#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!

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#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👇

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#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!

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#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👇

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@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? 💬

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@fbsanalytics

#meme

➡️ Happy Saturday, dear traders!

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

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@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👇

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@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👇

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#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!

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@fbsanalytics

#TradeIdea

👉💵🇻🇦👈XBRUSD Outlook!

👁‍🗨 XBRUSD is testing the crucial 81.50 support level, matching the golden Fibonacci ratio. Here's what might happen:

🔼 A bounce off the 81.50 support could push the price back to 82.60, aligning with the 38.2% Fibonacci retracement;
🔽 However, if the support is broken, we can expect a fall to 80.40.

❓ Are you on the bullish or bearish side?

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@fbsanalytics

#Education

📊 Gold Trading: What You Must Know and Remember!📈

🥇 Gold is up 7.12% over the past month, reflecting the lack of confidence in fiat currencies. This emphasizes the importance of risk management in trading!

💡 Key influencing factors:

💲 Fed monetary policy: The gold market is reacting to expectations of Fed interest rate changes, predicting a possible rate cut in the second half of 2024.
🇺🇸The political situation in the US: the election campaign and the Biden administration's calls for rate cuts are affecting the market, increasing demand for gold as a safe-haven asset.
🌐 The global fight against inflation: Reports on central banks' fight against inflation also shape gold prices.
🏛Central banks in Turkey, China, India, Kazakhstan, Jordan, and the Czech Republic actively buy gold in 2024.

⚠️ Risk Management Recommendations:

➡️ Position Size Control: Limiting the size of the deposit per trade to 2-10% of the total portfolio helps minimize potential losses.
❕ Stop-loss orders: Don't forget to use them to protect capital from unexpected market movements!!!
🟢 Portfolio Diversification: Reduce overall risk by trading in a variety of assets.

⚡️Gold Trading Strategies:

📈 Trend Trading: Utilize long-term trends to determine when to buy or sell. Sometimes, it pays to trade strictly on the trend. Considering the current situation, we are in a trending market.
➡️ Indicators: Technical analysis tools such as moving averages, RSI, and MACD are used to identify potential entry and exit points. Detailed usage can be found in the articles below.
📊 Correlations with currency pairs: Attention to correlations with currency pairs such as AUDUSD is vital for gold-producing countries.

🟣Boost your gold trading strategy with our essential strategy guide
Gold trading strategies
🟣And don't forget to read more about risk management:
Risk management

🔸Overall, successful gold trading requires traders not only knowledge of market specifics and the ability to analyze economic indicators but also to quickly adapt to changing conditions while maintaining strict risk control.

📣 Share this post with your friends and dive into the world of gold trading together!

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#MarketNews

☀️ Happy Tuesday, dear traders! Let's check the news moving the financial markets today:

🍎 Apple is trialing an AI-driven advertising solution akin to Google's Performance Max, aiming to enhance its $7 billion advertising sector. Apple stands at $172.79.

🇦🇷 Argentina's central bank rate is now at 80%, down from 100%. The unexpected cut comes amid declining inflation and a strengthening peso against the dollar.

💵 Citi forecasts a strengthening of the US dollar before the elections and a decline afterwards. Additionally, Citi anticipates a 5% surge in the dollar if Trump wins the election.

🚗 Tesla announces a delay in resuming operations at its German plant. Tesla shares stand at 177.79.

📈 Tether's issuance of USDT indicates an increase in fiat money flow into cryptocurrency, continuing to bolster crypto asset prices. BTCUSD is at 71582.

✈️ An F.A.A. audit of Boeing’s 737 Max production revealed numerous issues, with the company failing 33 out of 89 audits. #BA stands at 192.37.

🏦 JPMorgan CEO states that most US banks will navigate their challenges successfully if interest rates remain stable and a recession is averted.

🇯🇵 The Bank of Japan aims to end negative rates and ease monetary policies once inflation nears 2%, with potential rate hikes if inflation accelerates, without reducing bond holdings.

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

➡️ TRADE WITH FBS
@fbsanalytics