#meme

⭐️ Happy Saturday, traders! ⭐️

😄 Trading XAUUSD is like being in a toxic relationship – it hurts, but you keep coming back.

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#calendar

⚡️ Another exciting week is ahead, and volatility is in the air!

👀 All eyes on 🇨🇦CAD with Canada's CPI report, set to reveal key inflation insights, and 🇪🇺EUR as the ECB prepares to announce its Main Refinancing Rate—both events could send ripples through the markets!

💬 What do you plan on trading this week? Drop your thoughts👇

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#MarketNews

☀️ Good morning, dear traders! How are you? Let’s discuss the most exciting news for the beginning of the week.

☄️ Cooling job growth in the eurozone, with unemployment expected to rise to 6.7% and job vacancy rates dropping to 2.6%, is fueling calls for the ECB to accelerate rate cuts from the current 3.5% deposit rate starting this week.

💬 Goldman Sachs raised China's 2024 GDP growth forecast to 4.9% (from 4.7%) and 2025 to 4.7% (from 4.3%) following Beijing's announcement of $325 billion in local government bond spending and 200 billion yuan.

🔪 Boeing plans to cut 17,000 jobs or 10% of its workforce, as it faces $5 billion in new costs and aims to restructure amidst ongoing strikes and delayed production.

🇳🇿 New Zealand consumer spending fell 0.7% in the third quarter, following a 2.8% decline in Q2, signaling continued economic weakness despite recent income tax cuts and a 50 basis-point rate cut by the Reserve Bank.

📆 CALENDAR FOR TODAY - 2024.10.14

🔥 Monday:

🇺🇸 FOMC Member Waller Speaks - 22:00 GMT+3

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

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👉💵🇻🇦🛸👈 could fall more than 2% as it fell to the neckline in a head-and-shoulders pattern. The alligator indicator lips crossed the jaw, and there was a divergence on the RSI.

Oil prices could fall further as China's weak economic stimulus signals lower demand from the world's largest oil importer.

#TradeIdea 👇

🔽 Trade: Sell XBRUSD on a breakout below 77.60 and the nearest fractal;
🎯 TP: 75.80;

🔥We want your opinion, so write your ideas in the comments!

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👉🥇🇻🇦🚀👈 is poised to rise over 7,000 points as the price has broken the trendline in a bullish flag. On the Alligator, the lips crossed the neckline, and the price broke the MA50.

🔼 Trade: Buy XAUUSD on a breakout above 2670;
🎯 TP: 2735;

Put 👍 if you agree! Share your opinion in the comments⬇️

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👉🇻🇦🇯🇵👈USDJPY is on the rise. The price navigates within an ascending triangle and faces 149.40, which is aligned with the 261.8 Fibonacci ratio.
The MFI oscillator is in the overbought zone, giving us two potential scenarios:

#TradeIdea 👇

🔼 If the price breaks above the 149.40, it will rise to 151.50 and the 423.6 Fibonacci;
🔽 However, breaking below the trendline will lead to a decline to 148.00.

Hit❤️ if you agree!

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#TradeIdea

👉🇦🇺🇻🇦🌠👈is in the bearish trend, while the price reached the nearest lower fractal.
The Alligator indicator Lips crossed the Jaw downwards, and the Momentum crossed the 100-line down, giving a strong bearish sign.

#TradeIdea 👇

🔽Trade: Sell AUDUSD on a break below 0.6710;
🎯TP: 0.6640.

Hit 👍 if you're bearish on AUDUSD!

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💥Join our first AMA session with the FBS expert Adetola Freeman today, 16:10 GMT+3!

Ask questions, get an masterful view, and trade on major pairs and XAUUSD & Improve your trading journey with FBS! 🚀

🔊Join: https://t.me/fbsanalytics?livestream 🔊

👉🇪🇺🇻🇦👈is in the downtrend and forms a descending triangle pattern.
The DeMarker and %R oscillator shows oversold conditions for the pair, however, the pattern is bearish, giving us mixed sentiment for the asset.

#TradeIdea 👇

🔼 A break of the upper trendline will start a rise to 1.1020 resistance;
🔽 However, breaching below the 1.0910 support will trigger a decline to 1.0860 support.

Hit 👍 if you agree! Are you bullish or bearish?

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