#TradeIdea
π πͺπΊ π¨π¦ π EURCAD Outlook!
β‘οΈ EURCAD has formed an ascending channel pattern, and price tests the resistance area corresponding to 38.2 Fibonacci. Two scenarios are possible since the price has already failed to overcome this level several times.
πΌ If the bulls push the price above the resistance area of 1.4700, we can expect the price to rise to 1.4830
π½ Otherwise, if the price breaks the lower trendline and falls below the support at 1.4660, the target will be the 1.4570 level
β What do you think the EURCAD is bullish or bearish today? Share your opinion in the commentsπ
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π π΅ π»π¦ π XBRUSD Technical Analysis!
π― On the H1, Brent has been in a sideways trend for a long time, and now the price has reached the upper boundary.
πΌ If XBRUSD overcomes the resistance at 83.00, the Target profit will be 84.30
π½ A rebound from the resistance will bring the price back to the lower level of the sidewall at 80.80
π§ Are you on the bullish or bearish side?
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#networking
βοΈ Happy Friday, everyone!!!βοΈ
β‘οΈ Step into the electrifying world of "Boiler Room" (2000)π²
π¬ Featuring Giovanni Ribisi, Vin Diesel, Nia Long, and Ben Affleck, this film delves into the enthralling yet perilous realm of high-stakes finance. πΌ
π₯ With a potent mix of ambition, greed, and ethical quandaries, "Boiler Room" offers a compelling critique of pursuing wealth at any cost. It's a stark reminder of the thin line between success and morality. βοΈ
πΏ Gear up for an evening of intense drama and captivating storytelling. "Boiler Room" promises a cinematic experience as enlightening as thrilling. β¨
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β#Blog
π Explore Passive Income Through Forex Trading with FBS!
π Discover the allure of passive income with our latest article, "Passive Income From Forex Trading." FBS delves into how Forex trading is a robust platform for generating passive income, offering high returns, global accessibility, and the flexibility of 24/5 trading. Learn about the various strategies, from copy trading to automated systems and beyond, to kickstart your passive income journey.
π‘ Whether you're a seasoned trader or new to the Forex scene, this article provides essential tips on risk management, leveraging opportunities, and diversifying your investment portfolio for sustained income.
π Unveil the secrets to leveraging the world's most liquid financial market for you to look at. Get equipped with knowledge on avoiding common pitfalls and optimizing your trading approach for long-term success.
π Gain the insights to transform your trading experience with FBS. Start your journey todayπ
π Explore Passive Income Through Forex Trading with FBS!
π Discover the allure of passive income with our latest article, "Passive Income From Forex Trading." FBS delves into how Forex trading is a robust platform for generating passive income, offering high returns, global accessibility, and the flexibility of 24/5 trading. Learn about the various strategies, from copy trading to automated systems and beyond, to kickstart your passive income journey.
π‘ Whether you're a seasoned trader or new to the Forex scene, this article provides essential tips on risk management, leveraging opportunities, and diversifying your investment portfolio for sustained income.
π Unveil the secrets to leveraging the world's most liquid financial market for you to look at. Get equipped with knowledge on avoiding common pitfalls and optimizing your trading approach for long-term success.
π Gain the insights to transform your trading experience with FBS. Start your journey todayπ
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#MarketNews
β Good morning, dear traders! This Monday, let's closely examine today's essential news and analyze the upcoming significant events.
π Economic calendar
The time zone is GMT+2. Check your time zone here: https://www.timeanddate.com/time/map/
Monday
1οΈβ£ CHF 09:30,CPI m/m
Tuesday
1οΈβ£ JPY 06:00, BOJ Gov Ueda Speaks
2οΈβ£ USD 17:00, ISM Services PMI
Wednesday
1οΈβ£ AUD 2:30, GDP q/q
2οΈβ£ CAD16:45, BOC Rate Statement
3οΈβ£ USD 17:00, Fed Chair Powell Testifies
4οΈβ£ USD 17:00, JOLTS Job Openings
5οΈβ£ CAD 17:30, BOC Press Conference
Thursday
1οΈβ£ EUR 15:15, Main Refinancing Rate
2οΈβ£ EUR 15:15, Monetary Policy Statement
3οΈβ£ USD 15:30, Unemployment Claims
4οΈβ£ EUR 15:45, ECB Press Conference
Friday
1οΈβ£ CAD 15:30, Employment Change
2οΈβ£ CAD 15:30, Unemployment Rate
3οΈβ£ USD 15:30, Average Hourly Earnings m/m
4οΈβ£ USD 15:30, Non-Farm Employment Change
5οΈβ£ USD 15:30, Unemployment Rate
π° News to keep you updated:
π¨π³ This week, China's parliament is set to announce new economic stimulus measures. Premier Li will unveil a GDP growth target 2024 of around 5%. HK50 stands at 16529.
π Crypto inflows have surged, with nearly $50 billion entering the market last month, the highest since October 2021, mainly due to spot BTC-ETF launches. BTCUSD is at 63597.
π―π΅ The Japanese Nikkei 225 (JP225) has surpassed the 40 000 mark and is currently trading at 40 194.
π’ Brent crude oil prices saw a modest increase following the decision by several OPEC+ countries to extend oil production cuts. XBRUSD is at $83.24.
π Israel has agreed to a ceasefire in Gaza, set to last six weeks and commence shortly before the start of Ramadan on March 10th.
π©πͺ Germany's GDP could shrink by at least 1.2% by 2028 if Trump returns to power and increases import tariffs as promised, according to the German Economic Institute (IW).
That's it for today, guys! Click on β€οΈif you liked our review, and see you soon!
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The time zone is GMT+2. Check your time zone here: https://www.timeanddate.com/time/map/
Monday
Tuesday
Wednesday
Thursday
Friday
π’ Brent crude oil prices saw a modest increase following the decision by several OPEC+ countries to extend oil production cuts. XBRUSD is at $83.24.
That's it for today, guys! Click on β€οΈif you liked our review, and see you soon!
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π π₯ π»π¦ π XAUUSD Technical Analysis!
XAUUSD has reached an all-time high after a sharp jump, and now the price is holding near a significant resistance level.
πΌ If the resistance at 2088 is overcome, it will open the way to rise to 2120 or 2143
π½ However, if gold could not hold on, it will fall to the support level of 2057.
β What do you think the XAUUSD is bullish or bearish today?
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XAUUSD has reached an all-time high after a sharp jump, and now the price is holding near a significant resistance level.
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π πͺπΊ π»π¦ π EURUSD Outlook!
π EURUSD is experiencing flat momentum, currently testing the trend line's upper border. Here are the potential scenarios:
πΌ Breaking above the 1.0860 resistance could lead to a rise towards 1.0900.
π½ A rebound off the trend line may trigger a slight correction, dropping to the 1.0800 level.
π€ Is EURUSD bullish or bearish today? Share your opinion in the comments.π
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π π΅ π»π¦ π XBRUSD Update!
β‘οΈ On the H1, XBRUSD, after a long sideways trend, managed to rise slightly, but the growth was short-lived, and the price is going down again.
π½ If the price breaks below the support area at 83.00, it will fall to the critical support at 80.80
πΌ A potential rebound from support will bring Brent back to 84.20
π§ Are you on the bullish or bearish side?
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π π»π¦ π¨π¦ π USDCAD Outlook!
π On the H1 Timeframe, USDCAD has approached the 1.3580 resistance level. Here are the potential directions:
πΌ Breaking through the 1.3580 level could lead to reaching the 1.3610 resistance.
π½ A pullback might see the asset's price falling to the 1.3550 support level.
β What do you think the USDCAD is bullish or bearish today?
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π On the H1 Timeframe, USDCAD has approached the 1.3580 resistance level. Here are the potential directions:
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βWhich currency pair is called "Loonie"? πΈ
Anonymous Quiz
60%
πΉ USDCAD
16%
πΈ CADJPY
11%
π»EURCAD
13%
βͺοΈGBPCAD
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#MarketNews
βοΈ Happy Tuesday, dear traders! Let's check the news moving the financial markets today:
βοΈ Gold surged above $2100, reaching its highest level in history, amid expectations of interest rate cuts.
π¨π³ China aims for a 5% GDP growth in 2024 and plans to issue "ultra-long" special bonds for significant projects, enhancing foreign investment in manufacturing and adjusting its fiscal policy for economic stability and growth.
π° The price of Bitcoin exceeded $68 thousand, and the capitalization of the first cryptocurrency approached the capitalization of silver - $1.38 trillion.
π¬ The Chief Investment Officer of Goldman Sachs states that the significant decline in China's stock market is insufficient to justify investing in the country, concluding that one should not invest in China.
π Asian markets are declining amid the start of the annual meeting of China's top legislature. Hong Kong Hang Seng led losses in Asia, down 2.2%, while China's mainland CSI 300 index rose 0.5%.
π₯ The primary European index, Stoxx 600, reached a record level, with 60% of last year's Stoxx 600 growth attributed to just 11 stocks that Goldman Sachs analysts grouped under the name Granolas back in 2020.
πͺπ¬ Egypt's non-oil business sector faced challenges due to disruptions in the Suez Canal, intensifying a foreign currency shortage and deepening the downturn in private sector activity.
πΈπ¦ Saudi Arabia aims to attract up to $80 billion in private-sector investments to bolster its tourism industry, seeking to transform into one of the world's leading tourist destinations by 2030.
That's it for today, guys! Click onβ€οΈ if you liked our review, and see you soon!
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That's it for today, guys! Click on
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π π»π¦ π―π΅ π USDJPY Outlook!
πΈ USDJPY is positioned within a symmetrical triangle, approaching the 150.500 resistance level. The scenarios unfold as follows:
πΌ Should USDJPY break above the 150.500 resistance, the pathway opens towards the next resistance level of 150.800.
π½ Conversely, if it breaks below the triangle's lower boundary, the price will retreat toward the 150.000 support level.
π€ Are you on the bullish or bearish side? Share your opinion in the comments.π
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π π₯ π»π¦ π π XAUUSD Alert!
π On the H1, XAUUSD is actively growing and after a small consolidation broke through the level of 2120 and continues to grow.
πΌ Trade: Buy XAUUSD
π― TP: 2143
Smashβ€οΈ if you trade Gold today!
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π― TP: 2143
Smash
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#AIvsAnalyst
π AI vs Analyst π
β Hello, dear traders! We continue our AI vs Analyst competition. Will artificial intelligence take revengeβ
π Signal from AI:
Asset: USDCHF
Entry Point: 0.8860
Take Profit: 0.8890
Chart Pattern: Pennant (bullish)
π Signal from Analyst:
Asset: EURUSD
Entry Point: 1.0855
Take Profit: 1.0870
Analysis: Bullish flag
π€ vs π§ SCORE: [0:1]
β Who will be right this time? Place your bets in the comments. π
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π AI vs Analyst π
Asset: USDCHF
Entry Point: 0.8860
Take Profit: 0.8890
Chart Pattern: Pennant (bullish)
Asset: EURUSD
Entry Point: 1.0855
Take Profit: 1.0870
Analysis: Bullish flag
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π π‘ βΆοΈ β© XAGUSD Update!
β‘οΈ XAGUSD shows rapid growth and is now at a significant resistance level. But the RSI is above 70.0, signaling that silver is overbought.
πΌ If XAGUSD breaks above the resistance of 24,000, we can expect a rise to 24,500
π½ However, if the price bounces off the resistance, it will fall to 23.500 support
β What do you think the XAGUSD is bullish or bearish today? Share your opinion in the commentsπ
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FBS Analytics
#TradeIdea π π»π¦ π¨π π All eyes on USDCHF! π USDCHF is trending upwards within the H1 timeframe, having rebounded from the upper boundary of the channel and the resistance level of 0.8760. The next movement of the asset may unfold in two possible scenarios: β¦
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π π»π¦ π¨π π USDCHF Outlook!
π USDCHF is testing a 38.2 Fibonacci and a 0.8850 support level. The next movement of the asset may unfold in two possible scenarios:
πΌ Rebound of 0.8850 support level will push the asset to 0.8880 level.
π½ Alternatively, a breach below the 38.2 Fibonacci ratio will drop the asset to 0.8820 level.
β Do you expect a bullish or bearish move today? Share in the comments. π
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