#TradeIdea

👉🇻🇦🇯🇵👈Critical moment for USDJPY!

💸 On the H4, USDJPY, in a long-term uptrend, has broken the trend line, but the price is holding near it and has reached an important resistance area.

🔼 A rise above the 158.000 resistance will open the way for a surge to 159.600;
🔽 Another bounce from the resistance will drop USDJPY to 156.500, corresponding to 61.8 Fibonacci;

Click ❤️ if you sell USDJPY. Click 🔥 if you buy!

➡️ TRADE WITH FBS
@fbsanalytics

#MarketNews

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

⚡️ France's political turmoil echoes the euro crisis, but with France's deficit at 5.5% of GDP and ECB's more robust tools, "Frexit" fears are overblown.

🇯🇵 Bank of Japan Governor Kazuo Ueda kept the possibility of a July rate hike open despite market skepticism and the bank's upcoming bond purchase reduction.

🇦🇺 The RBA kept the cash rate unchanged at 4.35% as expected, citing easing inflation and labor market conditions but maintaining a cautious outlook on inflation targets.

🔥 Shell will acquire Pavilion Energy from Temasek by Q1 2025, enhancing its leading LNG position with Pavilion's 6.5 million tons per year portfolio. Shares of Shell (#RDSB) are down 0.42%

🛢 Oil prices edged, with Brent slipping to $84.12 per barrel, amid cautious demand outlook, higher global crude inventories, and slower demand growth in China.

📈 The S&P 500 hit its 30th record of 2024 at 5,470 as mega-cap stocks rallied, driven by optimism over economic resilience and anticipation of retail sales data and Fed speeches.

👟 Adidas is investigating compliance violations in China after an anonymous letter alleged corruption among employees, involving kickbacks and misuse of the marketing budget. Adidas (#ADS) stock is down 2.58%

💬 Elon Musk plans to grant stock options to Tesla's high-performing employees as the company reviews compensation amidst a 25% share slump in 2024 and increasing competition. Tesla (#TESLA) shares surged 5.30%.

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

➡️ TRADE WITH FBS
@fbsanalytics

#TradeIdea

👉🥇🇻🇦👈XAUUSD Key Moment!

☄️ On the H2, XAUUSD formed a symmetrical triangle pattern. The price fell to the 23.6 Fibonacci support and the lower trend line, creating two scenarios.

🔽 If Gold breaks the lower trendline and falls below 2310, the drop will be to 2290;
🔼 Otherwise, a bounce-off support will send XAUUSD up to the upper trendline to 2330;

Hit 👍 if you sell XAUUSD. Click ❤️ if you buy Gold! Let's see who wins!

➡️ TRADE WITH FBS
@fbsanalytics

#TradeIdea

👉🇻🇦🇨🇭🛸👈USDCHF Goes Down!

📉 On the H4, USDCHF formed a descending triangle pattern, and the price broke the critical support at 0.8890. Given the overall bearish sentiment and pattern, we can expect a further drop to 161.8 Fibonacci.

🔽 Trade: Sell USDCHF;
🎯 TP: 0.8810;

Smash 👍 if you trade USDCHF today!

➡️ TRADE WITH FBS
@fbsanalytics

#TradeIdea

👉💡▶️⏩BTCUSD Update!

💰 On the H4, BTCUSD formed a descending channel in a short-term decline. The price fell to the support area, which was the high of 2021, so we need to consider two possible scenarios.

🔽 A break below support at 65,000 Bitcoin will drop down to 63,000;
🔼 A rebound from support will bring the price back up to the upper trendline of 67,000;

Hit ❤️ if you trade cryptocurrency today!!!

➡️ TRADE WITH FBS
@fbsanalytics

#TradeIdea

👉🇪🇺🇻🇦🚀👈EURUSD: DeMarker Strategy!

⚡️ On the H4, EURUSD formed a descending channel in a bearish trend. After bouncing off the trendline, EURUSD rose, and the DeMarker rose above 0.300. Parabolic SAR also signals the possibility of a short-term rise to the upper trendline.

🔼 Trade: Buy EURUSD on a breakout above 1.0740;
🎯 TP: 1.0780;

Click 👍 if you agree with FBS analysis!

➡️ TRADE WITH FBS
@fbsanalytics

#MarketNews

☀️ Happy Wednesday, dear traders! Today, June 19, we're bringing you the day's most thrilling news highlights:

☄️ The European Union is poised to rebuke France for not adhering to fiscal rules, which could intensify political challenges as legislative elections approach.

🇬🇧 UK inflation has reached the Bank of England's target of 2% for the first time in nearly three years, paving the way for potential interest rate cuts.

🇯🇵 Japan's exports rose 13.5% in May, the highest since 2022, boosted by autos and chip equipment amid a weaker yen.

🇨🇳 China's central bank may soon start trading in the bond market. Persistent rallies have pushed yields below the critical 2.5% level, indicating potential intervention to stabilize financial markets.

⚡️ Vodafone Group Plc sold approximately 18% of its stake in Indus Towers through exchange block deals for about $1.8 billion. Vodafone (#VOD) shares are up 0.56%.

📈 Since its IPO, Nvidia's historic 591,078% rally has led it to surpass Microsoft in market value, becoming the most valuable company globally. Nvidia (#NVIDIA) stock is up 3.51%.

🇨🇭This week, the Swiss National Bank faces a tense decision on whether to cut interest rates from 1.5% or maintain them amid 1.4% inflation and market volatility.

🇮🇳 JPMorgan Chase's inclusion of Indian government bonds in its primary index is expected to funnel $40 billion into the market as global institutions adjust their investment portfolios.

⛽️ The tightening UK gas market may trigger an "inflationary sting" as Europe's gas storage levels, currently at 73%, need replenishing in the next two months to prevent higher energy prices before winter.

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

➡️ TRADE WITH FBS
@fbsanalytics

#TradeIdea

👉🥇🇻🇦🚀👈XAUUSD Rises!

☄️ XAUUSD formed a symmetrical triangle pattern, and the price broke the upper trend line and MA200. Momentum also rose above 100.0, which may signal the beginning of a short-term bullish trend.

🔼 Trade: Buy XAUUSD on a breakout above 2335;
🎯 TP: 2350;

Hit ❤️ if you buy XAUUSD today!

➡️ TRADE WITH FBS
@fbsanalytics

#TradeIdea

👉💵🇻🇦👈XBRUSD Outlook!

🔥 XBRUSD broke above the trend line, starting a short-term bullish trend. The price has reached an important resistance area, and despite the start of the rise, the %R indicates a strong overbought condition.

🔼 If XBRUSD breaks above 84.60, the bullish trend will continue to 87.00;
🔽 If the price bounces off the resistance, Brent will correct to 81.70;

🐈 Which side are you on—bullish or bearish?

➡️ TRADE WITH FBS
@fbsanalytics

#TradeIdea

👉🇻🇬🇻🇦👈GBPUSD Update!

💸 On the H4, GBPUSD rose again in a long-term uptrend after the correction. The price reached an important resistance area of 23.6 Fibonacci, even though the overall bullish sentiment %R indicates it is highly overbought.

🔼 A rise above 1.2730 and MA50 resistance will open the way to 1.2800;
🔽 A rebound from resistance will drop GBPUSD back to 1.2650 support;

Click on 🔥 if you buy GBPUSD. Hit ❤️ if you sell!

➡️ TRADE WITH FBS
@fbsanalytics

#TradeIdea

👉💡▶️⏩ETHUSD Analysis!

🔔 On the H4, ETHUSD is moving in a descending channel pattern. However, it bounced off support, and the price reached the upper trend line. The RSI shows divergence, which requires considering two options.

🔼 If the price breaks the upper trendline above 3550, the upside will be up to 3700;
🔽 Otherwise, a bounce will send Ethereum down to 3400 again;

🤔 Are you with bulls or bears in this case? Share your thoughts in the comments.👇

➡️ TRADE WITH FBS
@fbsanalytics

#MarketNews

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

⚡️ China is preparing to retaliate against the European Union's proposed tariffs on electric cars by targeting European exports like brandy, pork, and vehicles, particularly affecting France, Spain, and Germany.

☄️ Over 80% of central banks expect to increase global gold reserves next year amid rising dollar pessimism, with nearly 30% planning to add to their own reserves, including 13% from advanced economies.

🇨🇳 Chinese banks kept the one-year prime rate at 3.45% and the five-year prime rate at 3.95% for the 10th consecutive month, following the PBOC's cautious stance amid pressure on the yuan.

🚗 European car sales dropped 2.6% in May as buyers delayed purchasing expensive EVs amid high interest rates.

🇬🇧 The Bank of England is expected to delay rate cuts until November due to high inflation and the upcoming election, keeping the rate at a 16-year high of 5.25%.

🇳🇿 New Zealand's economy exited recession with a 0.2% GDP gain in the first quarter, though per-capita GDP declined for the sixth consecutive quarter.

💰 Australia's leading stock exchange launched its first Bitcoin ETF, the VanEck Bitcoin ETF, with A$990,000 in assets, following a surge in investor interest in cryptocurrency markets.

🛢 Brent oil prices remained stable as the market weighed the Middle East geopolitical tensions and awaited US inventory data showing a 2.264 million barrel rise in crude stocks.

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

➡️ TRADE WITH FBS
@fbsanalytics

#TradeIdea

👉🇻🇦🇨🇭👈USDCHF Update!

🇨🇭USDCHF formed a descending wedge pattern during the long-term decline. After the key SNB rate was published, the price reached the upper trend line and Momentum rose above 100.0, but the bearish sentiment is still strong.

🔼 If the price breaks the trend line and resistance at 0.8890, it will rise to 0.8960 and 0.8990;
🔽 A rebound from the trend line will lead USDCHF down to 0.8830 support;

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

➡️ TRADE WITH FBS
@fbsanalytics

#TradeIdea

👉💡▶️⏩XAGUSD Outlook!

🥈 On the H4, XAGUSD formed a descending channel pattern. The price reached the upper trend line, testing the resistance area. Despite the solid bullish sentiment, the %R indicates overbought.

🔼 If Silver breaks the upper trend line and resistance at 30.500, a bullish trend to 31.500 will start;
🔽 A rebound would bring XAGUSD back to 29.400 and then to 29.000;

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

➡️ TRADE WITH FBS
@fbsanalytics

#TradeIdea

👉🇻🇬🇻🇦👈GBPUSD Technical Analysis!

💸 On the H2, GBPUSD formed a descending triangle pattern after a long-term rise. Although the pattern is a classic bearish, and MA200 and MA50 also indicate bearish sentiment, DeMarker has dropped to a critical low.

🔽 If the price falls below 1.2670, a bearish scenario of 1.2610 corresponding to 161.8 Fibonacci will start;
🔼 A break of the trend line and a rise above 1.2690 will open the way to 1.2740;

Click on 👍 if you buy GBPUSD. Hit ❤️ if you sell!

➡️ TRADE WITH FBS
@fbsanalytics