⤵️ 👉🇻🇦🇨🇦👈 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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☄️XAUUSD ALERT☄️

XAUUSD could bring 3000 pips on a break above 161.8 Fibonacci. The price has reached the upper Bollinger line, and Stochastic shows as overbought, so a slight bounce to the trend line is possible.

#TradeIdea 👇

🔼 Trade: Buy XAUUSD on a consolidation above 2757;
🎯 TP: 2783;

Hit 👍 if you want more XAUUSD analysis! Share your opinion!

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👀This week is the busiest for corporate earnings reports in the US, with 33% of S&P 500 issuers scheduled to report.

What stocks are on your mind? What will you trade?

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👉🇻🇦🇨🇦🚀👈USDCAD breaches above the bullish flag and the 1.3830 resistance on the 30M timeframe.
The Momentum oscillator crosses the 100-line up and the lips crossed the jaw on the Alligator indicator, confirming the bullish movement.

✂️ Today at 16:45 GMT+3, the Bank of Canada's monetary policy report may lower the key rate by 50 basis points, which is likely to lead to further weakening of the Canadian dollar.

#TradeIdea 👇

🔼 Trade: Buy USDCAD;
🎯 TP: 1.3850.

💬 What are your expectations for the decision of the Bank of Canada?

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💣 Bulls on target! 💣

🚀 USDCAD broke above the 1.3850 resistance level and is moving forward!

❔ Did you manage to take your profit from this deal? 👇

#meme

🙂 My trading strategy? Buy high, sell low, and maybe cry in the shower...

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

🚗 Tesla shares soar after beating profit expectations, with Elon Musk forecasting at least 20% vehicle growth next year. The stock is currently trading at $213.57.

🌐 Goldman Sachs forecasts a 3% annual return for the S&P 500 over the next decade, down from the previous 13%. US500 has declined to 5820.

📉 Asian stocks show signs of weakness ahead of the US elections amid a stronger dollar and rising US Treasury yields, reports BBG. HK50 has dropped to 20,540.

🛢 During the 2024, Asia's oil imports fell by 1.8% to 22.98 million bpd, driven by lower demand in China. XBRUSD trades at 75.40.

📆 CALENDAR FOR TODAY - 2024.10.24

🔥 Thursday:

🇪🇺 French Flash Services PMI - 10:15 GMT+3
🇪🇺 German Flash Manufacturing PMI - 10:30 GMT+3
🇬🇧 Flash Manufacturing PMI - 11:30 GMT+3
🇺🇸 Unemployment Claims - 15:30 GMT+3
🇺🇸 Flash Services PMI - 16:45 GMT+3

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

#MarketNews

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