#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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👉💵🇻🇦👈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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👉🇻🇬🇻🇦👈GBPUSD Analysis!

💸 On the H4, GBPUSD formed a descending channel pattern in the short-term bearish trend. The price is squeezed between the upper trend line and the critical support, while the indicators do not give clear signals.

🔽 If the bears push the price below the support at 1.2850, the decline will be to 1.2815;
🔼 A breakdown of the trend line will open the way to 1.2900 and then to 1.2930;

Click 👍 if you agree with the FBS analysis!

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#calendar

🌟 Get Ready for an Action-Packed August! 🌟

📆 This month's economic calendar is heating up, promising significant volatility and potential market shifts. From FOMC statements to CPI data and employment reports, key events will keep traders on their toes 🎢

🔗 Check out the full schedule and prepare for the market moves ahead!

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#MarketNews

☀️ Happy Wednesday, dear traders! Today, July 31, we're bringing you the day's most thrilling news highlights:

🛢 The US Department of Energy announced yesterday that it will purchase an additional 4.65 million barrels of oil to replenish the Strategic Petroleum Reserve. XBRUSD rose to 79.50..

🥇Due to high prices, global demand for gold fell by 6% in Q2, while supply increased by 4%, according to the WGC. XAUUSD rose to 2420.

🇨🇳 Chinese President Xi Jinping calls for accelerated measures to boost domestic consumption, acknowledging "insufficient" internal demand amid slowing economic growth in China. HK50 rose to 17350.

📉 Warren Buffett continues selling Bank of America shares, having already offloaded $3 billion this month. BAC shares dropped to 41.27.

❌ Investors have reduced long and short positions, becoming more cautious ahead of the upcoming Fed meeting and key employment data releases this week. UsDollar dropped to 104.33.

📈 The Bank of Japan raised the interest rate to 0.25 points and announced a plan to reduce bond purchases in the second half of 2024. USDJPY dropped to 152.64.

✂️ According to Bloomberg, Powell may signal a Fed rate cut at today's meeting amid slowing labor market growth in the coming months.

💸 The total assets in all BTC ETFs have surpassed $50 billion since their launch in January 2024, making it the most successful debut in history. BTCUSD dropped to 66 428.

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

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👉🇪🇺🇻🇦👈EURUSD Outlook!

⚡️ EURUSD has reached the critical 50.0 Fibonacci support area within a short-term bearish trend. Despite the bearish market sentiment, DeMarker indicates a significant oversold condition.

🔽 If the price breaks the support level of 1.0810, it will fall to 1.0770;
🔼 A bounce off the support will start a minor correction towards 1.0840;

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

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👉🦅🕛Critical Moment for US100!

⚡️ On the H4 chart, the US100 tests a crucial resistance at the 19 100 level, coinciding with the golden Fibonacci ratio. The DeMarker oscillator has moved above the oversold zone, and if the Parabolic SAR starts pointing below the candle and rising, it will signal a strong bullish sentiment.

🔼 If the price breaches above the resistance of 19 100, the US100 will rise to 19 500;
🔽 Otherwise, a rebound from the golden Fibonacci ratio will start a decline toward 18 600.

❓ Do you buy or sell US100 today? Share in the comments⬇️

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👉🥇🇻🇦👈All Eyes on XAUUSD!

☄️ On the H4, XAUUSD, before the FOMC meeting, broke the trend line after a short-term drop and is testing critical resistance. On the Alligator indicator, the lips crossed the jaw, which signals to start rising. However, the %R indicates highly oversold.

🔼 If the bulls push the price above 2422, Gold will rise to 2440;
🔽 A bounce-off resistance will bring XAUUSD back up to 2397;

Hit 👍 if you sell XAUUSD. Click ❤️ if you buy it!

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👉🇪🇺🇻🇦👈EURUSD Update!

💡 DeMarker System Strategy Setup!

⚡️ On the H4, EURUSD is testing the upper border of a descending channel and faces a crucial resistance level at 1.0840. The 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 EURUSD on a breakout and consolidation above 1.0840;
🎯 TP1: 1.0870;
🎯 TP2: 1.0900.

Hit ❤️ if you're going to take it!

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