#MarketNews

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

☄️ Investors are rotating from AI giants to less obvious stocks, boosting shares of utilities and property firms by 35% this quarter. AI-related trades are expanding beyond tech and communications, which have risen over 14% year-to-date.

🇺🇸 The US economy grew at a solid 2.8% annual pace in the second quarter, driven by a 2.3% increase in consumer spending and a significant inventory buildup.

📉 The "Magnificent Seven" megacap tech stocks saw their worst drop since ChatGPT launched, with $1.7 trillion in value erased in two weeks.

🇬🇧 Cooling service prices give the Bank of England a positive signal for potential rate cuts on August 1, with investors betting on a 45% chance of a move.

🇨🇳 The People's Bank of China unexpectedly cut its one-year policy rate by 20 basis points to 2.3%, the most significant reduction since 2020, signaling increased support for the slowing economy. HK50 rose 0.19%.

🇯🇵 Yen volatility is surging due to the summer holidays, with bid-ask spreads widening to 0.8% and $1.2 billion in yen shorts unwinding amid Bank of Japan policy uncertainty. USDJPY is trading at 153.76.

🤖 JPMorgan Chase & Co. has launched LLM Suite, an AI tool for asset and wealth management employees, with Citigroup estimating AI could add $170 billion to banking by 2028. Shares of #JPM are up by 208.67.

🍎 iPhone fell out of China's top five smartphone makers in the June quarter as local rivals surged. iPhone shipments dropped 3.1%, while Android competitors saw an 11% rise. #APPLE stock is down 0.48%.

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

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👉🇻🇦🇨🇭🚀👈USDCHF May Rise!

🔥 On the H4, USDCHF is in a long-term bearish trend, but after a substantial drop, the price is approaching an important resistance area. RSI crossed upwards to 30.0, and Parabolic SAR indicates the possibility of a rise to the trend line.

🔼 Trade: Buy USDCHF on a breakout above 0.8830;
🎯 TP: 0.8890;

Smash 👍 if you trade USDCHF today!

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👉💵🇻🇦👈XBRUSD Outlook!

⚡️ On the H4, XBRUSD is consolidating near the critical 61.8 Fibonacci support in a global downtrend. Despite the highly bearish sentiment, the MACD indicates a possible upside.

🔽 If the price falls below the 80.90 support, it will retrace to 79.40;
🔼 A rebound from support would open the way for Brent to rise to 82.80 and then to 83.50;

🤔 Which side are you on—bullish or bearish?

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👉🇻🇬🇻🇦👈All Eyes on GBPUSD!

💸 On the H4, GBPUSD moves within an ascending channel and tests the 1.2860 support level. The MFI oscillator shows a bullish divergence with the asset, potentially indicating a bullish sentiment.

🔼 If the price rebounds off the 1.2860, the target will be 1.2990 resistance;
🔽 However, if bears push the price below the support, it will fall to 1.2790.

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

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#networking

🎉 Happy Friday, Traders! 🎉

🎬 Kick Off Your Weekend with Insightful Viewing: "Money for Nothing: Inside the Federal Reserve" (2013)!

🔍Discover the secretive workings of the US Federal Reserve, revealing its profound impact on the economy and policy-making through in-depth interviews and expert analyses.

💡 Why Watch:

🔴 Understand the Fed's influence on economic policy;
🔴 Hear from insiders about the challenges of central banking;
🔴 Question the effects of the Fed's decisions on financial stability;

💸 A must-watch for those interested in economic dynamics and financial markets!

👀 Settle in this weekend for a revealing exploration of the Federal Reserve!

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#quote

💡 Valuable advice from renowned economist and professional investor Charles Thomas Munger can help you discipline your approach to investing.

📈 Share your best trading or investment advice in the comments below!

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#calendar

⭐️ This week promises to be volatile for 🇺🇸USD and 🇬🇧GBP with significant FOMC and BOE meetings, and the US NFP release! Stay tuned for crucial updates that could impact the markets!

❓ What are your expectations for this trading week? Share in the comments below! 👇

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#MarketNews

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

💸Former President Trump proposed creating a national strategic reserve for BTC and never selling the Bitcoin already held by the government. BTCUSD rises to 69675.

💲 Fed Chair Powell might hint at an upcoming rate cut this week due to the slowing labor market growth. The UsDollar is currently trading at 104.20.

⚙️ The Nasdaq 100 has corrected 8% from its July peak due to the upcoming FOMC meeting and earnings reports from Microsoft, Meta, Apple, and Amazon. US100 trades at 19156.

📈 According to Bloomberg, despite data showing a decrease in inflation, long-term inflation expectations in the US are rising at record rates.

🥇 Crescat expects gold to rise significantly if US bond yields start to decline. Historically, Fed rate cut cycles have made gold more attractive. XAUUSD rises to 23904.

🛍 Alibaba shares in Hong Kong trading saw their most substantial daily gain in two months. The company unveiled a plan to increase seller commission revenue, and the stock rose to 76.55.

🎢 The stock market is at its most volatile in months ahead of Wall Street's busiest week of the summer. US500 rises to 5493.

🇯🇵 Japanese stocks are rebounding, leading gains in Asia as traders assess US inflation data and await the Bank of Japan meeting. JP225 rises to 38414.

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

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👉🇪🇺🇻🇦🛸👈EURUSD May Drop!

⚡️ On the H1, EURUSD formed an ascending wedge in a short-term downtrend, a classic bearish pattern. The price broke the lower trend line, and Momentum crossed 100.0, which makes it possible to expect further declines on a break below MA100.

🔽 Trade: Sell EURUSD;
🎯 TP: 1.0830;

Hit ❤️ if you're going to take it!

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👉🥇🇻🇦👈XAUUSD Update!

⚡️ On the H2 timeframe, XAUUSD navigates within a descending channel and faces the 2390 support level. The MFI oscillator shows a bearish hidden divergence with the asset, giving a potential bearish sentiment for the gold.

🔼 If gold rebounds from the 2390 support, the target will be 2420 resistance;
🔽 if the price breaches below the support, it may retreat to the 2360 level.

Hit 👍 if you trade XAUUSD today!

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👉🗽🕛US500 Update!

🌐 On H4, the US500 navigates within an expanding channel and faces the crucial 5500 resistance, aligned with the 38.2 Fibonacci ratio. The RSI crosses the 50-line up, potentially indicating a bullish momentum.

🔼 If the price rises above the resistance of 5500, it will rush to the 5650 level;
🔽 However, if a correction occurs, US500 will decline to a target of 5370.

❓Do you expect the US500 to rise or fall? Write in the comments⬇️

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#LiveStreamAlert

🚨 Attention, Traders! 🚨

📺 Join us for the Weekly Market Stream with Adetola Freeman today!

🗓 Date: 29.07.2024
🕒 Time: 16:00 (GMT+3)

🔗 Link: https://www.youtube.com/watch?v=wgSFabBzTqQ&ab_channel=FBSAnalytics%26Education

👀 Discover expert insights and detailed market analysis for this week. Don't miss out! Equip yourself with actionable strategies to stay ahead!

🔥 See you there 🔥

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🟢 On the Air! 🟢

📈 Adetola Freeman is live, sharing expert trading insights and real-time market strategies!

➡️ Join the stream here: https://www.youtube.com/watch?v=wgSFabBzTqQ&ab_channel=FBSAnalytics%26Education

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#TradeIdea

👉💵🇻🇦👈XBRUSD: Long-term Analysis!

🔥 In the Weekly timeframe, XBRUSD formed a symmetrical triangle pattern in the sideways amid geopolitical tensions. The price has reached the lower trend line, testing the critical support, which creates two possible scenarios.

🔽 If the bears push the price below the trend line at 79.40, XBRUSD will go down to 72.00;
🔼 A rebound will bring Brent back up to the upper trend line of 87.80;

Hit 👍 if you buy XBRUSD! Click ❤️ if you sell! Write your opinions in the comments👇

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#MarketNews

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

☄️ The US Treasury Department reported that the national debt has exceeded $35 trillion for the first time in history.

🇫🇷 France's GDP grew by 0.3% in the second quarter, surpassing forecasts and showing economic resilience ahead of President Macron's snap election.

🇯🇵 Bank of Japan Governor Kazuo Ueda is expected to cut bond purchases by 50% within two years and may raise interest rates, decisions poised to shake global markets.

🥇 Rich Asian investors buying gold bars contributed to demand of 1,258.2 metric tons in the second quarter, marking a 4% year-on-year increase and the strongest in over 25 years.

🌐 The S&P 500 increased by 0.1%, with investors closely watching upcoming earnings from tech giants like Microsoft, Meta, Amazon, and Apple.

🛢BP surpassed second-quarter profit expectations with a net profit of $2.8 billion and raised its dividend by 10%, signaling robust financial health despite challenges in refining margins. #BP shares are up 1.53%.

🍎 Apple trained its AI models for the Apple Intelligence system on Google's custom chips, highlighting a move from Nvidia's GPUs in AI development. #APPLE stock is trading at 218.24.

🍷 Diageo reported a 4.8% drop in annual profit, falling short of the expected 4.5% decrease. This was primarily due to a significant 21.1% sales decline in Latin America and the Caribbean. #DGE fell 0.65%.

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

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👉💡▶️⏩BTCUSD is Ready to Rise!

💸 On the H4, BTCUSD, in a short-term bullish trend, fell to the trend line after a minor correction. The price bounced off the trend line and the lower Bollinger line. Williams %R came out of the oversold zone, which can also signal the beginning of growth.

🔼 Trade: Buy BTCUSD on a breakout above 67,000;
🎯 TP: 70 000;

Hit ❤️ if you trade cryptocurrency today!!!

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👉🇪🇺🇻🇦👈EURUSD Analysis!

💸 On the H4, EURUSD has breached below the head-and-shoulders neckline and is currently facing support at 1.0820. The MFI oscillator shows a bullish divergence, suggesting a bullish sentiment for the asset.

🔼 If the price rebounds from the 1.0820 support, it could rise to 1.0870;
🔽 Conversely, a break below 1.0820 might decrease the asset to 1.0770.

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

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