Forwarded from FreshForex Analytics EN
🛢OPEC+ is almost 3 million barrels per day behind its production target.
🧮The gap between the total quota and the actual oil production of OPEC+ members has been growing for more than a year, which is favorable for the growth of oil prices.
📈We expect black gold to rise to the nearest strong resistance level of 98.44.
👉Investment idea: buy limit #BRENT 96.40, take profit 98.44
🧮The gap between the total quota and the actual oil production of OPEC+ members has been growing for more than a year, which is favorable for the growth of oil prices.
📈We expect black gold to rise to the nearest strong resistance level of 98.44.
👉Investment idea: buy limit #BRENT 96.40, take profit 98.44
Forwarded from Serg Udutov
#eurusd
🇪🇺🇺🇸 EUR/USD hits more than 20-year lows and is being quoted at 0.9925.
❗️ Pressure on the euro continues to be exerted by an unprecedented increase in gas prices, which could trigger a full-fledged energy crisis in Europe. At the end of last week, representatives of Gazprom announced that the company would suspend gas supplies via Nord Stream 1 for three days at the end of August, explaining this decision by the need for preventive repairs on the only remaining turbine. Market participants fear that the operation of the gas pipeline will never resume.😱
📉 Analysts recommend shorting EUR/USD with a target of 0.9800.
🇪🇺🇺🇸 EUR/USD hits more than 20-year lows and is being quoted at 0.9925.
❗️ Pressure on the euro continues to be exerted by an unprecedented increase in gas prices, which could trigger a full-fledged energy crisis in Europe. At the end of last week, representatives of Gazprom announced that the company would suspend gas supplies via Nord Stream 1 for three days at the end of August, explaining this decision by the need for preventive repairs on the only remaining turbine. Market participants fear that the operation of the gas pipeline will never resume.😱
📉 Analysts recommend shorting EUR/USD with a target of 0.9800.
Forwarded from Serg Udutov
#xauusd #gold
🟡Gold has been trading lower for the 7th trading session in a row and holds positions around $1735 per ounce.
1️⃣ The pressure on the XAU/USD pair is still exerted by the prospect of further tightening of monetary policy in the United States. Market participants admit that in September the Fed may raise interest rates by 75 basis points, which will be a tailwind for the dollar, which is already renewing multi-year highs.
2️⃣ A negative factor for gold also remains the growth in the yield of US government bonds: at the beginning of the week, the yield on 10-year bonds exceeded 3%, which corresponds to a maximum in several years.
📉 With that said, the XAU/USD pair maintains downside potential to $1720.
🟡Gold has been trading lower for the 7th trading session in a row and holds positions around $1735 per ounce.
1️⃣ The pressure on the XAU/USD pair is still exerted by the prospect of further tightening of monetary policy in the United States. Market participants admit that in September the Fed may raise interest rates by 75 basis points, which will be a tailwind for the dollar, which is already renewing multi-year highs.
2️⃣ A negative factor for gold also remains the growth in the yield of US government bonds: at the beginning of the week, the yield on 10-year bonds exceeded 3%, which corresponds to a maximum in several years.
📉 With that said, the XAU/USD pair maintains downside potential to $1720.
Forwarded from FreshForexEN
August 24th
GBPUSD Sell position
Support levels: 1.1760 – 1.1712
Resistance levels: 1.1846 – 1.1920
#DAX30 Sell position
Support levels: 13007 – 12873
Resistance levels: 13222 – 13379
GBPUSD Sell position
Support levels: 1.1760 – 1.1712
Resistance levels: 1.1846 – 1.1920
#DAX30 Sell position
Support levels: 13007 – 12873
Resistance levels: 13222 – 13379
Forwarded from FreshForex Analytics EN
🛢The American Petroleum Institute reported a reduction in black gold reserves in US storage facilities by 5.6 million barrels.
📉Commercial oil reserves in the United States are at a seven-year low, and the strategic oil reserve has fallen to 1985 levels. Reduction of reserves is favorable for the growth of oil prices.
👉Investment idea: buy limit #BRENT 99.05, take profit 101.38
📉Commercial oil reserves in the United States are at a seven-year low, and the strategic oil reserve has fallen to 1985 levels. Reduction of reserves is favorable for the growth of oil prices.
👉Investment idea: buy limit #BRENT 99.05, take profit 101.38
Forwarded from Serg Udutov
🇺🇸 US LNG plant Freeport LNG has reported a new delay in repairs after the fire: if the company previously planned to resume full-fledged operations in early October, now we are talking about early November.
🇪🇺Freeport LNG sent liquefied natural gas to Europe. Thus, the European Union will have to continue to compete fiercely with Asia for gas supplies, which will help maintain high prices for blue fuel.
👉Investment idea: buy limit #GAS 9.29, take profit 10.12.
🇪🇺Freeport LNG sent liquefied natural gas to Europe. Thus, the European Union will have to continue to compete fiercely with Asia for gas supplies, which will help maintain high prices for blue fuel.
👉Investment idea: buy limit #GAS 9.29, take profit 10.12.
Forwarded from Serg Udutov
🛢 Reuters reported that OPEC countries may agree to cut oil production starting in October;
🇩🇪 Composite PMI in Germany from S&P Global/BME fell to 47.6 in August, hitting a 26-month low;
🇪🇺 Eurozone S&P Global Composite PMI slipped to 49.2, the lowest level in 18 months;
🇺🇸 According to the forecast of experts polled by Reuters, the S&P500 index will end the year at 4280 points;
🏛 JP Morgan analysts are skeptical about the further growth of the US dollar, expecting a slowdown in the pace of tightening US monetary policy.
🇩🇪 Composite PMI in Germany from S&P Global/BME fell to 47.6 in August, hitting a 26-month low;
🇪🇺 Eurozone S&P Global Composite PMI slipped to 49.2, the lowest level in 18 months;
🇺🇸 According to the forecast of experts polled by Reuters, the S&P500 index will end the year at 4280 points;
🏛 JP Morgan analysts are skeptical about the further growth of the US dollar, expecting a slowdown in the pace of tightening US monetary policy.
Forwarded from FreshForexEN
August 25th
USDCNH Buy position
Support levels: 6.8370 – 6.7590
Resistance levels: 6.9210 – 7.0000
#BRENT Buy position
Support levels: 100.88 – 99.57
Resistance levels: 102.08 – 103.36
USDCNH Buy position
Support levels: 6.8370 – 6.7590
Resistance levels: 6.9210 – 7.0000
#BRENT Buy position
Support levels: 100.88 – 99.57
Resistance levels: 102.08 – 103.36
Forwarded from Serg Udutov
#vz
🇺🇸 Shares of the American telecommunications company Verizon Communications Inc. (VZ) hit 7-year lows and are being quoted at $43.52.
📊 The sale of shares intensified against the backdrop of a weak quarterly report. So, in the second quarter, the company earned $33.79 billion, which only slightly exceeded the consensus estimate of $33.74 billion, but earnings per share amounted to $1.31, down from $1.35 a quarter earlier. Apparently, the company's management does not really want to share profits with shareholders.
🧐 Against the backdrop of weak performance, analysts from the financial holding Morgan Stanley assessed the growth prospects of Verizon Communications Inc. as weak and advised investors to refrain from buying the company's shares. Analysts at MoffettNathanson also downgraded the company's rating to undermarket, adjusting its target price from $55 to $41.
📉We recommend shorting VZ shares with a target of $38.
🇺🇸 Shares of the American telecommunications company Verizon Communications Inc. (VZ) hit 7-year lows and are being quoted at $43.52.
📊 The sale of shares intensified against the backdrop of a weak quarterly report. So, in the second quarter, the company earned $33.79 billion, which only slightly exceeded the consensus estimate of $33.74 billion, but earnings per share amounted to $1.31, down from $1.35 a quarter earlier. Apparently, the company's management does not really want to share profits with shareholders.
🧐 Against the backdrop of weak performance, analysts from the financial holding Morgan Stanley assessed the growth prospects of Verizon Communications Inc. as weak and advised investors to refrain from buying the company's shares. Analysts at MoffettNathanson also downgraded the company's rating to undermarket, adjusting its target price from $55 to $41.
📉We recommend shorting VZ shares with a target of $38.
Forwarded from FreshForex Analytics EN
📊Bitcoin has historically been heavily dependent on the dynamics of dollar liquidity in the financial system.
🇺🇸Due to the operations of the US Treasury and the Fed, liquidity will decrease by $88 billion this week, which is 20% more than last week, when the cryptocurrency fell by 7.1%.
👉Investment idea: sell limit BTCUSD 20250, take profit 19080.
🇺🇸Due to the operations of the US Treasury and the Fed, liquidity will decrease by $88 billion this week, which is 20% more than last week, when the cryptocurrency fell by 7.1%.
👉Investment idea: sell limit BTCUSD 20250, take profit 19080.
Forwarded from FreshForex Analytics
🇩🇪Резкий рост цен на природный газ в Европе приведет к сокращению промышленного производства в Германии, поскольку многих немецким заводам проще приостановить производство, чем выпускать продукцию при ценах $3240 за тысячу кубометров, что в 9 раз выше среднего показателя за последнее десятилетие.
👉 Инвестиционная идея: sell limit #DAX30 13390, take profit 13039.
👉 Инвестиционная идея: sell limit #DAX30 13390, take profit 13039.
Forwarded from Serg Udutov
📣The head of the US Federal Reserve signaled to traders that interest rates in the US will actively increase until the end of the year in order to prevent the development of hyperinflation, which is negative for the stock market.
👉Investment idea: sell limit #NQ 12553, take profit 12237.
👉Investment idea: sell limit #NQ 12553, take profit 12237.