#TradeIdea

👉🥇🇻🇦🚀👈XAUUSD Forecast!

☕️ Dear traders, brew some tea and prepare for FBS analysts' long-term forecast❗️

⭐️ In the 1-month timeframe, XAUUSD formed a 'Cup and Handle Pattern", which signals bullish momentum.
The asset has already broken above the resistance line and rushed to the top:

😵 Target 1: TP 2300.00;
😵 Target 2: TP 2500.00.

😶‍🌫️ Do you believe the target will be achieved during 2024?

➡️ TRADE WITH FBS
@fbsanalytics

#MarketNews

☀️Happy Friday, dear traders! Look at the major news on this week's last trading session!

☄️ Federal Reserve Chair Jerome Powell indicated the Fed is nearing the confidence required to reduce interest rates, contingent on more evidence that inflation is consistently moving towards the 2% target.

📣 Google (#GOOGLE) has established its first cybersecurity base in Tokyo, the Asia-Pacific region, aiming to bolster cyber countermeasures. Google stock is up 2.27% today.

🇪🇺 Bundesbank President Joachim Nagel anticipates a possible interest rate cut by the European Central Bank before the summer break, contingent on economic data.

✈️ Boeing (#BA) is overhauling its employee bonus structure to prioritize safety and quality. The company's stock is up 1.08%.

🛢 Oil prices increased due to rising demand from the world's largest consumers, the United States and China, alongside optimistic signals from the US Federal Reserve.

🎮 Alibaba's Lingxi Games announces a leadership change, with the current management stepping down to allow a younger team of executives to take over. Alibaba (#ALIBABA) shares were down 1.59%.

🇨🇳 China's electric vehicle sales growth slowed in the first two months of the year compared to the same period in 2023 amid intensifying competition and consumer concerns over EV battery performance in cold weather.

🥇 Gold is on track for its best weekly performance in five months and is hitting record highs as comments from Federal Reserve Chairman Jerome Powell support expectations of a mid-year interest rate cut.

❓ How was your trading week? Share your opinion in the comments!

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@fbsanalytics

#TradeIdea

👉🥇🇻🇦🚀👈XAUUSD is flying up!

📈 Gold is rapidly growing and has already overcome the historical maximum. Not so long ago the price held above the 161.8 Fibonacci level and is testing the resistance.

🔼 Trade: Buy XAUUSD on a breakout above 2165
🎯 TP: 2193

Smash 👍 if you will trade this setup!

➡️ TRADE WITH FBS
@fbsanalytics

#TradeIdea

👉💡▶️⏩XAGUSD Outlook!

⚡️ XAGUSD is in a short-term uptrend, and the price has hit the Fibonacci golden pocket. Despite the rapid rise, the RSI is almost 72, signaling overbought.

🔼 If XAGUSD breaks the resistance of 24.500, the upside is expected to reach the 25.000 level;
🔽 But if silver bounces off the resistance, it will fly down to 24,000 and 23,450 levels.

❓Are you bullish or bearish on XAGUSD? Share your thoughts in the comments👇

➡️ TRADE WITH FBS
@fbsanalytics

#TradeIdea

👉🗽🕛US500 Update!

⭐️ US500 has been in a long-term uptrend for several months, and the price continues to rise. A minor correction to the trend line and further growth are possible as part of further growth.

🔼 Trade: Buy US500 on a breakout above 5170
🎯 TP: 5253

Smash ❤️ if you are bullish on US500!

➡️ TRADE WITH FBS
@fbsanalytics

#LiveStream

💪Are you going to trade the upcoming NFP release today? Cause we are!

➡️Join our US NFP Live Trading Stream today at 15:00 GMT+2!

Our financial analyst and trading expert, Adetola Freeman, will trade live and share trade ideas & market insights with you!

Join and don't miss an opportunity to learn and win with FBS👇

https://www.youtube.com/watch?v=teCC-mYux1I

💥We are live!

Adetola is providing technical analysis of XAUUSD!

➡️Join us: https://www.youtube.com/watch?v=teCC-mYux1I

☄️ US NFP release

⚡️ NFP m/m
Actual — 275K
Expected — 198K
Previous — 229K

⚡️ Average Hourly Earnings m/m
Actual — 0.1%
Expected — 0.2%
Previous — 0.6%

⚡️ Unemployment Rate
Actual — 3.9%
Expected — 3.7%
Previous — 3.7%

🔼Gold is going to the moon! Are you on the stream?

➡️Join us: https://www.youtube.com/watch?v=teCC-mYux1I

#networking

🎉 We wish you a Great Friday Night, finance enthusiasts!

📖 Our recommendation for tonight is "The Alchemy of Finance" by George Soros.

🔎 Why should every trader read this book?

✅ Reveals George Soros' theory of reflexivity and its application to financial markets.
✅ Provides a first-hand account of how Soros navigated the markets to make his fortune.
✅ Challenges traditional market theories by offering a new perspective on market dynamics and speculation.

🟡Soros reveals complex financial concepts, making them accessible and compelling. His candid account of what lies behind his investment decisions is both educational and inspiring.

❓Do you have a favorite book that changed your views on trading? Leave your recommendations in the comments below👇

➡️ TRADE WITH FBS
@fbsanalytics

#AIvsAnalyst

🏅Dear traders, let's recap our thrilling competition!

💪 Our previous forecast marked another victory for the Analyst and, regrettably, a miss for the AI. 😫

📊 Total number of signals:

🤖 AI signals: [3]
🧠 Analyst signals: [3]

🏆 Prediction Accuracy:

🤖 AI hits: [0]
🧠 Analyst hits: [2]

✍️ Clearly, the Analyst outperformed the AI in market analysis. Did you place your bet on the right contender? 💬

➡️ TRADE WITH FBS
@fbsanalytics

#meme

➡️ Happy Saturday, dear traders!

✍️ Tell us about your trading results over the past insane week.😨

➡️ TRADE WITH FBS
@fbsanalytics

#MarketNews

👋Good morning, dear traders! This Monday let's take a close look at today's key news and analyze the upcoming significant events.

📆Economic calendar

The time zone is GMT+2. Check your time zone here: https://www.timeanddate.com/time/map/

Monday
1️⃣ GBP 19:00, MPC Member Mann Speaks

Tuesday
1️⃣ GBP 9:00, Claimant Count Change
2️⃣ USD 14:00, Core CPI m/m
3️⃣ USD 14:30, CPI y/y
4️⃣ USD 19:01, 10-y Bond Auction

Wednesday
1️⃣ GBP 9:00, GDP m/m
2️⃣ USD 19:01, 30-y Bond Auction

Thursday
1️⃣ USD 14:30, Core PPI m/m
2️⃣ USD 14:30, Core Retail Sales m/m
3️⃣ USD 14:30, PPI m/m
4️⃣ USD 14:30, Retail Sales m/m
5️⃣ USD 14:30, Unemployment Claims

Friday
1️⃣ USD 14:30, Empire State Manufacturing Index
2️⃣ USD 14:30, Prelim UoM Consumer Sentiment

📰News to keep you updated:

🛢 Oil prices fell ahead of anticipated US inflation data and forthcoming reports from OPEC and the IEA amid global economic uncertainties and fluctuating demand forecasts.

🇩🇪 Germany's family-owned firms, the backbone of its economy, are increasingly up for sale due to bureaucratic hurdles and investment demands, signaling a shift away from traditional family succession.

⚡️ Nvidia's impressive rally, adding over $1 trillion in value this year, positions it for another potential stock split, making its shares more accessible to retail traders.

🇯🇵 Japan avoided a technical recession with revised fourth-quarter data showing a 0.4% annual growth, bolstered by solid capital expenditure, despite earlier projections of a contraction.

📈 Gold's record surge, driven by weak US economic data, banking concerns, and geopolitical tensions, prompts speculation on continuing its rally.

🔥 Saudi Aramco increased its dividends to $98 billion, reporting the second-largest profit in its history despite falling oil prices and government-mandated production cuts.

That's it for today, guys! Click on ❤️if you liked our review, and see you soon!

➡️ TRADE WITH FBS
@fbsanalytics

#TradeIdea

👉🗽🕛 US500 Outlook!

⚙️ US500 is trading within a bearish rising wedge, challenging its lower border and the 5110 support level. Here are the potential outcomes:

🔼 A rebound off the lower border could lead to a climb to 5180;
🔽 However, breaking below the trendline and consolidation below the 5110 support might initiate a drop to 5050.

😊 Do you agree? Share your opinion in the comments👇

➡️ TRADE WITH FBS
@fbsanalytics

#TradeIdea

👉🇪🇺🇯🇵👈EURJPY Technical Analysis!

📊 In the H4 time frame, EURJPY is declining rapidly and has reached the 61.8 Fibonacci support, which creates two possible scenarios:

🔼 If the price bounces off the 160.00 support, it will rise again to the 162.00 level;
🔽 However, if the bears push the price below 61.8 Fibonacci, EURJPY will drop to 158.500.

❓Are you bullish or bearish on EURJPY? Share your thoughts in the comments👇

➡️ TRADE WITH FBS
@fbsanalytics

#InstrumentoftheWeek

🔥 Instrument of the Week! 🔥

📣 Big Announcement! We offer reduced spreads by 50% on EURGBP all this week, giving you a fantastic trading opportunity!

✨ To start trading this instrument, we have prepared a unique technical analysis that will be especially useful:

☄️ EURGBP is in a long-term sideways trend, and the price has reached the lower boundary of the range. Despite the bounce from the support, the moving averages indicate the possibility of further decline.

🔼 If the EURGBP holds above the resistance at 0.8520, it will rise to the upper trend line at 0.8570;
🔽 Otherwise, if bears push the price below 0.8500, a level of 0.8450 will be the downside target.

Smash 🦄if you're bullish. Put 😈 if you're bearish! Let's check who wins!

➡️ TRADE WITH FBS
@fbsanalytics