​​🔥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
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​​#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👇

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

#meme

No one believes the Federal Reserve 😅

​​#MarketNews
☀️Hello, and welcome to the last week of August. We found the best news and collected the most impactful events for you to stay on the top of the market. Let’s go!

🗓 Economic calendar
The time zone is GMT+3. Check your time zone here.
Monday:
All day, UK Bank Holiday
2️⃣ Tuesday:
AUD 10:40, RBA Gov-Designate Bullock Speaks
USD 16:00, S&P/CS Composite-20 HPI y/y
USD 17:00, JOLTS Job Openings
USD 17:00, CB Consumer Confidence
3️⃣ Wednesday:
AUD 04:30, CPI
EUR 10:00, Spanish Flash CPI y/y
USD 15:15, ADP Non-Farm Employment Change
USD 15:30, Prelim GDP q/q
4️⃣ Thursday:
CNH, 04:30, Manufacturing PMI
EUR 12:00, CPI and Core CPI Flash Estimate y/y
USD 15:30, Core PCE Price Index m/m
5️⃣ Friday:
CHF 09:30, CPI m/m
CAD 15:30, GDP m/m
USD 15:30, Non-Farm Employment Change, Average Hourly Earnings m/m, and Unemployment Rate
USD 17:00, ISM Manufacturing PMI

🗞News to watch for today

📉 August is historically a weak month for the stock market and Bitcoin. However, September is the worst month of the year for these instruments.

🇨🇳 China’s securities regulator approved the launch of 37 retail funds over the weekend, part of government efforts to revive a stock market. The HK50 index is down 13% in August.

🏦 The world’s top central bankers stressed the need to keep interest rates high until inflation is contained.

🤑 BlackRock is the second-biggest holder of the four biggest crypto mining companies. While the rest of the market is sleeping, BlackRock is betting on the crypto industry.

🧠 JPMorgan plans to invest $1 billion annually in AI starting in 2024.

🇳🇿New Zealand government announces spending cuts and changes to save $4 billion.

🏆 Gold analysis for the week ahead:
➡️ https://bit.ly/3EbM3sq

💚 Have a profitable week!

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​​🔥Tuesday is here! Some news was released. Let’s go through them!

🇺🇸Treasuries attract buyers - high yields offset Powell's warning. Various banks, including JPMorgan Chase & Co., remain bullish on the bond market despite Powell's warning at Jackson Hole on Friday of possible new increases. They believe that even further Fed rate hikes will not lead to significant bond losses to outweigh the highest yield since 2007.

🇺🇸Bank of America: Powell's speech at Jackson Hole was balanced, with hawk and dove elements. We still expect another 0.25% rate hike in November. We expect a 0.75% rate cut in 2024 starting in June.

🇨🇳Analysts believe that the Central Bank of China may again reduce the RRR reserve requirement to increase liquidity in the system. JPMorgan Bank expects the central bank to cut the RRR rate by 0.25% this quarter. It means that USDCNH may start rising again.

🇯🇵Yen to drop to 1990 year levels if BoJ stays soft – Goldman. Bank strategists led by Kamakshya Trivedi predict that the yen will hit 155 over the next six months, the lowest level since June 1990. They previously expected the yen to trade up to 135. «While the Bank of Japan is still far from raising rates, the yen should continue to decline,» the strategists wrote in a note.

🇩🇪German Gfk Consumer Climate Index fell to -25.5 points. Meanwhile, German Chancellor Olaf Scholz said Germany will not allocate additional funds to fight economic problems and increase the size of its debts.

🇪🇺🇺🇸EURUSD is testing its 200MA. Bulls and bears are fighting for the crucial levels. The price may rise slightly, considering that stochastic lines almost intersected in the oversold zone in the Weekly timeframe. The pair may try to return to 1.0900, but at first, bulls should break the resistance at 1.0830.

🥇XAUUSD is moving to its resistance at $1935. But the Average Directional Index is falling. It means that the trend may be weak. Do you want to know more about Gold technical analysis, guys? Read our new review here➡️ https://tinyurl.com/ysnjb6cy

🇺🇸The JOLTS indicator is in focus today. Even though JOLTS is lagging, the market may react to the numbers. If the fact is higher than 9.465M – the US dollar may try to rise.

Okay, that’s it for now. Don’t forget to give us❤️ if you liked our review, and we hope to see you all soon!

​☀️Happy Wednesday, dear traders! Today, traders will get first hints regarding the US labor market condition and the US GDP. Let's check more news moving the markets today!

🇬🇧The Bank of England is facing serious losses when buying its bonds to help the economy. Experts say the situation will get even worse.

☣️Coinbase (COIN) gained 15% yesterday, and Bitcoin increased over 6% after Grayscale's victory in court against the SEC.

🇨🇳The largest Chinese ETF reported a record monthly influx of client funds, indicating a possible stock market reversal.

🇺🇸Fundstrat Research expects the data this week to signal disinflation and "softening" of the labor market. As a result, they believe the Fed will finish the rate hike cycle.

🔼Risk sentiment is back. Yesterday, NASDAQ gained 2.15%, with Tesla and Nvidia increasing by 7.70% and 4.16%, respectively.

➡️Get CADJPY trade idea: https://bit.ly/3Eg6mou