FBS Analytics
🥇#XAUUSD 🔥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). 🎯Our target for gold…
🔥Join the stream and ask your questions! 🔥
Today, at 15:00 GMT+3, we will host the voice chat and look at the markets ahead of the ECB meeting!
❗️The link will be active after the stream starts: https://t.me/fbsanalytics?livestream
Today, at 15:00 GMT+3, we will host the voice chat and look at the markets ahead of the ECB meeting!
❗️The link will be active after the stream starts: https://t.me/fbsanalytics?livestream
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FBS Analytics
Market news & trade ideas & Live streams and more by FBS team!🚀
🤝FBS Support: @fbs_official_bot
🌐FBS website: https://fbs.com
📲FBS Mobile app: https://fbspa.onelink.me/00Zt/8w2366it
❗️Channel rules: https://telegra.ph/FBS-analytics-chat-rules-11-22
🤝FBS Support: @fbs_official_bot
🌐FBS website: https://fbs.com
📲FBS Mobile app: https://fbspa.onelink.me/00Zt/8w2366it
❗️Channel rules: https://telegra.ph/FBS-analytics-chat-rules-11-22
📌Pin bar story
Do you like the pin bar pattern as much as we do? No? So, let us convince you! Let’s talk about this simple but helpful pattern.
🔸A pin bar is a type of candlestick that signals the reversal of prices. It consists of a long shadow, a small shadow, and a body between them. Fun fact: this pattern’s name is short for Pinocchio, as it has a long wick similar to Pinocchio’s nose.
🔸A pin bar is one of the most reliable and famous candlestick patterns, and when traders see it on the chart, they expect the price to change its direction soon.
❗️However, remember: besides a long shadow, there are also special market conditions to call a candlestick pattern a pin bar.
👀In the picture, you can see when the pin bar candlesticks are the strongest, whether bullish or bearish.
Hit the 👍 reaction if you want more educational posts!
Do you like the pin bar pattern as much as we do? No? So, let us convince you! Let’s talk about this simple but helpful pattern.
🔸A pin bar is a type of candlestick that signals the reversal of prices. It consists of a long shadow, a small shadow, and a body between them. Fun fact: this pattern’s name is short for Pinocchio, as it has a long wick similar to Pinocchio’s nose.
🔸A pin bar is one of the most reliable and famous candlestick patterns, and when traders see it on the chart, they expect the price to change its direction soon.
❗️However, remember: besides a long shadow, there are also special market conditions to call a candlestick pattern a pin bar.
👀In the picture, you can see when the pin bar candlesticks are the strongest, whether bullish or bearish.
Hit the 👍 reaction if you want more educational posts!
🇺🇸🇨🇦#USDCAD
🔥Higher-than-expected GDP push USDCAD!
Higher-than-expected GDP numbers untied the Fed's hands to increase the rate by another 75 basis points at the upcoming meeting. Thus, the US dollar might strengthen ahead of the FOMC meeting on November 2.
It looks like sellers will not break below 1.3510 in USDCAD. Thus, consider buying the pair with the targets at 1.3600 and 1.38265.
❗️Do not forget to put SL below 1.3510!
✅START TRADING ✅
🔥Higher-than-expected GDP push USDCAD!
Higher-than-expected GDP numbers untied the Fed's hands to increase the rate by another 75 basis points at the upcoming meeting. Thus, the US dollar might strengthen ahead of the FOMC meeting on November 2.
It looks like sellers will not break below 1.3510 in USDCAD. Thus, consider buying the pair with the targets at 1.3600 and 1.38265.
❗️Do not forget to put SL below 1.3510!
✅START TRADING ✅
#CADJPY🇨🇦🇯🇵
🔥CADJPY looks bearish!
The pair broke below the ascending trend line on the H1 timeframe. Moreover, on the H4 timeframe, the price is trading under the MA ribbon.
We expect the pair to decline to 107.55 and 106.95!
✅START TRADING ✅
🔥CADJPY looks bearish!
The pair broke below the ascending trend line on the H1 timeframe. Moreover, on the H4 timeframe, the price is trading under the MA ribbon.
We expect the pair to decline to 107.55 and 106.95!
✅START TRADING ✅
#MarketNews
💫Happy Friday, dear traders! The end of the week is going to be hot, so let’s see the news that may impact the market today:
📈Morgan Stanley downgraded Meta to Neutral from Buy following the release of its quarterly report. Meta stock lost 24.5% after the report, showing significant losses in profit.
📉Amazon shares fell sharply after a weak holiday sales forecast. The company lost more than 18%.
🇪🇺The ECB raised interest rates to 2.00% for the third time. In a statement, the ECB indicated that energy price inflation was 40.7% and was the main driver of the overall inflation.
🐥Musk asked Tesla engineers to meet with Twitter developers to review the company's code. Besides, he fired top Twitter executives after closing the deal.
🛢Oil showed a weekly increase, which was supported by tension in the markets of petroleum products, strong US exports, and a weakening dollar. XBRUSD is 94.50.
Read the full article here: https://bit.ly/3Wblf3m
Have an amazing day, and good luck!✨
💫Happy Friday, dear traders! The end of the week is going to be hot, so let’s see the news that may impact the market today:
📈Morgan Stanley downgraded Meta to Neutral from Buy following the release of its quarterly report. Meta stock lost 24.5% after the report, showing significant losses in profit.
📉Amazon shares fell sharply after a weak holiday sales forecast. The company lost more than 18%.
🇪🇺The ECB raised interest rates to 2.00% for the third time. In a statement, the ECB indicated that energy price inflation was 40.7% and was the main driver of the overall inflation.
🐥Musk asked Tesla engineers to meet with Twitter developers to review the company's code. Besides, he fired top Twitter executives after closing the deal.
🛢Oil showed a weekly increase, which was supported by tension in the markets of petroleum products, strong US exports, and a weakening dollar. XBRUSD is 94.50.
Read the full article here: https://bit.ly/3Wblf3m
Have an amazing day, and good luck!✨
🥇#XAUUSD
🔥XAUUSD might reverse!
After the rising trend line breakout, XAUUSD declined to our target at 1646.00.
We expect a solid reversal from these levels back to the 1658.00 resistance!
Are you bullish on gold right now?
✅START TRADING ✅
🔥XAUUSD might reverse!
After the rising trend line breakout, XAUUSD declined to our target at 1646.00.
We expect a solid reversal from these levels back to the 1658.00 resistance!
Are you bullish on gold right now?
✅START TRADING ✅
🇪🇺🇺🇸#EURUSD
🔥EURUSD might decline!
The price is moving inside the falling channel. Right now the price is bouncing off the upper channels border and the 100-hour moving average.
We expect a further decline to the 200-hour MA at 0.9890.
SL: slightly above 0.9970
✅START TRADING ✅
🔥EURUSD might decline!
The price is moving inside the falling channel. Right now the price is bouncing off the upper channels border and the 100-hour moving average.
We expect a further decline to the 200-hour MA at 0.9890.
SL: slightly above 0.9970
✅START TRADING ✅
❗️Dear users❗️
Fraudsters are increasingly posing as FBS analysts and creating fake Telegram channels using our name and logo.
Remember:
❌FBS will never write to you first in private messages.
❌FBS does not have any private channels.
❌FBS does not ask for payments for its analytical services, all content is absolutely free.
List of official FBS Telegram accounts:
✅EN - https://t.me/fbsanalytics
✅ID - https://t.me/fbsanalyticsinindonesia
✅ES - https://t.me/spanishfbs
✅PT - https://t.me/fbsportuguese
✅AR - https://t.me/fbsresearsh
Be careful! Do not transfer money or share your FBS account/bank card details with anyone!
Let's beat the scammers together 💪
Fraudsters are increasingly posing as FBS analysts and creating fake Telegram channels using our name and logo.
Remember:
❌FBS will never write to you first in private messages.
❌FBS does not have any private channels.
❌FBS does not ask for payments for its analytical services, all content is absolutely free.
List of official FBS Telegram accounts:
✅EN - https://t.me/fbsanalytics
✅ID - https://t.me/fbsanalyticsinindonesia
✅ES - https://t.me/spanishfbs
✅PT - https://t.me/fbsportuguese
✅AR - https://t.me/fbsresearsh
Be careful! Do not transfer money or share your FBS account/bank card details with anyone!
Let's beat the scammers together 💪
FBS Analytics pinned «❗️Dear users❗️ Fraudsters are increasingly posing as FBS analysts and creating fake Telegram channels using our name and logo. Remember: ❌FBS will never write to you first in private messages. ❌FBS does not have any private channels. ❌FBS does not ask…»
🤩 Remember we told you about our Thai trader, Piriya? She entered the market only 2 years ago and has already achieved high results.
What is her secret? Find it out with an FBS financial analyst who dives deep into her trading strategy.
➡Watch the video to learn how to take your first step in trading:
https://youtu.be/OCAmcAPTF1w
What is her secret? Find it out with an FBS financial analyst who dives deep into her trading strategy.
➡Watch the video to learn how to take your first step in trading:
https://youtu.be/OCAmcAPTF1w
🤔 It may be hard for a trader to choose the best asset for trading. Some people like volatility, and others prefer to trade a slow but easy-to-understand instrument.
📊 There are many opinions on how to choose, so we collected everything you need to know about choosing crypto for trading.
🗞 Here are our thoughts on what is the best for buying and what you should avoid:
https://bit.ly/3So4df7
📊 There are many opinions on how to choose, so we collected everything you need to know about choosing crypto for trading.
🗞 Here are our thoughts on what is the best for buying and what you should avoid:
https://bit.ly/3So4df7
Multiple Timeframe Analysis explained✅
Checking several timeframes on one chart is always a good idea! Let’s discuss why💫
🔸Multiple Timeframe Analysis in Forex trading involves monitoring the same currency pair across several timeframes.
🔸This analysis works great for day traders. As you can see in the picture, the 15-min chart is detailed but volatile. 1-hour chart has less noise. It shows that the price is strongly moving upwards. However, if you check the chart from a 1-day perspective, you’ll see that there’s actually a big downtrend in place.
❗️Remember that the trend on the bigger timeframe is more powerful. Support and resistance levels are more significant on longer timeframes. As a result, there’s a big chance that the price turns down.
Check several timeframes before opening the order!👍🏻
Checking several timeframes on one chart is always a good idea! Let’s discuss why💫
🔸Multiple Timeframe Analysis in Forex trading involves monitoring the same currency pair across several timeframes.
🔸This analysis works great for day traders. As you can see in the picture, the 15-min chart is detailed but volatile. 1-hour chart has less noise. It shows that the price is strongly moving upwards. However, if you check the chart from a 1-day perspective, you’ll see that there’s actually a big downtrend in place.
❗️Remember that the trend on the bigger timeframe is more powerful. Support and resistance levels are more significant on longer timeframes. As a result, there’s a big chance that the price turns down.
Check several timeframes before opening the order!👍🏻
🥇#XAUUSD
XAUUSD is moving in range between 1640.00 and 1646.00.
👇If the price breaks below 1640.00, consider selling with the targets at 1632.40 and 1620.00.
☝️If the price goes above 1646.00, buy gold with the targets at 1652.50 and 1658.20.
🤔Are you bullish or bearish on gold?
✅START TRADING ✅
XAUUSD is moving in range between 1640.00 and 1646.00.
👇If the price breaks below 1640.00, consider selling with the targets at 1632.40 and 1620.00.
☝️If the price goes above 1646.00, buy gold with the targets at 1652.50 and 1658.20.
🤔Are you bullish or bearish on gold?
✅START TRADING ✅
🗓#calendar
KEY EVENTS THIS WEEK:
Monday, 31 October:
🇪🇺EU - consumer inflation CPI -12:00 MT
🇪🇺EU - GDP (Q3 2022) -12:00 MT
🇺🇸USA - Chicago PMI (Oct) - 15:45 MT
🇺🇸 US corporate reporting season
Tuesday 1, November:
🇬🇧Central Bank of Britain starts balance sheet reduction (QT)
🇦🇺Australia - Central Bank rate - 05:30 MT
🇬🇧UK -Manufacturing PMI (Oct) - 11:30 MT
🇨🇦Canada - Manufacturing PMI (Oct) - 15:30 MT
🇺🇸USA - ISM Manufacturing PMI (Oct) - 16:00 MT
🛢US Oil - API Reserves - 22:30 MT
🇺🇸 US corporate reporting season
Wednesday 2, November:
🇳🇿The head of the Central Bank of New Zealand - 00:00 MT
🇩🇪Germany - Manufacturing PMI (Oct) - 10:55 MT
🇪🇺EU - Manufacturing PMI (Oct) - 11:00 MT
🇺🇸USA - ADP Nonfarm Employment (Oct) - 14:15 MT
🛢US Oil - EIA Reserves - 16:30 MT
🇺🇸USA - FOMC meeting (Interest Rate Decision) - 20:00 MT
🇺🇸USA - FOMC press conference - 20:30 MT
🇺🇸 US corporate reporting season
Thursday, 3 November:
🇯🇵Japan - market is closed
🇹🇷Turkey - Consumer Inflation CPI (Oct) - 09:00 MT
🇨🇭Switzerland - Consumer Inflation CPI (Oct) - 09:30 MT
🇪🇺Lagarde - 10:05 MT
🇬🇧Britain - Services / Composite PMI (Oct) - 11:30 MT
🇬🇧Britain - Central Bank rate - 14:00 MT
🇬🇧The head of the BOE speaks - 14:30 MT
🇺🇸USA - Initial Jobless Claims - 14:30 MT
🇺🇸USA - Trade balance (Sep) - 14:30 MT
🇺🇸US - Services / Composite PMI (Oct) - 15:45 MT
🇺🇸USA - ISM Non-Manufacturing PMI (Oct) - 16:00 MT
🇺🇸 US corporate reporting season
Friday 4, November:
🇩🇪Germany - Services / Composite PMI (Oct) - 10:55 MT
🇪🇺EU - Services / Composite PMI (Oct) - 11:00 MT
🇪🇺Lagarde - 11:30 MT
🇪🇺EU - PPI inflation (Sep) - 12:00 MT
🇺🇸USA - Non-Farm Payrolls (Oct) - 14:30 MT
🇺🇸USA - Unemployment (Oct) - 14:30 MT
🇺🇸 US corporate reporting season
*MT = MetaTrader Time = GMT+2
KEY EVENTS THIS WEEK:
Monday, 31 October:
🇪🇺EU - consumer inflation CPI -12:00 MT
🇪🇺EU - GDP (Q3 2022) -12:00 MT
🇺🇸USA - Chicago PMI (Oct) - 15:45 MT
🇺🇸 US corporate reporting season
Tuesday 1, November:
🇬🇧Central Bank of Britain starts balance sheet reduction (QT)
🇦🇺Australia - Central Bank rate - 05:30 MT
🇬🇧UK -Manufacturing PMI (Oct) - 11:30 MT
🇨🇦Canada - Manufacturing PMI (Oct) - 15:30 MT
🇺🇸USA - ISM Manufacturing PMI (Oct) - 16:00 MT
🛢US Oil - API Reserves - 22:30 MT
🇺🇸 US corporate reporting season
Wednesday 2, November:
🇳🇿The head of the Central Bank of New Zealand - 00:00 MT
🇩🇪Germany - Manufacturing PMI (Oct) - 10:55 MT
🇪🇺EU - Manufacturing PMI (Oct) - 11:00 MT
🇺🇸USA - ADP Nonfarm Employment (Oct) - 14:15 MT
🛢US Oil - EIA Reserves - 16:30 MT
🇺🇸USA - FOMC meeting (Interest Rate Decision) - 20:00 MT
🇺🇸USA - FOMC press conference - 20:30 MT
🇺🇸 US corporate reporting season
Thursday, 3 November:
🇯🇵Japan - market is closed
🇹🇷Turkey - Consumer Inflation CPI (Oct) - 09:00 MT
🇨🇭Switzerland - Consumer Inflation CPI (Oct) - 09:30 MT
🇪🇺Lagarde - 10:05 MT
🇬🇧Britain - Services / Composite PMI (Oct) - 11:30 MT
🇬🇧Britain - Central Bank rate - 14:00 MT
🇬🇧The head of the BOE speaks - 14:30 MT
🇺🇸USA - Initial Jobless Claims - 14:30 MT
🇺🇸USA - Trade balance (Sep) - 14:30 MT
🇺🇸US - Services / Composite PMI (Oct) - 15:45 MT
🇺🇸USA - ISM Non-Manufacturing PMI (Oct) - 16:00 MT
🇺🇸 US corporate reporting season
Friday 4, November:
🇩🇪Germany - Services / Composite PMI (Oct) - 10:55 MT
🇪🇺EU - Services / Composite PMI (Oct) - 11:00 MT
🇪🇺Lagarde - 11:30 MT
🇪🇺EU - PPI inflation (Sep) - 12:00 MT
🇺🇸USA - Non-Farm Payrolls (Oct) - 14:30 MT
🇺🇸USA - Unemployment (Oct) - 14:30 MT
🇺🇸 US corporate reporting season
*MT = MetaTrader Time = GMT+2
#MarketNews
✨Good Monday, everyone! Let's have a look at the main headlines ahead of the volatile week!
📉Chinese stocks are under pressure after weaker-than-expected PMI data and fresh lockdowns against Covid-19.
🗂This week, we will see the earnings reports by AIG, Pfizer, AMD, Electronic Arts, Booking, Robinhood, Paypal, and many other American companies, Don't forget to check the forecasts in the economic calendar before the releases.
👀As the Fed is expected to raise the interest rate this week, it adds pressure to the Japanese yen. USDJPY has gained 0.36% since the start of today's trading session.
❗️Twitter will be delisted from the New York Stock Exchange on November 8. All positions for the Twitter stock will be closed at the latest price.
🇧🇷In Brazil, former president Lula de Silva won the second round of Brazil's presidential elections, overcoming his rival. The 76-year-old politician’s win represents the return of the left into power in Brazil.
🇪🇺Eurozone's inflation soared to a fresh high, with consumer prices jumping by 10.7% from a year ago in October, exceeding the forecast of 9.9%.
🤩 Read the full story and info about the technical levels here: https://bit.ly/3DnYBvT
☘️What are you trading today? Share in the comments!
✨Good Monday, everyone! Let's have a look at the main headlines ahead of the volatile week!
📉Chinese stocks are under pressure after weaker-than-expected PMI data and fresh lockdowns against Covid-19.
🗂This week, we will see the earnings reports by AIG, Pfizer, AMD, Electronic Arts, Booking, Robinhood, Paypal, and many other American companies, Don't forget to check the forecasts in the economic calendar before the releases.
👀As the Fed is expected to raise the interest rate this week, it adds pressure to the Japanese yen. USDJPY has gained 0.36% since the start of today's trading session.
❗️Twitter will be delisted from the New York Stock Exchange on November 8. All positions for the Twitter stock will be closed at the latest price.
🇧🇷In Brazil, former president Lula de Silva won the second round of Brazil's presidential elections, overcoming his rival. The 76-year-old politician’s win represents the return of the left into power in Brazil.
🇪🇺Eurozone's inflation soared to a fresh high, with consumer prices jumping by 10.7% from a year ago in October, exceeding the forecast of 9.9%.
🤩 Read the full story and info about the technical levels here: https://bit.ly/3DnYBvT
☘️What are you trading today? Share in the comments!
🤩Do you know about volume indicators in trading?
If you trade stocks, you have information about the volumes of trading provided by a stock exchange. This info allows you to see whether market players back up a price's trend or not. On the currency market, the situation is different, but traders can still get insights from volumes.
🎯 In the new article on the FBS website, traders can find out a lot of useful information about volumes on Forex and how to use them in trading. Hurry up to read!
If you trade stocks, you have information about the volumes of trading provided by a stock exchange. This info allows you to see whether market players back up a price's trend or not. On the currency market, the situation is different, but traders can still get insights from volumes.
🎯 In the new article on the FBS website, traders can find out a lot of useful information about volumes on Forex and how to use them in trading. Hurry up to read!
🇨🇦🇯🇵#CADJPY
CADJPY is moving in the rising channel.
👆If the price breaks above 109.00, consider buying with the target at 109.45.
👇If the price loses support trend line, consider selling with the target at 108.20.
✅START TRADING ✅
CADJPY is moving in the rising channel.
👆If the price breaks above 109.00, consider buying with the target at 109.45.
👇If the price loses support trend line, consider selling with the target at 108.20.
✅START TRADING ✅
🇪🇺🇺🇸#EURUSD
🔥Watch out! EURUSD is testing the descending trend line and the 50-day moving average from the above!
The price might reverse now! Look for any confirmations of a reversal and buy the pair with the target at 0.9970 and 1.0000.
❗️Do not forget about SL❗️
✅START TRADING ✅
🔥Watch out! EURUSD is testing the descending trend line and the 50-day moving average from the above!
The price might reverse now! Look for any confirmations of a reversal and buy the pair with the target at 0.9970 and 1.0000.
❗️Do not forget about SL❗️
✅START TRADING ✅
