☄️ EURUSD may reverse soon due to the sizeable oversold condition, which DeMarker and %R confirm! The price broke through MA200, although the chart clearly shows critical support and trending support.

The ECB plans to cut the rate today, which actively lowers the price, so it is essential to be ready!

🔼 Trade: Buy EURUSD on a possible bounce from support
🎯 TP: 1.0940;

Do you buy or sell EURUSD? What do you see as your target?

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🚀 XAGUSD will rise in short-term perspective! Keep a chance, because on the 30M timeframe, the price breached above the bullish flag and faces the 31.85 resistance.

The MACD and Momentum oscillators cross the mid-line, and the lips line crosses the jaws on the Alligator indicator, giving a strong bullish sentiment!

#TradeIdea 👇

🔼 Trade: Buy XAGUSD on a breaking above the 31.85;
🎯 TP1: 32.10.
🎯 TP2: 32.30.

Smash 👍 if you going to take it!

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🟢 Results🟢

🇺🇸 Core Retail Sales m/m:
Actual — 0.5%
Expected — 0.1%
Previous — 0.1%

🇺🇸 IRetail Sales m/m:
Actual — 0.4%
Expected — 0.3%
Previous — 0.1%

🇺🇸 Unemployment Claims
Actual — 241K
Expected — 241K
Previous — 258K


The markets are volatile! Are you in?📈

🚨 EURUSD down 550 pips in the last hour!!!

✂️ The EURUSD continued losses, dropping below $1.0830, after Christine Lagarde confirmed the ECB decision for today's 25 basis point rate cut.

❔ What do you expect next for the Euro? ❔

#alert

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

✂️ ECB members see a high likelihood of a 0.25% rate cut in December, with the 2% inflation target possibly reached by Q1 2025, according to BBG. EURUSD declined to 1.0840.

🥇 Gold prices hit a record high amid uncertainty over the US presidential election outcome and ongoing geopolitical tensions. XAUUSD rises to 2708.

🤖 Nvidia shares rose over 3% following TSMC's better-than-expected earnings report and optimistic forecasts for the AI chip market. NVIDIA shares are up to 136.92.

🇨🇳 China's GDP, industrial production, and retail sales data present a mixed picture, highlighting the urgency for new economic stimulus, according to BBG. HK50 rises by 3.82%.

📱 iPhone 16 sales in China increased by 20% year-on-year in the first three weeks, according to Counterpoint Research. Apple shares are trading at 232.13.

📆 CALENDAR FOR TODAY - 2024.10.18

🔥 Friday:

🇺🇸 Fed's Bostic speech - 16:30 GMT+3

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

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👉🇻🇦🇨🇭👈 to correct by 1000 pips after short-term gains? The price has reached resistance, with divergence on RSI and %R showing overbought.

#TradeIdea 👇

🔼 If the price breaks 0.8660, the upside will be to 0.8730;
🔽 A break of the trendline will start the decline to 0.8600 and further to 0.8540;

Waiting for a correction? Share your ideas in the comments

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👉🇻🇬🇻🇦🛸👈 may fall after bouncing off the upper trendline in a descending channel. The price crossed the upper Bollinger line, bounced off MA100, and %R came out of overbought.

#TradeIdea 👇

🔽 Trade: Sell GBPUSD on a fall below 1.3040;
🎯 TP: 1.2980;

Click 👍 if you agree. What is your GBPUSD target?

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👉🥇🇻🇦👈XAUUSD is on the crossroads, facing the 2712 resistance at the 261.8 Fibonacci retracement.

According to BofA, gold may become the only safe asset, against the background of risks with US government bonds due to the rapid growth of public debt.

The price currently navigates in an ascending channel, while the %R oscillator shows an overbought conditions. This set up gives us two scenarios:.

#TradeIdea 👇

🔼 If the price breaks above the 2712 resistance, it may rise to 2760 and the 423.6 Fibonacci;
🔽 However, a rebound from the 261.8 Fibonacci and breaching below the channel will drop the asset to 2685 support with further upward momentum.

🥇 What is your Forecast for XAUUSD? Share in the comments!

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🚗 #FORD stock can bring more than 20% when rising above resistance! Price bounced from the lower boundary of the descending channel, and a divergence formed on MFI.

#Forecast 👇

🔼 Trade: Consider buy #FORD on a rise above 11.30;
🎯 TP: 13.40;

Trading stocks? Which ones do you have in mind?

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#Education

🔍 Spot the Trend Reversal: Head-and-Shoulders Pattern! 🔍

💡What is it?
A Head-and-Shoulders pattern is a classic trend reversal signal where price momentum weakens after forming three peaks: two smaller (shoulders) and one larger (head).

Why does it matter?
📉This pattern often marks the end of an uptrend and signals a potential bearish reversal—perfect for those looking to enter short positions or exit long ones!

How to Spot It:
👈 Left Shoulder: First peak in an uptrend
💆‍♂️ Head: A higher peak follows
👉 Right Shoulder: Another peak, similar to the left
👔 Neckline Break: Watch for a drop below the neckline to confirm the reversal!

🎯 Why Traders Love It:
It's one of the most reliable patterns for catching trend changes—don't miss out!

Stay tuned for more visual content and hit 👍 if you’re ready to learn more!

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#meme

💫 They say one day Gold will fall... but we don’t believe in fairy tales, right?

🏆 Stay tuned—here you’ll be the first to know, when it’s time to sell XAUUSD!

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#calendar

⚠️ Do you want to know what to keep an eye on this week?

Get ready for a huge events ahead for 🇺🇸USD and 🇨🇦CAD! With the US Flash Services and Manufacturing PMI and BOC Monetary Policy Report, the markets will move quikly! 

🔥 Stay ahead—these pivotal events could spark major moves in the currency markets!

⚡️ What’s your take on how these decisions will influence USD and CAD?

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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.

🇨🇳 China cut LPR rates more than expected, boosting Chinese and Hong Kong stocks. Following the LPR cut, HIK50 rose to 20 530.

🥈 Gold continues to hit record highs, while silver is growing much faster for the second trading day in a row, up nearly 7%. Silver closed at a 12-year high. XAGUSD has risen to 34.00.

🛩 Boeing reached a tentative agreement to increase workers' wages by 35% over 4 years. The company has also started selling off unprofitable assets. #BA shares rose to 155.32.

📉 Since mid-July 2024, Berkshire Hathaway, owned by Buffett, has reduced its stake in Bank of America (BAC) by 25%. Sales are continuing and, according to CNBC, accelerating. BAC shares are trading at 42.32.

📆 CALENDAR FOR TODAY - 2024.10.21

🔥 Monday:

🇺🇸 FOMC Member Kashkari Speaks - 20:00 GMT+3

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

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👉🇻🇬🇻🇦🛸👈 bounced off the upper trendline in the descending channel and MA100. The DeMarker indicator has come out of an overbought condition, and the Parabolic SAR indicates the beginning of the decline.

#TradeIdea 👇

🔽Trade: Sell GBPUSD on a breakout below 1.3030;
🎯 TP: 1.2980;

Do you sell or buy GBPUSD?

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@fbsanalytics

☄️Traders, the target is reached! XAUUSD updated the historical maximum again! 🥇

❤️ Thank you for your support! Stay tuned!

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👉🇻🇦🇨🇦🚀👈 may rise after the bullish flag pattern. The price crossed DEMA and TEMA upwards.

#TradeIdea 👇

🔼 Trade: Buy USDCAD on a breakout of 1.3825;
🎯 TP: 1.3880;

Hit 👍 if you agree! What are your targets?

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#TradeIdea

📉 US30 navigates within a rising wedge pattern and tests its lower border.
The Alligator's Lips line breaks below the Jaws line. The Momentum oscillator crosses the 100 level downwards, indicating a potential bearish sentiment.

🔽 Trade: short US30 on a break below 43220.
🎯 TP: 42800.

❓Do you agree? Share your thoughts in the comments below. 👇

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🔥 The wait is over!!! Join FBS expert Adetola Freeman for an epic AMA session today at 16:00 (GMT+3)!

💬 Ask your burning questions, gain expert knowledge, and power up your trades on major pairs and XAUUSD!

👉 Join here: https://t.me/fbsanalytics?livestream