#MarketNews

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

📈 Chinese stocks closed at a 7-month high, while Hong Kong sees its longest rally since 2018. HK50 surged by 5.80%.

🌐 Goldman sees an increase in the number of companies coming out of the buyback, with more than 80% of SP500 companies already reporting. This rebound, a key driver of the US500's growth since 2011, takes the US500 to 5183.

🤖 Microsoft is developing a new proprietary AI model to rival Google and OpenAI. Following this announcement, Microsoft shares surged by 1.75%.

💰 Amazon announced plans to invest nearly $9 billion in expanding its cloud infrastructure in Singapore. Following this news, Amazon shares rose to 188.67.

🛥 Maersk anticipates a 15-20% drop in cargo shipments between Europe and Asia in Q2 due to Red Sea issues, with trade disruptions expected until end of 2024.

🍎 Apple is developing AI chips for data centers and is in talks with Rivian, an electric vehicle manufacturer, for a potential partnership, despite pausing the Apple Car project. Apple shares are currently trading at $181.71.

🔥 Natural gas consumption in the US reached a record high in 2023 at 89.1 billion cubic feet per day. Since 2018, gas demand has been increasing annually by an average of 4%, according to the US Department of Energy. XNGUSD trades at 2.314.

🛫 The US regulator has initiated a new investigation into Boeing following revelations that its employees may have overlooked several checks on Boeing 787 Dreamliner jets and falsified reports. #BA shares -1.51%

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

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👉🇪🇺🇻🇦👈EURUSD Update!

⚡️ The EURUSD pair, being in a long-term downward movement, has formed an expanding wedge pattern. The price has reached the upper trend line and is squeezed between two levels.

🔼 If the bulls push the price above 1.0790 and break the trend line, the growth will be to the target at 1.0860;
🔽 A fall below 1.0760 and MA200 support will lead EURUSD down to 1.0690;

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

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👉🥇🇻🇦🛸👈XAUUSD Alert!

🥇 On the H1, XAUUSD falls below the previous Williams fractal. The Lips line (yellow) of the William's Alligator indicator tends to cross the Jaws line (blue), signaling a bearish trend. Additionally, the momentum indicator dips below the 100 line, reinforcing the bearish sentiment.

🔽 Trade: Sell XAUUSD when the Lips line crosses below the Jaws line;
🎯 TP: 2290;

Smash 👍 if you trade XAUUSD today!

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👉🗽🕛All Eyes on the US500!

🌐 On the H4, the US500 has reached the upper trend line in a short-term bullish trend. Despite the strong bullish sentiment, the RSI shows a big overbought, so two scenarios are possible.

🔼 If the bulls push the price above the 5190 resistance, we can expect a rise to 5225;
🔽 A rebound from resistance and further fall will start a correction to 5150 support;

⁉️ Do you buy or sell US500 today? Share in the comments👇

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👉💡▶️⏩ XNGUSD Outlook!

🔥 XNGUSD currently faces the crucial 2.370 resistance zone aligned with the 38.2 Fibonacci ratio. The MFI indicator just breached below the overbought zone, which can potentially signal a bearish sentiment.

🔼 A breakout above the 2.370 resistance level will open the path toward the 2.900 resistance;
🔽 A corrective rebound will lead to a decline toward 2.050 support.

🤔 Do you support bulls or bears in this case?

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👉💵🇻🇦👈XBRUSD Outlook!

🕯 XBRUSD is eyeing the critical 82.40 support level, coinciding with the lower boundary of the descending channel. Notably, the MFI oscillator hints at a bullish divergence, signaling a potential shift in sentiment.

🔼 If XBRUSD bounces off the support, expect a push towards the 90.80 resistance level;
🔽 Conversely, a breakdown below 82.40 could lead to a dip towards 81.90.

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

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#Education

✍️Momentum Trading Strategy!

The combination of Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) indicators has emerged as a popular choice among many available techniques.

📝Strategy setups
🟢Instruments: any
🟢Indicators: Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD) with the default settings.
🟢Timeframe: H1 - H4
🟢Risk management rules: 2-5% as margin from the overall balance

🔻Rules for a long entry

✅ Spot a moment when the RSI is below 30, and the MACD signal line is above the histogram line.
✅ Wait until the RSI rises above 30 and the MACD signal line falls below the histogram line.
✅ Enter a buy trade.
✅ Set take profit at the resistance level or when a “sell signal” occurs.
✅ Set stop loss according to your risk-reward ratio (1:3 - 1:5 is recommended) or below the recent low.

🟧Short entry rules are fully inverted.

❗️ Combining MACD and RSI does not guarantee a 100% result like any other strategy. However, it is essential to follow the rules to improve the outcome.

❓Do you like this strategy? Share the one you use 👇

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#MarketNews

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

👀 JPMorgan suggests the US corporate default rate is less worrying for investors, with distressed debt exchanges indicating an actual default rate of around 3%.

🇩🇪 German industrial production fell 0.4% in March, marking the first decrease this year but performing better than economists' expectations of a 0.7% drop.

🇨🇳 The Economist: Chinese electric vehicle makers rapidly outperform Western competitors by launching new models at half the cost. However, a fierce price war in China threatens to curb this growth.

🍏 Apple unveiled updated iPad Pro and iPad Air models with advanced chips and features. They are available for preorder now and will go on sale next week. Apple (#APPLE) shares are up 0.38% today.

🚗 BMW's earnings declined in the first quarter due to higher manufacturing costs, although the company saw a 28% increase in EV sales and confirmed its full-year guidance. BMW (#BMW) stock is down 3.26% today.

🛢 Oil prices fell near their lowest level since mid-March, influenced by a mild increase in US stockpiles and ongoing tensions in the Middle East.

📉 BP has toned down its 2030 oil output reduction target to reassure investors about its profitability and energy transition strategy. BP (#BP) shares are down 3.79% today.

🔥 Amazon (#AMAZON) breaks into the European 5G market by moving one million Telefonica Germany customers to its AWS cloud platform. Amazon shares are up slightly by 0.03%.

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

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👉🇪🇺🇻🇦🛸👈EURUSD Alert!

💸 On the H4, EURUSD, which is in a long-term bearish trend, reached the upper trend line and bounced. The price fell below MA200, which may signal a continuation of the decline if it breaks below an important support level.

🔽 Trade: Sell EURUSD on a breakout below 0.0740;
🏹 TP: 1.0650;

Smash 👍 if you trade EURUSD today!

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👉🇻🇬🇻🇦👈GBPUSD Outlook!

💸 On the H4 chart, GBPUSD aims for a critical support level of 1.2480, which aligns with the 38.2 Fibonacci ratio. The MA100 is also offering crucial support.

🔼 A bounce off the 1.2480 support could send the pair soaring towards 1.2610 ;
🔽 Conversely, breaching the support might trigger a descent to 1.2330.

Smash ❤️ if you trade GBPUSD today!

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👉🥇🇻🇦👈All Eyes on XAUUSD!

☄️ On the H2, XAUUSD formed a symmetrical triangle pattern despite the high volatility. Since indicators do not give clear signals, and there is no clear trend in the short term, two scenarios can be considered.

🔼 If the price overcomes the resistance of 2322 and breaks the upper trend line, we can expect a rise to 2345;
🔽 A fall below the support at 2304 and a break of the lower trend line will drop the Gold to the support at 2280;

Hit 👍 if you're buying Gold. Click ❤️ if you sell XAUUSD!

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👉💡▶️⏩XTIUSD is ready to fly!

💡 Good opportunity to trade Counter-Trend Impulse Strategy.

🔥 XTIUSD rebounded from the 77.00 support level. Price went beyond the lower Bollinger band and started a pullback, with RSI crossing its lower boundary upwards from the oversold zone.

🔼 Trade: Buy XTIUSD on a breakout above 77.70;
🎯 TP: 78.80.

❓ Do you trade XTIUSD today? Write in the comments.👇

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👉💡▶️⏩ETHUSD is bullish!

💡 The DeMarker setup is on the chart!

🟢 ETHUSD breached above the 3012 resistance level. Parabolic SAR pointed below the candle and started rising, while the DeMarker oscillator breached above the oversold zone, giving us a bullish sentiment.

🔼 Trade: Buy ETHUSD;
🎯 TP: 3090.

Smash 👍 if you agree with the FBS analysts!

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#MarketNews

☀️ Happy Thursday, dear traders! GBP volatility is expected to increase today. Let’s discuss other exciting news:

🇬🇧Investors are waiting for the British pound to fall. Pound shorting hits a 16-month high as investors believe UK borrowing costs will fall faster than the US.

🛢Rumors surrounding OPEC are pushing oil prices down. From July, members of the organization will gradually increase production, rumors say. Meanwhile, XBRUSD gained 0.69% yesterday.

🚀Virgin Galactic in Q1 increased revenue by five times and reduced its net loss by 1.5 times. But as always, something went wrong with the stock losing around 13% at the moment yesterday.  

🇨🇳Shorts in Chinese stocks are growing rapidly: short interest in the Chinese blue-chip ETF has risen to historically extreme levels - at such levels the rally in Chinese stocks has typically continued. HK50 gained 1% today.

🚘US prosecutors are investigating whether Tesla committed securities or wire fraud by misleading investors and consumers. The stock lost around 2% yesterday.

What are your trading plans for today? Let's share ideas in the comments 👇

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👉🥇🇻🇦👈Key moment for XAUUSD!

The price has formed a symmetrical triangle.
 
🔼A breakout above the upper border and 2330.00 will open the path to 2348.00 and 2360.00;
🔽A decline below the triangle’s lower border will send XAUUSD toward the 2270.00 - 2283.00 support range. 

🤔Guys, are you bullish or bearish on XAUUSD today?

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👉🇪🇺🇻🇦👈The price may go higher!

EURUSD is approaching the resistance trendline.

🔼Traders may consider buying the pair when the price overcomes this trendline;
🎯TP: 1.0804.

🧐Do you agree?

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#MarketNews

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

🇬🇧 Bank of England Governor hints at possible rate cuts and easing quantitative measures due to economic concerns. UK100 rose to 8411.

💸 Crypto trading volume, including spot and derivatives, saw a significant 43.8% decline in April, marking the first monthly decrease in seven months, according to CCData. Despite this, BTCUSD rose to 62845.

🍎 Apple is set to enhance its AI capabilities with in-house server chips later this year, reports BBG. This news coincided with a rise in APPLE stock to 184.63.

✂️ Switzerland and Sweden are among the first developed countries to start lowering interest rates, according to RTRS.

🇨🇳 Chinese stocks are showing signs of a prolonged rally. The rise in Hong Kong stocks continues as regulators consider cancelling the dividend tax, BBG reported. The HK50 rose to 18960.

🛢 OPEC will no longer publish forecasts for demand for its own oil due to shifts in its joint policy with OPEC+ partners regarding oil supply to the global market. In response, XBRUSD rose to 84.20.

🚫 European companies express negative attitudes towards doing business in China, according to a survey. The results, reported by Reuters and the Financial Times, are based on responses from 529 companies.

⚠️ Analysts at Deutsche Bank have questioned Tether's solvency and warned of potential instability among stablecoins, fearing a breakaway from their pegs.

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

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👉🇪🇺🇻🇦👈EURUSD Outlook!

⚡️On the H4 chart, EURUSD navigates within an inverted wedge, facing the global trendline and 1.0780 resistance. 50-MA crossed the 200-MA and aims to cross 100-MA, giving an extra bullish sentiment.

🔼 If the price breaks above 1.0780, it may target the 1.0860 level;
🔽 Conversely, a failure to breach the resistance could trigger a correction towards 1.0730.

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

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