#MarketNews

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

☄️ Federal Reserve Chair Jerome Powell stated that recent economic data has increased confidence that inflation will reach the 2% target, potentially allowing interest rate cuts soon.

🥇 Gold edged closer to a record high, trading just below $2,430 per ounce, as traders bet on three US Federal Reserve interest rate cuts this year.

🇳🇿 New Zealand's slowing inflation, with a Q2 annual rate of 3.4%, below the central bank's 3.6% forecast, may prompt the Reserve Bank to consider interest rate cuts soon. NZDUSD is currently trading at 0.6057.

🇨🇳 China's central bank injected 674 billion yuan ($93 billion) into the banking system, the most since January, to ensure liquidity amid tax payments and heightened focus on policy rates during the Third Plenum.

⛽️ This summer's heatwave has pushed Asia's LNG prices, the highest since December 2023 and 1.5 times higher than early March.

🇯🇵 Japan reiterated its readiness to counter excessive yen volatility, warning against sharp falls after suspected interventions totaling 3.57 trillion yen ($22.51 billion) briefly boosted the yen by 3% to 157.40 per dollar.

✂️ Salesforce cut 300 jobs to streamline operations, reflecting the tech industry's ongoing cost-control measures, including recent layoffs at Intuit, UiPath, and Open Text. #CRM shares fell 0.44%

🚗 GM cut its EV production target from 1 million next year, citing capacity issues and slowed demand; Q2 US EV deliveries were flat, up 11% from Q1. #GM stock is up 0.59%.

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

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👉💵🇻🇦🛸👈XBRUSD is falling!

🔥 XBRUSD formed a head-and-shoulders pattern, and the price broke the neckline. Momentum has fallen below 100.0, and a sell below MA200 can be considered.

🔽 Trade: Sell XBRUSD on a breakout below 83.40;
🎯 TP: 82.50;

Smash ❤️ if you trade XBRUSD!

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👉🇪🇺🇻🇦👈EURUSD Outlook!

💸 EURUSD is testing the crucial 1.0890 support zone. The 100-MA crossing above the 200-MA indicates bullish sentiment, but the Momentum indicator aiming to cross below the 100 line suggests a potential bearish signal.

🔼 If the price rebounds from 1.0890, it may propel the asset to 1.0950.
🔽 However, if EURUSD breaches below the support, it could fall to 1.0840.

Click ❤️ if you buy EURUSD. Hit 👍 if you sell!

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👉🇻🇬🇻🇦👈GBPUSD Technical Analysis!

⚡️ On the H4, GBPUSD faces a crucial support level at 1.2950, aligned with the 138.2 Fibonacci ratio. The RSI and MFI oscillators surpass the overbought zones, potentially indicating a bearish momentum.

🔼 If the price rebounds from the 1.2950 support, it may propel the asset to 1.3010;
🔽 However, if GBPUSD breaches below the 138.2 Fibonacci, it may trigger a decline to 1.2910.

Click 👍 if you agree with the FBS analysis!

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👉🥇🇻🇦🛸👈XAUUSD: Short-term Analysis!

💡 Excellent opportunity to trade Counter-Trend Impulse Strategy!

🥇 XAUUSD is testing the 2432 support level. The price exceeded the upper Bollinger Band and subsequently retraced. The RSI has crossed downwards from the overbought zone, indicating potential selling pressure

🔽 Trade: Sell XAUUSD on a break below 2432;
🎯 TP: 2418.

Smash 👍 if you trade XAUUSD today!

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#MarketNews

☀️ Happy Wednesday, dear traders! Today, July 17, we're bringing you the day's most thrilling news highlights:

🥇 Gold edged closer to an all-time high as expectations for Federal Reserve rate cuts grow, and traders bet on a second Trump presidency. XAUUSD rose to 2463.

🔥 The IEA has raised its forecast for global gas demand growth in 2024. World gas demand is expected to increase by 2.5% next year. XNGUSD trades at 2.197.

🇨🇳 Global investment banks have downgraded China's GDP forecasts for 2024. Many experts doubt Beijing can achieve the 5% GDP growth target next year. HK50 has fallen to 17 723.

🇨🇦 After the inflation report, markets are pricing in a 90% probability of a Bank of Canada rate cut in July, according to BBG. USDCAD rose to 1.3681.

⚙️ The Nasdaq 100 is not rushing to reach its all-time high, as Goldman reports strong tech stock sales by hedge funds. US100 has dropped to 20 268.

🇯🇵 The Bank of Japan continues interventions at current yen levels, warning of further action against yen weakening. USDJPY falls to 157.93.

🇬🇧 UK inflation remains at the Bank of England's 2% target for the second consecutive month, according to Bloomberg. GBPUSD rose to 1.2988.

👊 Global fund managers now view "geopolitics" as the top market risk, with "inflation" falling to second place, according to BofA's July survey. The US Dollar dropped to 104.06.

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

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👉🇪🇺🇻🇦👈EURUSD Key Moment!

💸 EURUSD navigates within an ascending channel and faces a crucial 1.0910 resistance. The momentum oscillator crosses the 100 line upwards, potentially indicating bullish sentiment.

🔼 If the bulls push the price above the 1.0910 level, the growth will go up to 1.0950;
🔽 However, a breach below the trendline will trigger a decline to 1.0870.

Smash ❤️ if you agree with the analysis!

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👉🥇🇻🇦👈XAUUSD Update!

☄️ On the H4, the XAUUSD XAUUSD rose above ATH and bounced off the trendline, consolidating near the Fibonacci 261.8 support level. Despite the bullish sentiment, the RSI indicates significant overbought, making it necessary to consider two scenarios.

🔽 If the price falls below the 2465 support level, a correction to the 2420 level will begin;
🔼 However, if gold bounces off the support, it will rise to the 2510 level, corresponding to 361.8 Fibonacci;

Hit 👍 if you're bullish. Click ❤️ if you're bearish!

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👉🇻🇬🇻🇦👈All Eyes on GBPUSD!

💸 On the H2, GBPUSD moves within an expanding channel and tests the 1.3040 resistance level, aligned with the 123.6 Fibonacci ratio. The RSI oscillator indicates overbought conditions, potentially indicating a bearish sentiment.

🔼 If the bulls push the price above 1.3040, the target will be 1.3120;
🔽 However, if GBPUSD bounces off the resistances, it will fall to 1.2900.

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

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👉🇦🇺🇻🇦👈AUDUSD: Outlook!

🔥 On the H4, AUDUSD has formed an ascending channel pattern in a short-term bullish trend. Price has fallen to the lower trendline and is consolidating near the critical support area, which creates two possible scenarios.

🔽 If the price breaks the trend line below 0.6740, the fall will be to 1.6700;
🔼 A rebound from the trend line will bring AUDUSD back to 0.6790 resistance;

❓ Do you buy or sell AUDUSD? Write in the comments⬇️

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#MarketNews

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

⚡️ Economists see Donald Trump's anti-inflation plan, which includes a 15% corporate tax rate, 10-60% tariffs, and immigration curbs, as potentially worsening inflation.

🇪🇺 The European Central Bank is expected to keep interest rates unchanged at 3.75% on Thursday, awaiting further data before considering another rate cut in September.

🇬🇧 UK wage growth fell below 6% for the first time in 20 months, indicating a weakening labor market as the Bank of England considers cutting interest rates.

☄️ Gold prices reached record highs, helped by expectations of lower interest rates in the US and demand for a haven amid deteriorating trade relations between the US and China.

💬 Novartis raised its 2024 profit forecast due to strong demand for its new blockbuster drugs. It expects core operating income to grow in the mid-to-high teens, with second-quarter core earnings per share rising to $1.97. #NVS stock is up 0.16%.

📈 TSMC raised its full-year revenue growth forecast above the previous mid-20% maximum, projecting up to $23.2 billion this quarter after a 36% rise in quarterly net income driven by the AI boom. Shares of #TSM fell 2.43%.

✈️ United Airlines forecast adjusted earnings to $3.25 per share in the current quarter, below analysts' expectations. The company plans to cut domestic capacity by 3%. Shares of #UAL are trading at 46.94.

⚫️ Blackstone Inc. is upping its commercial mortgage bond offering size to $2.95 billion, from an initial $2 billion, to fund part of its $10 billion acquisition of AIR Communities. #BX stock is down 1.58%.

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

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👉💵🇻🇦👈XBRUSD May Rise!

⚡️ XBRUSD has breached the upper border of a descending channel and is targeting the 85.20 resistance level. The Momentum oscillator crossing the 100-line upwards indicates a potential bullish sentiment.

🔼 Trade: Buy XBRUSD on a breakout above 85.20;
🎯 TP: 87.20.

Smash 👍 if you trade XBRUSD today!

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👉🥇🇻🇦👈XAUUSD Short-term Analysis!

⚡️ On the M30, XAUUSD, after updating the all-time high, has slightly retraced to the trend line. The price has reached a critical support level and is testing MA50, so two options are possible.

🔽 If XAUUSD declines below the 2465 support, and falling under the trend line and the nearest fractal, it will drop to 2452;
🔼 Otherwise, a rebound will bring Gold back to 2380;

Smash ❤️ if you trade XAUUSD today!

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👉🇻🇬🇻🇦👈All Eyes on GBPUSD!

💡 Williams’ Strategy setup!

💸 On the H1, GBPUSD faces the 1.2980 support level. The MACD oscillator crosses the 0 line down, William’s Lips line (yellow) breaks the Jaws (blue) line down, and the price aims to break below the nearest lower Fractal resistance, indicating a bearish momentum.

🔼 If the price fails to break below the 1.2980 support, it will propel to 1.3040;
🔽 Breaking below the support and the lower Fractal will signal a decline to 1.2940 and even 1.2900.

Smash ❤️ if you trade GBPUSD today!

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👉💡▶️⏩BTCUSD Outlook!

💸 On the H4, BTCUSD started to rise after a substantial fall and is consolidating near 61.8 Fibonacci. Despite the solid bullish sentiment, a divergence has formed in the RSI, so it is necessary to consider two scenarios.

🔼 If the bulls push the price above 65,000, then 67,300 and further to 70,000 could be targeted;
🔽 However, in case of a bounce, a correction to the support of 62,700 will start;

Smash 👍 if you trade Cryptocurrencies!

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