👉🇦🇺🇻🇦👈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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@fbsanalytics

#TradeIdea

👉🇨🇦🇯🇵🚀👈CADJPY navigates within an inverse Head-and-Shoulders pattern. The price breaches above the “neck” of the pattern and retesting it at the 110.00 support.

🇯🇵 Japan's Finance Minister, Katsunobu Kato, expressed concerns over the yen’s rapid decline, as it reached a near three-month low against the dollar. Many BOJ watchers are now keeping a close eye on the yen, which could influence the timing of the central bank’s next rate hike.


🔼 Trade: Buy CADJPY on a rebound from 110.00;
🎯 TP1: 111.70;
🎯 TP2: 113.00.

💬 What are your expectations for the further yen move?

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👉🥇🇻🇦🛸👈 may fall 2000 pips on a bounce from resistance. The price overlapped the FVG, and the price reached the OTE.

#TradeIdea 👇

🔽 Trade: Sell XAUUSD on a rebound from resistance;
🎯 TP: 2714;

Click 👍 if you like ICT! Write your ideas on Gold in the comments

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📉 On a Daily timeframe, US30 breaches below the rising wedge pattern and tests the 42500 support.
The Parabolic SAR pointed the dots above the price and the MACD histogram crosses the signal line down, indicating a bearish sentiment.

#TradeIdea 👇

🔽 Trade: short US30 on a break below 42500.
🎯 TP: 41500.

❓ Do you believe in a further decline for the US Indices?👇

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