🔥 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

👉🥇🇻🇦🚀👈 New Trade Idea!

🥇 XAUUSD has reached critical support at 161.8 Fibonacci, with RSI and %R showing overbought, so a minor correction to the trendline is possible.

#TradeIdea 👇

🔼 Trade: Buy XAUUSD on a breakout above 2735;
🎯 TP: 2800;

Click ❤️ if you want more XAUUSD analysis!

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👉💡▶️⏩XNGUSD is bullish! The price breaches above the trendline and the 200-MA at the 2.76 resistance level.
The Momentum crosses the 10-line up, confirming the bullish trend!

According to the European Commission, the EU is ready to stop the transit of Russian gas, which, according to FBS analysts, will only lead to a shortage of energy resources.

#TradeIdea 👇

🔼 Trade: Buy XNGUSD;
🎯 TP: 3.20.

Hit 👍 if you agree!

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👉💡▶️⏩NZDUSD Falls! The price broke below the descending pattern and the 0.6050 support.

🐻 The Momentum oscillator crossed the 100-line and the Parabolic SAR pointed above the price, giving a strong bearish sentiment.

#TradeIdea 👇

🔽 Trade: Sell NZDUSD;
🎯 TP: 0.5980.

❓ What is your vision of the NZDUSD pair?

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

💬 The San Francisco Fed President expects continued rate cuts, citing no reason to stop as inflation cools and labor market concerns persist. The current rate is 4.75% to 5%.

📈 Demand for the dollar surged as the US election approaches, with JPMorgan estimating bullish calls near two standard deviations above average, leaving room for more buying in the coming weeks.

🥈 Silver follows gold's lead, with analysts predicting it could surpass $40 an ounce by year-end due to ongoing supply shortages and rising demand.

🚀 Nvidia's stock surged on Monday, reaching a market cap of $3.525 trillion. It is the second company after Apple to hit this milestone, with shares up 190% in 2024. #NVIDIA shares are up 4.14%.

📆 CALENDAR FOR TODAY - 2024.10.22

🔥 Tuesday:

🇬🇧 BOE Gov Bailey Speaks - 16:25 GMT+3

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

#MarketNews

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👉🇪🇺🇻🇦👈 tests the trendline again in a bearish trend. RSI indicates a long-term divergence, and Momentum has risen above 100.0.

#TradeIdea 👇

🔼A break of the trendline above 1.0840 will start a correction to 1.0900;
🔽A bounce off the trendline will continue the decline to 1.0810 and 1.0780;

Click👍 if bullish, ❤️ if bearish! Write your targets in the comments!

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👉🥇🇻🇦👈XAUUSD moves in an ascending channel and tests the 2737 resistance, aligned with the 161.8 Fibonacci ratio.

🎢 The MACD histogram crosses the signal line and the MFI is in the overbought zone, giving a bearish sentiment.

#TradeIdea 👇

🔼 If the price breaks above the 161.8 Fibonacci, it may rise to 2815 and the 261.8 Fibonacci;
🔽 However, a rebound from the 2737 will drop the asset to 2685 support.

🥇 Will XAUUSD break the resistance? Share your thoughts!

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⤵️ 👉🇻🇦🇨🇦👈 could reverse at 3000 pips! Stochastic is overbought, making a possible fifth-time bounce with FVG overlap from OTE.

#Forecast 👇

🔽 Trade: Sell USDCAD on a bounce-off resistance;
🎯 TP: 1.3600;

❤️ if you agree! Write your opinion in the comments

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🎯 Target hit! 🎯

💥 Congratulations to everyone who rode this rally with us!

👇 Did you catch this move?

👉💵🇻🇦🚀👈 may continue to rise on a break of resistance and the nearest fractal as Momentum moved above 100.0 and +DI crossed -DI.

🔼 Trade: Buy XBRUSD on a breakout above 74.50;
🎯 TP: 76.10;

What do you expect from oil? Are you buying?

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👉🇦🇺🇻🇦👈AUDUSD formed a falling wedge pattern and tests its upper border.
The Momentum oscillator shows bullish divergences and breaks above the 100-line, giving a sign of a rise toward the 0.6700 resistance.

#TradeIdea 👇

🔼 If the bulls lift the price above the 0.6700 resistance, the target will be the 0.6750 level;
🔽 If a retest fails, the price may retreat to the 0.6650 support zone.

Click 👍 if you trade AUDUSD!

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🔥 Ever heard of the VIX?

Also known as the "fear index," it’s your go-to tool for measuring market volatility and investor sentiment. A high VIX means increased market uncertainty and fear, while a low VIX reflects calm markets.

#Education

💡 Here’s how to use it to your advantage:
🟢High VIX (40 and more): Spot opportunities to sell risky assets like stocks.
🟢Low VIX (20 and less): Consider buying stocks in calmer market conditions.

🔗 Combine with other tools:
🟠Pair it with RSI and Bollinger Bands to gauge overbought/oversold conditions
🟠Use it alongside S&P 500 movements for better market insights

Do you use the VIX? Write in the comments👇

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☀️ Happy Wednesday, dear traders! Today, October 23, we're bringing you the day's most thrilling news highlights:

☄️ The IMF projects global growth at 3.2% for 2024, with inflation expected to fall from 9.4% in 2022 to 3.5% by the end of next year, but warns of risks from geopolitical conflicts and fiscal instability.

🇩🇪 Deutsche Bank plans to restart buybacks after trading revenue rose 11% and advisory income jumped 24%, offsetting higher loan-loss provisions and a 3% drop in corporate banking. #DBK stock is down 2.54%.

🇪🇺 ECB policymakers are debating whether to lower rates below neutral as weak growth threatens inflation, which is now projected to fall below the 2% target.

📣 JPMorgan predicts US stocks will return 6.7% annually over the next 10-15 years, while Goldman Sachs warns of a much lower 3% return due to high valuations and rising Treasury yields.

✂️ Starbucks (#SBUX) shares dropped over 3% after the company reported a 7% decline in same-store sales and suspended its 2025 outlook.

#MarketNews

📆 CALENDAR FOR TODAY - 2024.10.23

🔥 Wednesday:

🇨🇦 BOC Monetary Policy Report - 16:45 GMT+3
🇨🇦 BOC Rate Statement - 16:45 GMT+3
🇨🇦 Overnight Rate - 16:45 GMT+3
🇨🇦 BOC Press Conference - 17:30 GMT+3
🇬🇧 BOE Gov Bailey Speaks - 21:45 GMT+3

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

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@fbsanalytics