βπ₯#XAUUSD
π₯XAUUSD has formed a double bottom with the bullish divergence!
We raise our target to 1668!
Are you buying the yellow metal right now?
β START TRADING β
π₯XAUUSD has formed a double bottom with the bullish divergence!
We raise our target to 1668!
Are you buying the yellow metal right now?
β START TRADING β
ββπ€ Everyone loves free stuff! Especially when you get something free that can make you money in the future
πΈ Ten years ago, you could earn a Bitcoin for free; now, it is worth a lot of money. But you can get other cryptos completely free and try your luck. Maybe, you will find the next crypto that makes 100 000%
β Here's how you can earn crypto for free:
https://bit.ly/3CW8sZP
πΈ Ten years ago, you could earn a Bitcoin for free; now, it is worth a lot of money. But you can get other cryptos completely free and try your luck. Maybe, you will find the next crypto that makes 100 000%
β Here's how you can earn crypto for free:
https://bit.ly/3CW8sZP
FBS Analytics
βπ₯#XAUUSD π₯XAUUSD has formed a double bottom with the bullish divergence! We raise our target to 1668! Are you buying the yellow metal right now? β
START TRADING β
π₯#XAUUSD
π₯β‘οΈThe price has reached our target and dropped. What is next?
Now we suggest you watch the 1641.00 - 1646.00 support range carefully. If the price breaks through, you might sell with the target at 1620.00.
However, if the price shows any signs of reversal, buy XAUUSD with the targets at the 200-hour moving average (~1650.00) and 1668.00.
π€©Are you bullish or bearish on XAUUSD?
β START TRADING β
π₯β‘οΈThe price has reached our target and dropped. What is next?
Now we suggest you watch the 1641.00 - 1646.00 support range carefully. If the price breaks through, you might sell with the target at 1620.00.
However, if the price shows any signs of reversal, buy XAUUSD with the targets at the 200-hour moving average (~1650.00) and 1668.00.
π€©Are you bullish or bearish on XAUUSD?
β START TRADING β
βπͺπΊπ¦πΊ#EURAUD
π₯β‘οΈEURAUD might get pumped soon!
Consider buying the pair on the breakout of the recent high (1.5680).
π―Target: 1.5850
β START TRADING β
π₯β‘οΈEURAUD might get pumped soon!
Consider buying the pair on the breakout of the recent high (1.5680).
π―Target: 1.5850
β START TRADING β
βββοΈGood Monday, traders! How are you doing during this trading session? Let's look at the main news that affects the markets today.
πDespite the governments interventions, the JPY is weakening again. USDJPY has already retested 149.10.
πThe earnings season continues! This week we will see the reports by Microsoft, Alphabet, GE, Visa, Meta, Mastercard, Amazon, Intel, and many other big companies! As usual, don't forget to check the forecasts for EPS and revenue before a release.
π¨π³The Chinese Communist Party's congress ended on Sunday. The government's decisions put the Chinese stock market under pressure.
πThe fears of a lower demand pull oil prices down. XBRUSD has fallen below $90, and XTIUSD plunged to $81.
πͺπΊThe EUR is coming through a volatile session with mixed PMI data published at the start of the European market session. Meanwhile, the ECB is preparing another big rate hike this week.
π¬π§The ex-UK Prime Minister Boris Johnson pulled out of the Prime Minister race, leaving Rishi Sunak as the frontrunner. Rishi Sunak served as a chancellor in Boris Johnson's government.
β Click here for more details about the news happening today!
πDespite the governments interventions, the JPY is weakening again. USDJPY has already retested 149.10.
πThe earnings season continues! This week we will see the reports by Microsoft, Alphabet, GE, Visa, Meta, Mastercard, Amazon, Intel, and many other big companies! As usual, don't forget to check the forecasts for EPS and revenue before a release.
π¨π³The Chinese Communist Party's congress ended on Sunday. The government's decisions put the Chinese stock market under pressure.
πThe fears of a lower demand pull oil prices down. XBRUSD has fallen below $90, and XTIUSD plunged to $81.
πͺπΊThe EUR is coming through a volatile session with mixed PMI data published at the start of the European market session. Meanwhile, the ECB is preparing another big rate hike this week.
π¬π§The ex-UK Prime Minister Boris Johnson pulled out of the Prime Minister race, leaving Rishi Sunak as the frontrunner. Rishi Sunak served as a chancellor in Boris Johnson's government.
β Click here for more details about the news happening today!
βAre you a beginner trader? π₯
Join now our webinar for beginners to learn all necessary information!
We're starting NOW β‘οΈ https://fbseducation.zoom.us/webinar/register/WN_TjsFsQ8iR-qS-E9ZTSazqg
Join now our webinar for beginners to learn all necessary information!
We're starting NOW β‘οΈ https://fbseducation.zoom.us/webinar/register/WN_TjsFsQ8iR-qS-E9ZTSazqg
βπͺπΊπΊπΈ#EURUSD
π₯EURUSD looks bullish!
The price has formed a falling bullish wedge. Entry a BUY trade ONLY after the resistance trend line breakout.
π―TP: 0.9883
β START TRADING β
π₯EURUSD looks bullish!
The price has formed a falling bullish wedge. Entry a BUY trade ONLY after the resistance trend line breakout.
π―TP: 0.9883
β START TRADING β
βAsset correlationsβ
Itβs not a secret that financial assets influence each other. This process isnβt random and has its logic. Letβs have a look at the most popular correlations.π«
πΈ Gold β¬οΈ | USD β¬οΈ
Weak demand for the dollar indicates that the economy is developing and growing. Both companies and people are spending dollars on acquiring goods. This behavior provokes an increase in inflation at some point, and gold rises on the expectations of this increase.
π’Oil β¬οΈ | CAD β¬οΈ
Canada is one of the top oil producers in the world. It exports around two million barrels of oil a day to the US. As oil prices go up, the CAD strengthens.
π¦Gold β¬οΈ | AUD β¬οΈ
Australia is the third largest gold producer in the world, producing $5 billion a year. Therefore, when gold prices rise, local mining companies benefit from it, which usually increases their profits. It can also benefit the Australian government, as higher private sector profits typically result in higher tax revenues.
πUSD β¬οΈ | US500/US100 β¬οΈ
The US dollar is investorsβ main safe haven these days. Due to that fact, unpredictable shocks that cause market volatility may push the greenback up.
β’οΈUS500 β¬οΈ | BCTUSD (crypto) β¬οΈ
Stocks and cryptocurrencies are risky assets. So, there has been a strong positive correlation between these assets for a long time. However, itβs supposed to be temporary, as stocks and cryptos arenβt correlated in the usual calm times.
Hit π₯ reaction if this information was new to you!
Itβs not a secret that financial assets influence each other. This process isnβt random and has its logic. Letβs have a look at the most popular correlations.π«
πΈ Gold β¬οΈ | USD β¬οΈ
Weak demand for the dollar indicates that the economy is developing and growing. Both companies and people are spending dollars on acquiring goods. This behavior provokes an increase in inflation at some point, and gold rises on the expectations of this increase.
π’Oil β¬οΈ | CAD β¬οΈ
Canada is one of the top oil producers in the world. It exports around two million barrels of oil a day to the US. As oil prices go up, the CAD strengthens.
π¦Gold β¬οΈ | AUD β¬οΈ
Australia is the third largest gold producer in the world, producing $5 billion a year. Therefore, when gold prices rise, local mining companies benefit from it, which usually increases their profits. It can also benefit the Australian government, as higher private sector profits typically result in higher tax revenues.
πUSD β¬οΈ | US500/US100 β¬οΈ
The US dollar is investorsβ main safe haven these days. Due to that fact, unpredictable shocks that cause market volatility may push the greenback up.
β’οΈUS500 β¬οΈ | BCTUSD (crypto) β¬οΈ
Stocks and cryptocurrencies are risky assets. So, there has been a strong positive correlation between these assets for a long time. However, itβs supposed to be temporary, as stocks and cryptos arenβt correlated in the usual calm times.
Hit π₯ reaction if this information was new to you!
βπ¨π³#Alibaba
π₯Great moment for stock traders!
Alibaba lost over 15% after XI Jinping was elected as a general secretary of the Chinese Communist Party.
The price has reached a historic low at $58.00. Watch the price action and enjoy volatility!
βοΈIf the price bounces, it might reach 75.
πIn case of a breakout, we expect the stock to reach 12.00 in the middle term.
β START TRADING β
π₯Great moment for stock traders!
Alibaba lost over 15% after XI Jinping was elected as a general secretary of the Chinese Communist Party.
The price has reached a historic low at $58.00. Watch the price action and enjoy volatility!
βοΈIf the price bounces, it might reach 75.
πIn case of a breakout, we expect the stock to reach 12.00 in the middle term.
β START TRADING β
βπΊπΈ#Macroeconomics
π₯US dollar might be volatile today!
Today, at 17:00 GMT+3, the Conference Board Inc. will release the Consumer Confidence numbers.
πConsumer Confidence is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity. Higher readings point to higher consumer optimism.
Usually, higher-than-expected results push the US dollar up, pressing other currencies and gold against the greenback.
Last time, Consumer Confidence hit 108.0, against the 104.0 expected. As a result, the US dollar index gained 600 points within the next three hours.
Current Forecast: 105.9
Previous Results: 108.0
βWhat do you expect from the markets todayβ
β START TRADING β
π₯US dollar might be volatile today!
Today, at 17:00 GMT+3, the Conference Board Inc. will release the Consumer Confidence numbers.
πConsumer Confidence is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity. Higher readings point to higher consumer optimism.
Usually, higher-than-expected results push the US dollar up, pressing other currencies and gold against the greenback.
Last time, Consumer Confidence hit 108.0, against the 104.0 expected. As a result, the US dollar index gained 600 points within the next three hours.
Current Forecast: 105.9
Previous Results: 108.0
βWhat do you expect from the markets todayβ
β START TRADING β
βπͺπΊπΊπΈ#EURUSD
π₯Important day for EURUSD!
The price is consolidating above the descending trend line and the 50-day moving average. If the breakout happens, we expect the pair to reach the parity (1.0000) level shortly.
On the other hand, if the price bounces off the trend line, the downtrend might continue. In this case, EURUSD will most likely reach 0.9570 again.
π€Do you think the downtrend for EURUSD is over?
β START TRADING β
π₯Important day for EURUSD!
The price is consolidating above the descending trend line and the 50-day moving average. If the breakout happens, we expect the pair to reach the parity (1.0000) level shortly.
On the other hand, if the price bounces off the trend line, the downtrend might continue. In this case, EURUSD will most likely reach 0.9570 again.
π€Do you think the downtrend for EURUSD is over?
β START TRADING β
β#MarketNews
π«Good morning dear traders! Are you ready for a new trading day? Letβs see what news is worth mentioning today:
πEvents that take place:
Microsoft, Google, Twitter, Coca-Cola, General Electrics, and General Motors earnings reports.
πAccording to the RTRS survey, the probability of a recession in the US within 12 months rose to 65% from 45% earlier.
π¬π§Rishi Sunak will officially become British Prime Minister after meeting with King Charles III on Tuesday. After spending the summer warning that Liz Truss will cripple the economy, he is now in charge of cleaning up the mess.
π±Elon Musk's Twitter deal could be closed by the end of the week, probably on Friday.
π―π΅The weakening of the yen is starting to put pressure on Japanese importers. USDJPY is 148.95.
πThe fifth part of S&P 500 companies posted third-quarter earnings that were more than half their estimate.
π’Oil stabilized as traders assessed a short-term supply crunch in the crude oil market and a broad appetite for risky assets, including commodities.
β’οΈThe Tel Aviv Stock Exchange (TASE) announced the creation of a blockchain-based platform to expand its trading services to cryptocurrencies and other digital assets as part of a new strategic plan for 2023-2027.
Read the full article and oil technical analysis: https://bit.ly/3Twtl4T
What are you excepting today? Share in the comments!β¬οΈ
π«Good morning dear traders! Are you ready for a new trading day? Letβs see what news is worth mentioning today:
πEvents that take place:
Microsoft, Google, Twitter, Coca-Cola, General Electrics, and General Motors earnings reports.
πAccording to the RTRS survey, the probability of a recession in the US within 12 months rose to 65% from 45% earlier.
π¬π§Rishi Sunak will officially become British Prime Minister after meeting with King Charles III on Tuesday. After spending the summer warning that Liz Truss will cripple the economy, he is now in charge of cleaning up the mess.
π±Elon Musk's Twitter deal could be closed by the end of the week, probably on Friday.
π―π΅The weakening of the yen is starting to put pressure on Japanese importers. USDJPY is 148.95.
πThe fifth part of S&P 500 companies posted third-quarter earnings that were more than half their estimate.
π’Oil stabilized as traders assessed a short-term supply crunch in the crude oil market and a broad appetite for risky assets, including commodities.
β’οΈThe Tel Aviv Stock Exchange (TASE) announced the creation of a blockchain-based platform to expand its trading services to cryptocurrencies and other digital assets as part of a new strategic plan for 2023-2027.
Read the full article and oil technical analysis: https://bit.ly/3Twtl4T
What are you excepting today? Share in the comments!β¬οΈ
FBS Analytics
π₯#XAUUSD π₯β‘οΈThe price has reached our target and dropped. What is next? Now we suggest you watch the 1641.00 - 1646.00 support range carefully. If the price breaks through, you might sell with the target at 1620.00. However, if the price shows any signsβ¦
π₯#XAUUSD
π₯XAUUSD bounces off the support range and breaks the resistance trend line!
Now the price is heading towards 1668!
π±Are you buying gold right now?
β START TRADING β
π₯XAUUSD bounces off the support range and breaks the resistance trend line!
Now the price is heading towards 1668!
π±Are you buying gold right now?
β START TRADING β
β#MarketNews
Good morning, dear traders! Hope you have a wonderful day! Letβs see what news we have for now:
πImportant events for today:
πΈ17:00 GMT+3, BoC Overnight Rate Decision.
πΈMeta, Ford, and eBay earnings reports.
β’οΈBritish legislators voted to recognize cryptocurrencies as regulated financial instruments.
πGoogle released a lower-than-expected earnings report. After the publication, the company's stock price fell 5%.
πΈAmazon has announced that itβs adding Venmo, a payment service owned by PayPal, as a payment method at checkout. Paypal's stock price rose 7.1%.
π¬π§The British Pound jumped to a 6-week high, and UK bond yields fell as Rishi Sunak promised to correct Truss's mistakes.
πThe Nasdaq index (US100) fell more than 1% after disappointing quarterly reports from Microsoft Corp., Alphabet Inc., and Texas Instruments Inc. underscored the growing pressure on the economy due to higher interest rates by the Federal Reserve.
π―π΅The USDJPY weakened to around 146.8 ahead of a policy decision by the Bank of Japan on Friday when monetary adjustments are expected to remain unchanged.
Read the full report here: https://bit.ly/3SxbJo9
Have a nice day!π«
Good morning, dear traders! Hope you have a wonderful day! Letβs see what news we have for now:
πImportant events for today:
πΈ17:00 GMT+3, BoC Overnight Rate Decision.
πΈMeta, Ford, and eBay earnings reports.
β’οΈBritish legislators voted to recognize cryptocurrencies as regulated financial instruments.
πGoogle released a lower-than-expected earnings report. After the publication, the company's stock price fell 5%.
πΈAmazon has announced that itβs adding Venmo, a payment service owned by PayPal, as a payment method at checkout. Paypal's stock price rose 7.1%.
π¬π§The British Pound jumped to a 6-week high, and UK bond yields fell as Rishi Sunak promised to correct Truss's mistakes.
πThe Nasdaq index (US100) fell more than 1% after disappointing quarterly reports from Microsoft Corp., Alphabet Inc., and Texas Instruments Inc. underscored the growing pressure on the economy due to higher interest rates by the Federal Reserve.
π―π΅The USDJPY weakened to around 146.8 ahead of a policy decision by the Bank of Japan on Friday when monetary adjustments are expected to remain unchanged.
Read the full report here: https://bit.ly/3SxbJo9
Have a nice day!π«
βπ₯#XAUUSD
π₯Gold is still bullish!
Technically the price has formed an inverted head and shoulders pattern! Thus, after a consolidation inside the support range of 1663.00 - 1668.00, we expect the trend to continue toward 1684.00 and 1693.00.
βοΈIf, somehow, the price loses 1663.00, it will return to 1646.00. But doubt it will happen.
β START TRADING β
π₯Gold is still bullish!
Technically the price has formed an inverted head and shoulders pattern! Thus, after a consolidation inside the support range of 1663.00 - 1668.00, we expect the trend to continue toward 1684.00 and 1693.00.
βοΈIf, somehow, the price loses 1663.00, it will return to 1646.00. But doubt it will happen.
β START TRADING β
βπ¬π§π―π΅#GBPJPY
π₯GBPJPY broke through the 170.00 level and tested it from the above!
Now we expect the pair to move toward the 171.50 resistance level!
Do you trade GBPJPY?
β START TRADING β
π₯GBPJPY broke through the 170.00 level and tested it from the above!
Now we expect the pair to move toward the 171.50 resistance level!
Do you trade GBPJPY?
β START TRADING β
βπͺπΊπΊπΈ#EURUSD
EURUSD has formed a bullish wedge above the parity level!
Consider buying EURUSD when the price breaks through the upper border of the wedge.
π―TP: 1.0090
β START TRADING β
EURUSD has formed a bullish wedge above the parity level!
Consider buying EURUSD when the price breaks through the upper border of the wedge.
π―TP: 1.0090
β START TRADING β
βπΊπΈ#US100
π₯US100 looks bearish!
Bulls took two attempts to break above the 11675 resistance level but failed, which is a negative sign for US100. Now we suggest you look at the blue support trend line.
πIf the price breaks below, consider selling US100 with the target at 10900.
πOn the other hand, if the price bounces, you might buy NASDAQ with the targets at 11675 and 12 000.
π€©Did you trade EURUSD idea yesterday? How are your profits?
β START TRADING β
π₯US100 looks bearish!
Bulls took two attempts to break above the 11675 resistance level but failed, which is a negative sign for US100. Now we suggest you look at the blue support trend line.
πIf the price breaks below, consider selling US100 with the target at 10900.
πOn the other hand, if the price bounces, you might buy NASDAQ with the targets at 11675 and 12 000.
π€©Did you trade EURUSD idea yesterday? How are your profits?
β START TRADING β
β#MarketNews
βοΈGood morning, dear traders! Hope you have a wonderful day! Letβs see what news we have for now:
πFacebook profits halved. As a result, Meta stock hit the lowest price in over six years.
π¦Goldman Sachs allowed the S&P 500 to collapse by another 25%.
πͺπΊπΊπΈAfter a massive rally, EURUSD reached the 100-day moving average. Some correction might happen after five green day candles in a row.
For more information, read the full report here: https://bit.ly/3zk8JEy
Have a nice day!π«
βοΈGood morning, dear traders! Hope you have a wonderful day! Letβs see what news we have for now:
πFacebook profits halved. As a result, Meta stock hit the lowest price in over six years.
π¦Goldman Sachs allowed the S&P 500 to collapse by another 25%.
πͺπΊπΊπΈAfter a massive rally, EURUSD reached the 100-day moving average. Some correction might happen after five green day candles in a row.
For more information, read the full report here: https://bit.ly/3zk8JEy
Have a nice day!π«
βπ₯#XAUUSD
π₯XAUUSD is possibly bullish!
Gold is consolidating inside the bullish wedge right above the rising trend line. We expect the trend to continue after the price breaks above the upper wedge's border (approximately 1668.00).
π―Our target for gold remains at 1680.00.
βοΈHowever, if for some reason XAUUSD loses rising trend line, the price will go down to 1646.00.βοΈ
β START TRADING β
π₯XAUUSD is possibly bullish!
Gold is consolidating inside the bullish wedge right above the rising trend line. We expect the trend to continue after the price breaks above the upper wedge's border (approximately 1668.00).
π―Our target for gold remains at 1680.00.
βοΈHowever, if for some reason XAUUSD loses rising trend line, the price will go down to 1646.00.βοΈ
β START TRADING β