production. Gas reached $500 per metric ton.

📈 Daily trade idea
➡️ https://bit.ly/44kIgDx

💚 Happy trading!

​​🔥Hey-hi! Thursday came! Here is a new day! We are here with the news for you. Let’s discuss what’s happening in the markets right now.

🇺🇸Nvidia reported positively. The company revealed the following numbers: the revenue of $13.51B vs. $11.13B in the forecast. EPS is $2.7 vs. $2.07 in the forecast. Nvidia said sales for the three months ending October will be around $16 billion. The consensus forecast did not exceed $12.5 billion. The company also approved an additional $25 billion share buyback, which the market took very positively.

📈In addition to Nvidia, the tech sector will likely benefit from strong results from the software trio Autodesk Inc., Snowflake Inc., and Splunk Inc. Shares of all three companies jumped after the publication of reports on Wednesday.

🇺🇸The S&P500 reversed and started rising again. The index grew by 1.1% yesterday and closed at 4436.02 points. In the daily timeframe, the US500 touches its 50 Moving average and the resistance line at 4460 points. Are there any additional reasons for stocks to rise? We will find out soon, guys. What about you? Are you buying or selling American indices?🤔

🇦🇪🇸🇦🇮🇷🇦🇷🇪🇬🇪🇹The UAE, Saudi Arabia, Iran, Argentina, Egypt, and Ethiopia are invited to the BRICS. Consequently, BRICS is becoming more and more powerful, challenging the hegemony of the US dollar. Brazil's president says: the BRICS's total GDP will be 37% of the world's. According to the experts: BRICS will account for almost 45% of world oil reserves. In the long-term perspective, it may lead to growth in the gold price and the oil price. Are you following the news from South Africa, dears? What do you think of BRICS?🧐

🇺🇸 The US New Home Sales data was released better than the forecast. The numbers were published at 714K vs. 705K in the forecast. Meanwhile, considering the decrease in refinancing activity, the overall mortgage demand fell by 4.2%. Mortgage prices continue to rise, and Mortgage News Daily, which updates the data more frequently, estimated the 30-year fixed rate at almost 7.5%.

🇪🇺🇺🇸EURUSD bounced from its 200MA and grew yesterday. But today, the downtrend may continue. What’s going on with the leading Forex currency pair? Check it in our new market review here➡️ https://tinyurl.com/43bj7anw

🥇XAUUSD broke the resistance at $1905 and moved to the next resistance level at $1935. Write what you think about the gold price in the comments section below.

🇺🇸All eyes are on the Initial jobless claims statistics, released at 15:30 GMT+3. Economists think that the situation in the labor market keeps deteriorating.

That's it for today, guys! Don't forget to click on ❤️if you liked this review

​​🔥Hello-hello, guys!

Today, we’d like to present you a new review about 18 mistakes you should avoid if you want to trade better. Here are just some of them

❌Trading without a plan and a strategy
❌Avoiding risk-management
❌Ignoring trends

🤔What are other mistakes? Find them here➡️https://tinyurl.com/yjkcpueb

✅TRADE WITH FBS✅

​​#MarketNews
🗞The week was overfilled with events, especially from the BRICS summit and Jackson Hole meeting. Altogether, the market gained some fantastic opportunities. Here’s what we have for today’s session:

🇪🇺 ECB members don’t see a recession coming but want to be cautious at the next meeting. Downside risks to the economy have materialized. We might see one more rate hike despite the possible economic damage.

👷‍♂️ US Unemployment claims are below expectations (230K vs. 239K).

🏦 The US Fed says they should keep the restrictive monetary policy until next year and wait for inflation to go even lower. If inflation goes lower than expectations, the rates may decrease earlier.

🇯🇵 Tokio Core CPI fell to 2.8%, down from 2.9% expectations. USDJPY is up 350 points today and 1670 points over the last two days.

🧱BRICS invited Argentina, Ethiopia, Iran, Saudi Arabia, Egypt, and the United Arab Emirates to join the bloc. If they accept the invitations, their membership will start on July 1, 2024. Together, these countries may become a massive oil-controlling power.

🇨🇫Central African Republic became the first country to tokenize land and natural resources. People of CAR can buy and sell land via blockchain technologies.

🐦 Donald Trump is back in X (Twitter) after two years of silence followed by his ban on the platform. He used to manipulate the stock market through his Tweets back in the day. This time, however, he is aimed at the presidential race.

📈 Trade idea of the day:
➡️ https://bit.ly/45HR1bV

💚 Have a great day!
@fbsanalytics

​​Hello, guys!

Would you like to learn more about Volume Indicators? Read our article➡️ https://tinyurl.com/53fesvev and try to answer the following questions (leave your answers in the comments)👇

Question 1. If you trade stocks, you have information about the volumes of trading provided by...

1️⃣Stock Exchange
2️⃣Commodity Market
3️⃣Forex Market

Question 2. Trade volumes help to understand a given security’s market…

1️⃣Fibonacci levels
2️⃣Activity and liquidity
3️⃣Open interest

Question 3. A tick is … the quote up or down

1️⃣Any single change or movement
2️⃣Significant change or movement
3️⃣Sequence of changes or movements

​​🚀Hello guys!

Here is the picture that illustrates what may happen if traders ignore their strategy and open random trades👇

😱To recover 1% of losses, a trader needs to get 1% of profit, but to recover 50% of losses, the trading strategy must already bring the trader 100% of profit.

🤔Be careful with your maximum drawdown, guys. What do you think of that?