Forwarded from Π‘Π΅ΡΠ³Π΅ΠΉ Π£Π΄ΡΡΠΎΠ²
Forwarded from Π‘Π΅ΡΠ³Π΅ΠΉ Π£Π΄ΡΡΠΎΠ²
#gbpusd
π¬π§πΊπΈ The GBP/USD pair is consolidating around 1.2200.
π On the eve of the significant support for the pound was provided by the decline of the dollar against the backdrop of inflation data in the US. In particular, the consumer price index (CPI) in the US in annual terms fell from 9.1% to 8.5%, while core inflation remained at the same level of 5.9%. Immediately after the release of the report, market participants revised their expectations for a 75 basis point rate hike at the Fed meeting on September 20-21 and now consider a 0.5% increase more likely.
βοΈ Friday's data from the UK on industrial production and GDP dynamics for the second quarter remain in the spotlight of traders. According to forecasts, the statistics will be disappointing, which may bring sellers back into the market.
π Analysts recommend shorting the GBP/USD pair with a target of 1.2000.
π¬π§πΊπΈ The GBP/USD pair is consolidating around 1.2200.
π On the eve of the significant support for the pound was provided by the decline of the dollar against the backdrop of inflation data in the US. In particular, the consumer price index (CPI) in the US in annual terms fell from 9.1% to 8.5%, while core inflation remained at the same level of 5.9%. Immediately after the release of the report, market participants revised their expectations for a 75 basis point rate hike at the Fed meeting on September 20-21 and now consider a 0.5% increase more likely.
βοΈ Friday's data from the UK on industrial production and GDP dynamics for the second quarter remain in the spotlight of traders. According to forecasts, the statistics will be disappointing, which may bring sellers back into the market.
π Analysts recommend shorting the GBP/USD pair with a target of 1.2000.
Forwarded from FreshForex Analytics EN
πThe OPEC oil cartel has published a fresh release on the black gold market.
πInventories in OECD countries are below the five-year average by 236 million barrels, which is favorable for rising oil prices.
πThe production capacity of the largest producers of hydrocarbons is at its peak and in the coming months, the stocks will continue to be low.
πInvestment idea: buy limit #BRENT 97.47, take profit 99.20.
πInventories in OECD countries are below the five-year average by 236 million barrels, which is favorable for rising oil prices.
πThe production capacity of the largest producers of hydrocarbons is at its peak and in the coming months, the stocks will continue to be low.
πInvestment idea: buy limit #BRENT 97.47, take profit 99.20.
#xauusd #gold
π‘ Gold is approaching the $1800 resistance.
βοΈGold is supported by the weakness of the dollar, as well as a decrease in the yield of 10-year US government bonds - gold's main competitor in terms of protective properties.
πInterest from institutional investors is also growing. According to the report of the US Commodity Futures Trading Commission (CFTC), last week the number of net speculative positions in gold reached 124.3 thousand, adding 31.6 thousand at once, which is the most significant weekly increase since November 2021. If this trend continues this week, then it will be possible to state a change in trend.
πAnalysts recommend buying gold with a target of $1850.π
π‘ Gold is approaching the $1800 resistance.
βοΈGold is supported by the weakness of the dollar, as well as a decrease in the yield of 10-year US government bonds - gold's main competitor in terms of protective properties.
πInterest from institutional investors is also growing. According to the report of the US Commodity Futures Trading Commission (CFTC), last week the number of net speculative positions in gold reached 124.3 thousand, adding 31.6 thousand at once, which is the most significant weekly increase since November 2021. If this trend continues this week, then it will be possible to state a change in trend.
πAnalysts recommend buying gold with a target of $1850.π
Forwarded from Π‘Π΅ΡΠ³Π΅ΠΉ Π£Π΄ΡΡΠΎΠ²
Many are now talking about the fact that Bitcoin will not go any lower. Everyone watches small time frames. But if you pay attention to the daily time frame, then the movement to 28500-30000 looks logical and technically justified. At the same time, we draw our attention to the fact that such a small movement of bitcoin globally is no longer justified. Moreover, the more aggressive the bullish trend will be in the near future, the stronger the correction and panic will be in case of a sharp trend change. Crypto winter will come, that's a fact. Any tool needs to throw off the hamsters a little before growing up. Not a recommendation, but our team will merge everything into fiat around 29000. Take care of yourself and your money.
Forwarded from FreshForexEN
August 12th
#SP500 Buy position
Support levels: 4205 β 4133
Resistance levels: 4268 β 4347
EURUSD Buy position
Support levels: 1.0306β 1.0245
Resistance levels: 1.0368 β 1.0426
#SP500 Buy position
Support levels: 4205 β 4133
Resistance levels: 4268 β 4347
EURUSD Buy position
Support levels: 1.0306β 1.0245
Resistance levels: 1.0368 β 1.0426
Forwarded from Π‘Π΅ΡΠ³Π΅ΠΉ Π£Π΄ΡΡΠΎΠ²
π’The OPEC+ deal is still not executing - production is behind the original plan by 1.27 million b/d. The production capacities of almost all parties to the agreement are at their peak, and in the coming months we will continue to see a shortage of supply on the global black gold market, which is favorable for the growth of oil prices.
πInvestment idea: buy limit #BRENT 98.22, take profit 99.57.
πInvestment idea: buy limit #BRENT 98.22, take profit 99.57.
Forwarded from FreshForex Analytics EN
π°The dollar liquidity surplus in the US banking system increased by $15 billion over the past week, which is favorable for the growth of the US NQ100 stock index.
πInvestment idea: buy limit #NQ100 13290, take profit 13442.
πInvestment idea: buy limit #NQ100 13290, take profit 13442.
#ethusd
πͺEthereum maintains a positive trend and is being quoted near $1900.
βοΈThe ETH/USD pair is supported by the expectations that the Ethereum network will soon switch to the Proof-of-Stake (PoS) proof algorithm, to which the largest Goerli test network was recently transferred. Users are now looking forward to September 15 or 16 when the Ethereum mainnet is expected to switch to PoS. After the activation of the update, most experts predict an increase in the bullish dynamics of the asset.
πAccording to CoinShares, major market players invested $16.3 million in ETH-based funds last week alone, and the positive dynamics has been maintained for the seventh week in a row.
πAnalysts recommend buying ETH/USD with a target of $2500.
πͺEthereum maintains a positive trend and is being quoted near $1900.
βοΈThe ETH/USD pair is supported by the expectations that the Ethereum network will soon switch to the Proof-of-Stake (PoS) proof algorithm, to which the largest Goerli test network was recently transferred. Users are now looking forward to September 15 or 16 when the Ethereum mainnet is expected to switch to PoS. After the activation of the update, most experts predict an increase in the bullish dynamics of the asset.
πAccording to CoinShares, major market players invested $16.3 million in ETH-based funds last week alone, and the positive dynamics has been maintained for the seventh week in a row.
πAnalysts recommend buying ETH/USD with a target of $2500.
#dis
πΊπΈ Walt Disney Co. (DIS) hold positions near April highs at $117.50.
1οΈβ£ Prices are supported by the company's positive corporate reporting for the second quarter, as well as July inflation data in the US. In particular, earnings per share amounted to $1.09 instead of the previous $0.96, and revenue reached $21.5 billion against preliminary estimates of $20.96 billion.
2οΈβ£ Investors were also pleased with the significant growth in subscribers of streaming services The Walt Disney Co. in general, the company's services are now used by 221 million people, which exceeded the figure of the main competitor Netflix Inc.
πAnalysts recommend buying DIS shares with a target of $135.
πΊπΈ Walt Disney Co. (DIS) hold positions near April highs at $117.50.
1οΈβ£ Prices are supported by the company's positive corporate reporting for the second quarter, as well as July inflation data in the US. In particular, earnings per share amounted to $1.09 instead of the previous $0.96, and revenue reached $21.5 billion against preliminary estimates of $20.96 billion.
2οΈβ£ Investors were also pleased with the significant growth in subscribers of streaming services The Walt Disney Co. in general, the company's services are now used by 221 million people, which exceeded the figure of the main competitor Netflix Inc.
πAnalysts recommend buying DIS shares with a target of $135.
Forwarded from FreshForex Analytics EN
πΊπΈA delegation of US lawmakers arrived in Taiwan for a two-day visit led by Senator Ed Markey (D-Massachusetts) as part of a larger visit to the Indo-Pacific region.
πThe growth of geopolitical tensions between China and the US will have a favorable effect on the price of gold.
πInvestment idea: buy limit XAUUSD 1780, take profit 1795.
πThe growth of geopolitical tensions between China and the US will have a favorable effect on the price of gold.
πInvestment idea: buy limit XAUUSD 1780, take profit 1795.
August 15th
USDCNH Buy position
Support levels: 6.7610 β 6.7490
Resistance levels: 6.7915 β 6.8025
GBPUSD Sell position
Support levels: 1.2058β 1.1970
Resistance levels: 1.2161 β 1.2210
USDCNH Buy position
Support levels: 6.7610 β 6.7490
Resistance levels: 6.7915 β 6.8025
GBPUSD Sell position
Support levels: 1.2058β 1.1970
Resistance levels: 1.2161 β 1.2210
Forwarded from Serg Udutov
π¨π³The People's Bank of China unexpectedly lowered its key interest rates today in an attempt to prop up a collapsing economy weighed down by covid restrictions and a deepening real estate downturn.
The Central Bank cut the rate on its one-year loans by 10 basis points to 2.75%, and the seven-day reverse repo rate to 2% from 2.1%.
πInvestment idea: sell limit #HSI 20313, take profit 19889.
The Central Bank cut the rate on its one-year loans by 10 basis points to 2.75%, and the seven-day reverse repo rate to 2% from 2.1%.
πInvestment idea: sell limit #HSI 20313, take profit 19889.
1οΈβ£ π¨π° Reserve Bank of New Zealand rate decision on Wednesday. According to forecasts, the key rate will be increased from 2.5% to 3%. If expectations come true, the New Zealand dollar will have the opportunity to strengthen its positions, which could lead to an increase in the NZD/USD pair to 0.6500 .
2οΈβ£ π England inflation data on Wednesday. Analysts predict inflation to rise to 9.8%, which will accelerate the process of sliding the economy into recession. Against this background, the GBP/USD pair may fall to1.1900.
3οΈβ£π’Data on US oil inventories on Wednesday. It is expected that stocks of oil and oil products rose last week, which could put additional pressure on Brent and WTI, provoking a decrease in their value to $92 and $85 respectively;
4οΈβ£ πΊπΈ Minutes of the last meeting of the US Federal Reserve on Wednesday. According to forecasts, the US regulator will once again signal its readiness for further rate hikes in order to fight inflation. Against this background, the dollar index (DXY) may test107.00;
2οΈβ£ π England inflation data on Wednesday. Analysts predict inflation to rise to 9.8%, which will accelerate the process of sliding the economy into recession. Against this background, the GBP/USD pair may fall to
4οΈβ£ πΊπΈ Minutes of the last meeting of the US Federal Reserve on Wednesday. According to forecasts, the US regulator will once again signal its readiness for further rate hikes in order to fight inflation. Against this background, the dollar index (DXY) may test