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👉🥇🇻🇦👈All Eyes on XAUUSD!

☄️ On the H1, XAUUSD is in a short-term uptrend. Gold has fallen to the trend line, with the MA200 signaling a bearish sentiment, but two scenarios are possible in this case.

🔽 A break of the trendline and a fall below the 2330 support area will drop the price to 2310;
🔼 A rebound from the trend line will bring Gold back to the 2350 resistance;

Smash ❤️ if you trade XAUUSD today!

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#MarketNews

☀️ Happy Tuesday, dear traders! Let’s discuss the most exciting news for the beginning of the week:

☄️ In March, the People's Bank of China purchased 160,000 ounces of gold, increasing its reserves to 2,262 tons. The move was a response to tense relations and a move to diversify from US Treasuries.

💰 Bitcoin and Ethereum are falling amid stagflation fears, while the crypto market is caught between potential US Treasury liquidity injections and economic stagnation.

🛢 Oil prices steadied as Middle East ceasefire talks and progress in Israel-Hamas negotiations reduced risk premiums, with Brent crude near $88 after a 1.2% drop.

🇯🇵 Japanese stocks rose on strong corporate earnings after the market reopened, with the Nikkei 225 climbing 1.2%.

✈️ Lufthansa anticipates recouping its strike-related losses with a robust summer season, projecting a 16% increase in bookings compared to last year. Lufthansa (#LHA) shares are up 0.69%.

🖥 Microsoft's CEO announced a $1.7 billion investment in cloud and AI technologies in Indonesia, including the construction of data centers. Microsoft (#MICROSOFT) shares are down 1.00% today.

🚗 Elon Musk is cutting Tesla's senior management and laying off hundreds more employees amid falling sales and dissatisfaction with the pace of previous layoffs. Tesla (#TESLA) shares skyrocketed 15.31%.

🇫🇷 The French economy grew by 0.2% in the first quarter, slightly surpassing expectations and continuing its growth from the previous quarter.

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

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👉🇪🇺🇻🇦👈EURUSD: Key Moment!

🔥 On the H1, the EURUSD pair, being in a short-term uptrend, has formed an ascending channel pattern. MA200 signals bullish sentiment, but RSI shows divergence.

🔽 If the price breaks the trend line and falls below the support at 1.0700, it will fall to 1.0650;
🔼 If it rises above the resistance at 1.0710, the target will be 1.0750;

🧐 Are you bullish or bearish on EURUSD? Share in the comments 👇

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👉🇻🇦🇯🇵🚀👈USDJPY May Rise!

☄️ After updating the high of the last 34 years, USDJPY became very volatile and fell to the trend line. But now the price has bounced back and is rising again. DeMarker indicates the possibility of further growth, and the moving averages also show bullish sentiment.

🔼 Trade: Buy USDJPY on a breakout above 157.100;
🎯 TP: 158.500;

Smash ❤️ if you agree!

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👉🇨🇦🇯🇵👈CADJPY Update!

🚩 After a sharp decline, CADJPY has formed a pennant pattern, and the price is approaching a breakout point. Although the long-term trend is bullish and moving averages are also bullish, the pattern is bearish in this case, and %R shows overbought.

🔼If the price breaks the resistance at 114.700, it will rise to 115.200;
🔽A fall below the 114.600 support will drop CADJPY to 113.900;

🧐Are you on the bullish or bearish side?

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👉🥇🇻🇦🛸👈XAUUSD Alert!

☄️ On the H1, XAUUSD broke the support area of 2315, and the price continues to decline. The moving averages are above the price, which signals the continuation of the short-term bearish trend.

🔽 Trade: Sell XAUUSD;
🎯 TP: 2300;

Smash ❤️ if you trade XAUUSD today!

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🎉Target Profit has been reached!! 🎉

👇 Stay tuned! 👇

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#MarketNews

☀️ Happy Wednesday, dear traders! Today, May 1, we're bringing you the day's most thrilling news highlights:

☄️ Risks of rising emerging market rates are increasing as previous bets on rate cuts change, and countries from Turkey to South Africa may have to tighten monetary policy.

🔔 Amazon's sales are growing as the company focuses on AI, and the CEO stated that AI capabilities are accelerating the growth of its cloud business. Amazon (#AMAZON) shares are down 3.29%.

📊 Wall Street faced a turbulent April close, with rising labor costs and falling consumer confidence fueling fears of prolonged high Federal Reserve interest rates.

🇯🇵 Changes in the Bank of Japan's accounts suggest a ¥5.5 trillion intervention on Monday to support the yen, marking Japan's first suspected market entry since 2022.

🇸🇦 Saudi Arabia's economic contraction eased to 1.8% in Q1 2024, improving from a 4.3% decline as oil production cuts were less severe.

🇨🇳 China's factory activity continued to expand in April, marking a second consecutive month of growth and signaling a sustained economic recovery.

🚗 Tesla has drastically reduced its Supercharger team, potentially slowing the expansion of its charging network that major automakers rely on, amidst broader company layoffs. Tesla (#TESLA) stock is down 5.49%.

⚡️ Gold prices dipped below $2,300 as expectations of a hawkish Federal Reserve stance increased, reducing the metal's appeal amid declining haven demand.

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

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👉💡▶️⏩Important Point for NZDUSD!

🇳🇿 On H4, the NZDUSD pair formed a descending channel pattern. The price bounced off the upper trend line and reached the critical support level.

🔽 If the price falls below the support level at 0.5880, it will drop to last year's low of 0.5800;
🔼 A rebound from support will take the price back to the upper trend line and resistance at 0.5950;

❓ Do you buy or sell NZDUSD? Write in the comments🔽

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👉🗽🕛US500 Update!

🌐 US500 is very volatile, and the price is declining rapidly, reaching 23.6 Fibonacci support. US500 has broken the trendline in a short-term uptrend, but the RSI is signaling a significant oversold condition.

🔽 If the price breaks below the 5010 support, we can expect a decline to the 4960 level;
🔼 A rebound from support will bring the price back to 5060 resistance;

❓ Are you bullish or bearish on US500? Share in the comments 👇

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👉🇻🇦🇨🇦👈USDCAD Outlook!

🔥 On the H2, USDCAD, after a rapid rise, the price is caught between two levels, and it is testing the 61.8 Fibonacci support. Indicators are giving mixed signals, creating two possible scenarios.

🔽 A break below the support at 1.3760 will mean the beginning of the decline to 1.3710, corresponding to 38.2 Fibonacci;
🔼 However, if the price overcomes 1.3780, the rise will continue to 1.3830;

🧐Are you on the bullish or bearish side?

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👉🥇🇻🇦👈All Eyes on XAUUSD!

☄️ XAUUSD fell sharply yesterday, breaking through the psychological level, but now the price is testing this resistance area. Considering the large number of US reports today, Gold could move in two directions in the short-term scenario.

🔼 If XAUUSD breaks above the resistance of 2300, the price could reach 2320;
🔽 However, if Gold bounces off the resistance, the downside target will be 2280;

Smash ❤️ if you trade XAUUSD today!

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#MarketNews

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

☄️ Fed Chair Jerome Powell indicated potential rate cuts later this year but remained non-committal on timing due to persisting inflation concerns.

🇬🇧 BOE Governor Andrew Bailey faces deep divisions among policymakers on the timing of potential UK rate cuts amidst political pressure ahead of elections.

🇺🇸 The US Treasury will conduct a $15 billion bond buyback from late May to July 2024, its first since 2002.

💬 JPMorgan notes that investor expectations ahead of the Apple report could be so low that even a slight decline in Apple's revenue might trigger a reversal in stock prices. Apple (#APPLE) shares are down 0.60% today.

🇯🇵 Japan maintains ambiguity over potential yen market interventions, as top FX official Masato Kanda declines to confirm recent actions amidst currency volatility.

🛢 The FTC is set to approve Exxon Mobil's $60 billion acquisition of Pioneer Natural Resources, contingent on Pioneer's former CEO not joining Exxon's board. Exxon (#XOM) stock is down 1.97% today

💰 Bitcoin drops below $58,000, risking further declines as the crypto market faces its worst month since the FTX crash, with hawkish Fed policies potentially impacting risky assets.

🖥 The Microsoft CEO committed $2.2 billion to AI and cloud infrastructure in Malaysia. Microsoft (#MICROSOFT) shares are up +1.49%.

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

➡️ TRADE WITH FBS
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👉🇦🇺🇻🇦👈Important Point for AUDUSD!

⭐️ AUDUSD is quite volatile, but the short-term trend is bullish, and the price has reached 61.8 Fibonacci resistance. Although indicators show the possibility of continuing the bullish trend, a divergence has formed on the RSI.

🔼 If the price breaks above the resistance area at 0.6540, it will reach the level of 0.6580;
🔽 A bounce off the resistance and further decline will drop AUDUSD to 0.6490;

❓What do you think the AUDUSD is bullish or bearish today? Share your opinion in the comments👇

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👉🥇🇻🇦👈XAUUSD Outlook!

☄️ XAUUSD has rebounded from the 2325 resistance level and the upper border of the bullish falling wedge pattern, now testing the 2305 support area.

🔼 A bounce from the 2305 support could propel the asset to retest 2325;
🔽 Conversely, a break below the support may lead to a decline towards the 2285 support level.

Smash ❤️ if you trade XAUUSD today!

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#LiveStream

⚠️ Get ready for a major trading event of the week tomorrow — US NFP release ⚠️

➡️ Join our exciting US NFP trading stream on May 3rd, at 15:00 GMT+3!

🚀 Watch as our charismatic financial maestro, Adetola Freeman, dives into the market live, sharing exciting trading ideas and exclusive knowledge! 😎

🔥 Don't miss this epic event! Set a reminder right now 👇
https://www.youtube.com/watch?v=A9gEEoW6kc4

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👉🇻🇦🇯🇵👈USDJPY: Global Analysis!

💸 Looking at the Monthly Timeframe, USDJPY is in a long-term bullish trend. The price has reached the 1990 high, updating the high of the last 34 years. Despite BOJ interventions and the US Fed keeping the key rate on hold, USDJPY could move in two directions.

🔼 If the price overcomes the resistance area of 160.00, we can expect a rise to the level of 180.00;
🔽 However, if the price bounces off the resistance, USDJPY could be expected to fall towards the 140.00 support;

🔴 Traders, what is your sentiment on USDJPY? Share your opinion in the comments👇

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👉💡▶️⏩XAGUSD Outlook!

⚡️XAGUSD targets the crucial 26.30 support zone, aligned with the golden Fibonacci ratio. The 50-MA crossing below the 100-MA indicates bearish momentum for the asset.

🔼 If XAGUSD rebounds from the 26.30 support, it could rally towards a target of 26.80;
🔽 However, if silver surpasses the golden Fibonacci ratio, it may pave the way to 25.20.

❓ Do you agree with FBS analysts? Let's discuss it! 💬

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