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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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👉🇻🇬🇻🇦👈GBPUSD Outlook!

💸 On the H4 chart, GBPUSD is targeting a bearish trendline, moving inside a head-and-shoulders pattern. In addition to this, the MA100 is offering crucial support.

🔼 A bounce off the 1.2480 support could send the pair soaring towards 1.2530 and the trendline.
🔽 Conversely, breaching the support might trigger a descent to 1.2420.

Smash ❤️ if you trade GBPUSD today!

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#MarketNews

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

🇨🇦 The head of the Bank of Canada stated that before initiating any rate cuts, the bank needs assurance that inflation has begun to decrease steadily.

🔎 In 2022, Google paid Apple $20 billion to become the default search engine in Safari. As a result, Google's shares rose to $166.70.

🇯🇵 Goldman Sachs anticipates the Bank of Japan's continued interventions in the FX market. Consequently, USDJPY dropped to 153.07.

📈 This weekend, there will be the Berkshire Hathaway shareholders' meeting. Buffett downplayed the company's "stunning" results, but investors aren't listening - BRKB trades at 400.59, reaching historical highs.

🍎 CNBC reports that Apple has launched its largest share buyback program amid declining iPhone sales. As a result, APPLE shares rose to 173.18.

✂️ Powell kept the possibility of a rate cut alive but extended its duration indefinitely. He practically ruled out a hike as the next rate move. As a result, the UsDollar dropped to 105.27.

🇬🇧 According to the OECD, the UK is expected to exhibit the slowest economic growth among all developed countries next year, attributed to high-interest rates and inflationary pressures. The UK100 index is consolidating at 8206.

🇹🇷 Turkey's April Consumer Price Index (CPI) rose by 3.2%, slightly below the anticipated 3.4%. Annually, CPI surged by 69.8%, slightly lower than the projected 70.3%. Meanwhile, USDTRY is currently trading at 32.42.

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

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👉💡▶️⏩All Eyes on NZDUSD!

⚡️ The NZDUSD pair formed a descending channel, and the price reached the upper trend line, testing the MA200. Despite the long-term decline, two scenarios are possible.

🔼 A break of the trend line and a rise above the resistance at 0.5980 will start a bullish trend towards 0.6080;
🔽 A rebound from the trend line will bring NZDUSD down to the support at 0.5880;

❓ Do you trade NZDUSD today? Write in the comments👇

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👉🇪🇺🇻🇦👈EURUSD Technical Analysis!

⚡️On the H4 chart, EURUSD encountered a significant resistance zone at 1.0740, coinciding with the 38.2 Fibonacci ratio. The 200-period Moving Average (MA) also adds to the resistance.

🔼 If the price breaks above 1.0740, it may target the 1.0810 level;
🔽 Conversely, a failure to breach the resistance could trigger a correction towards 1.0650.

Tap the 👍 button if you're trading EURUSD today!

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👉🥇🇻🇦👈XAUUSD: Short-term Analysis!

☄️ On the M30, XAUUSD formed a symmetrical triangle pattern, and the price reached the lower trend line. Indicators are giving mixed signals, creating two possible options for Gold.

🔽 If the price falls below the support of 2300 and breaks the lower trend line, we can expect a fall to 2290;
🔼 A rebound from the support will open the way for a rise to 2310, to the upper trend line;

Put ❤️ if you are bullish. Click 👍 if you are bearish!

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▶️ Live Now! ▶️

🎞 Join Adetola Freeman as he provides expert analysis on the market reactions to the US NFP!!! This is your chance to gain critical insights.

➡️ Watch Here: Join Right Now

☄️ US NFP Release☄️

⚡️ NFP m/m
Actual — 175K
Expected — 238K
Previous — 315K

⚡️ Average Hourly Earnings m/m
Actual — 0.2%
Expected — 0.3%
Previous — 0.3%

⚡️ Unemployment Rate
Actual — 3.9%
Expected — 3.8%
Previous — 3.8%

📉USD is falling!!! Do you trade?

👋 Hello, dear traders!

🎢 The markets are volatile after the US reports.

❓Question of the day: Will the Fed cut the interest rate this year following the latest NFP and Unemployment Rate data?

💬 Let's hear your thoughts in the comment section below! 👇

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#meme

🎉 Happy Saturday, traders!🎉

🔥 What a wild ride this week! How did you do? Share your experiences and trades in the comments! 💬

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#LiveStreamAlert

⭐️ Happy Sunday, Traders! ⭐️

⏰ Mark your calendars! Join our Weekly Outlook Stream Featuring the Upgraded FBS App with Adetola Freeman!

📆 Tune in on 06.05.2024 at 16:00 GMT+3 (MetaTrader time). Adetola Freeman from FBS will provide expert insights and in-depth analysis to prepare you for the week ahead in the financial markets.

🎞 Don’t miss this opportunity to stay informed and ahead of the game! Gain valuable knowledge and actionable strategies to navigate the markets effectively. See you there!

https://www.youtube.com/watch?v=n5chPhAVdk0

#MarketNews

👋 Good morning, dear traders! How are you? Let’s discuss the most exciting news for the beginning of the week.

📆 Economic calendar

The time zone is GMT+3. Check your time zone here: https://www.timeanddate.com/time/map/

Monday
1️⃣ CHF 15:25, SNB Chairman Jordan Speaks

Tuesday
1️⃣ AUD 07:30, Cash Rate
2️⃣ AUD 07:30, RBA Monetary Policy Statement
3️⃣ AUD 07:30, RBA Rate Statement

Wednesday
1️⃣ USD 20:01, 10-y Bond Auction

Thursday
1️⃣ GBP 14:00, BOE Monetary Policy Report
2️⃣ GBP 14:00, Official Bank Rate
3️⃣ GBP 14:30, BOE Gov Bailey Speaks
4️⃣ USD 15:30, Unemployment Claims
5️⃣ USD 20:01, 30-y Bond Auction

Friday
1️⃣ GBP 9:00, GDP m/m
2️⃣ CAD 15:30, Employment Change
3️⃣ CAD 15:30, Unemployment Rate
4️⃣ USD 17:00, Prelim UoM Consumer Sentiment

📰 News to keep you updated:

🇪🇺 The Euro zone's economy, currently at a turning point, is awaiting a surge in consumer spending, encouraged by rising wages, easing inflation, and potential ECB interest rate cuts.

🇦🇺 Australia's central bank is expected to maintain its key interest rate at a 12-year high amid strong job market conditions to address ongoing inflation concerns.

🇨🇳 Chinese President Xi Jinping begins his European tour in Paris. He aims to reset ties with France and visit Serbia and Hungary. HK50 is up 0.58% today.

🥇 Gold prices rose as a weaker dollar, and expectations of Federal Reserve rate cuts following disappointing US payroll data boosted the metal's appeal.

📈 Oil prices increased as tensions in Gaza escalated and Saudi Arabia raised its crude prices, with slim prospects for a ceasefire impacting the central oil-producing region.

🔥 Warren Buffett reduced his stake in Apple by 13% in the first quarter, selling 115 million shares for $790 million while increasing his cash holdings to $189 billion.

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

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#TradeIdea

👉💡▶️⏩BTCUSD is Rising!

📈 On the H4, BTCUSD broke the downtrend, and the price reached critical resistance. Bitcoin has broken through the resistance of 65000 and rose above MA200, so we can consider the possibility of further upside.

🔼 Trade: Buy BTCUSD;
🎯TP: 67000;

Smash ❤️ if you agree!

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👉🥇🇻🇦🚀👈XAUUSD Looks Bullish!

🥇 On the H2, XAUUSD broke above the upper border of the bullish falling wedge and aimed for crucial 2327 resistance. The momentum oscillator crosses the 100 line, giving an extra bullish sentiment. However, a 50- and 100-MA provide resistance to the price.

🔼 Trade: Buy XAUUSD on a break and consolidation above the 2327 resistance;
🎯 TP1: 2360;
🎯 TP2: 2400.

Smash ❤️ if you trade XAUUSD today!

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#TradeIdea

👉🗽🕛 US500 Outlook!

🌐 The US500 is navigating an ascending channel, currently testing its upper boundary and the crucial 5150 resistance level. The Golden Fibonacci ratio gives an extra layer of resistance.

🔼 Surpassing the 5150 resistance could trigger a climb to 5225;
🔽 However, a rejection at the upper boundary might cause a retreat to the 5090 support level.

😊 Do you agree with the FBS analysts? Let's discuss in the comments below👇

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#InstrumentoftheWeek

🔔 Instrument of the Week: GBPAUD!!! 🔔

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👉💵🇻🇦👈XBRUSD Outlook!

👁‍🗨 XBRUSD faced a crucial resistance at the 83.5 level aligned with the border of the descending channel. The MFI oscillator shows a hidden bearish divergence that potentially gives a bearish sentiment:

🔼 Breaking above the 83.5 resistance may pave the way to the 84.2 level;
🔽 Conversely, a rejection from the upper border will retreat the asset to 82.60

🤔 Which side are you on—bullish or bearish?

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