Forwarded from FreshForex Analytics EN
πΊπΈThe US failed to reach an agreement with Iran on a nuclear deal and uphold sanctions against the Islamic Republic.
πFor oil prices, this is a positive signal, as earlier traders feared the return of Iranian oil to the world market after the lifting of sanctions.
π Investment idea: buy limit #WTI 91.01, take profit 92.25.
πFor oil prices, this is a positive signal, as earlier traders feared the return of Iranian oil to the world market after the lifting of sanctions.
π Investment idea: buy limit #WTI 91.01, take profit 92.25.
Forwarded from FreshForex Analytics EN
π¬π§The Bank of England will increase the maximum volume of daily auctions for the purchase of government bonds as part of a temporary program, the launch of which it announced on September 28.
π"The Bank is prepared to deploy this unused capacity to increase the maximum volume of the remaining five auctions above the current level of up to Β£5 billion per auction," it said in a statement.
πThe British government debt market is showing growth today, which is favorable for the pound..
π Investment idea: buy limit GBPUSD 1.1025, take profit 1.1119.
π"The Bank is prepared to deploy this unused capacity to increase the maximum volume of the remaining five auctions above the current level of up to Β£5 billion per auction," it said in a statement.
πThe British government debt market is showing growth today, which is favorable for the pound..
π Investment idea: buy limit GBPUSD 1.1025, take profit 1.1119.
Forwarded from FreshForex Analytics EN
π¬π§Positive news from the UK.
1οΈβ£The Bank of England from 11 to 14 October will increase purchases of government bonds to support the debt market.
2οΈβ£The unemployment rate in the UK fell to a 45-year low and reached 3.5%.
π Investment idea: buy limit GBPUSD 1.1015, take profit 1.1094.
1οΈβ£The Bank of England from 11 to 14 October will increase purchases of government bonds to support the debt market.
2οΈβ£The unemployment rate in the UK fell to a 45-year low and reached 3.5%.
π Investment idea: buy limit GBPUSD 1.1015, take profit 1.1094.
Forwarded from FreshForex Analytics EN
π£Bloomberg has voiced the hypothesis of an increase in the shortage of oil in the world market, and we fully agree with this.
1οΈβ£At the last OPEC+ summit, it was decided to cut oil production by 2 million b/d. Two million barrels a day is in theory, in practice the reduction will be half as much, since many countries produce oil below the previously agreed quotas.
2οΈβ£An additional impact on the supply deficit will be the United States, which will buy black gold in its strategic reserve from November. The American strategic reserve has lost weight to a minimum since 1984 - the States are actively supplying oil to the market in the hope of reducing the cost of energy resources before the November 8 congressional elections. After the elections, the US will begin to replenish its strategic reserve.
π Investment idea: buy limit #BRENT 92.40, take profit 95.37.
1οΈβ£At the last OPEC+ summit, it was decided to cut oil production by 2 million b/d. Two million barrels a day is in theory, in practice the reduction will be half as much, since many countries produce oil below the previously agreed quotas.
2οΈβ£An additional impact on the supply deficit will be the United States, which will buy black gold in its strategic reserve from November. The American strategic reserve has lost weight to a minimum since 1984 - the States are actively supplying oil to the market in the hope of reducing the cost of energy resources before the November 8 congressional elections. After the elections, the US will begin to replenish its strategic reserve.
π Investment idea: buy limit #BRENT 92.40, take profit 95.37.
Forwarded from FreshForex Analytics EN
πͺπΊ The ECB has published fresh statistics on changes in assets on its balance sheet. The indicator decreased by β¬39 billion, against an increase of β¬33 billion a week earlier.
πΌ The ECB is reducing its balance sheet, which is favorable for the euro.
π Investment idea: buy EURUSD 0.9715, take profit 0.9771.
πΌ The ECB is reducing its balance sheet, which is favorable for the euro.
π Investment idea: buy EURUSD 0.9715, take profit 0.9771.
Forwarded from FreshForexEN
October 17th
#DJI30 Buy position
Support levels: 29758 β 29513
Resistance levels: 30155 β 30426
GBPUSD Buy position
Support levels: 1.1250 β 1.1178
Resistance levels: 1.1358 β 1.1413
#DJI30 Buy position
Support levels: 29758 β 29513
Resistance levels: 30155 β 30426
GBPUSD Buy position
Support levels: 1.1250 β 1.1178
Resistance levels: 1.1358 β 1.1413
Forwarded from FreshForexEN
October 18th
#SP500 Buy position
Support levels: 3721 β 3679
Resistance levels: 3790 β 3844
AUDUSD Buy position
Support levels: 0.6285 β 0.6211
Resistance levels: 0.6363 β 0.6439
#SP500 Buy position
Support levels: 3721 β 3679
Resistance levels: 3790 β 3844
AUDUSD Buy position
Support levels: 0.6285 β 0.6211
Resistance levels: 0.6363 β 0.6439
Forwarded from FreshForexEN
October 19th
#SP500 Buy position
Support levels: 3722 β 3665
Resistance levels: 3805 β 3850
XAUUSD Sell position
Support levels: 1638 β 1619
Resistance levels: 1652 β 1668
#SP500 Buy position
Support levels: 3722 β 3665
Resistance levels: 3805 β 3850
XAUUSD Sell position
Support levels: 1638 β 1619
Resistance levels: 1652 β 1668
Forwarded from FreshForexEN
October 20th
#SP500 Buy position
Support levels: 3660 β 3627
Resistance levels: 3762 β 3805
USDCNH Sell position
Support levels: 7.1990 β 7.1420
Resistance levels: 7.2650 β 7.3380
#SP500 Buy position
Support levels: 3660 β 3627
Resistance levels: 3762 β 3805
USDCNH Sell position
Support levels: 7.1990 β 7.1420
Resistance levels: 7.2650 β 7.3380
Forwarded from FreshForex Analytics EN
π¬π§Lise Truss is trying to convince Parliament that she is still capable of working as Prime Minister of Great Britain, while half of the MPs are already dissatisfied with the Prime Minister's policy and offer her to resign.
Liz Truss has "hours, not days left" as prime minister, according to The Telegraph, which was the first to predict the resignation of Prime Minister Boris Johnson.
πThe upcoming resignation of Liz Truss is positively perceived by investors - we see the growth of British government bonds.
π Investment idea: buy limit GBPUSD 1.1184, take profit 1.12700
Liz Truss has "hours, not days left" as prime minister, according to The Telegraph, which was the first to predict the resignation of Prime Minister Boris Johnson.
πThe upcoming resignation of Liz Truss is positively perceived by investors - we see the growth of British government bonds.
π Investment idea: buy limit GBPUSD 1.1184, take profit 1.12700
Forwarded from FreshForex Analytics EN
πΊπΈThe US oil strategic reserve has fallen to 405 million barrels, which is the lowest level since June 1984!
π’The US Department of Energy will soon have to replenish stocks, which will increase demand for hydrocarbons and positively affect oil prices.
π Investment idea: buy limit #BRENT 90.82, take profit 92.60
π’The US Department of Energy will soon have to replenish stocks, which will increase demand for hydrocarbons and positively affect oil prices.
π Investment idea: buy limit #BRENT 90.82, take profit 92.60
Forwarded from FreshForex Analytics EN
πThe yield of US ten-year government bonds reached a 15-year high, which is positive for the growth of USDJPY quotes.
π―π΅The Bank of Japan does not intervene to strengthen the yen and is limited only to talking about supporting price stability, which is also positive for the continuation of the uptrend in the USDJPY pair.
π Investment idea: buy limit USDJPY 150.27, take profit 150.71
π―π΅The Bank of Japan does not intervene to strengthen the yen and is limited only to talking about supporting price stability, which is also positive for the continuation of the uptrend in the USDJPY pair.
π Investment idea: buy limit USDJPY 150.27, take profit 150.71
Forwarded from FreshForexEN
October 21th
#BRENT Buy position
Support levels: 90.05 β 88.95
Resistance levels: 91.47 β 92.60
XAUUSD Sell position
Support levels: 1610 β 1601
Resistance levels: 1624 β 1637
#BRENT Buy position
Support levels: 90.05 β 88.95
Resistance levels: 91.47 β 92.60
XAUUSD Sell position
Support levels: 1610 β 1601
Resistance levels: 1624 β 1637
Forwarded from FreshForex Analytics EN
π¨πThe Swiss Central Bank is actively asking for help from the US Federal Reserve. At the beginning of the month, the dollar loan was $3.1 billion, then $6.3 billion, this week the figure rose to $11.1 billion
π° Problems with dollar liquidity in Switzerland will contribute to the growth of USDCHF quotes.
π Investment idea: buy limit USDCHF 1.0050, take profit 1.0120
π° Problems with dollar liquidity in Switzerland will contribute to the growth of USDCHF quotes.
π Investment idea: buy limit USDCHF 1.0050, take profit 1.0120
Forwarded from FreshForex Analytics EN
π£ British Prime Minister Liz Truss announced her resignation, the election of a new prime minister will be held next Friday.
π¬π§The political crisis in the United Kingdom is gaining momentum, which has led to sales in the British government debt market and has a negative impact on the value of the pound.
π Investment idea: sell limit GBPUSD 1.1120, take profit 1.1065
π¬π§The political crisis in the United Kingdom is gaining momentum, which has led to sales in the British government debt market and has a negative impact on the value of the pound.
π Investment idea: sell limit GBPUSD 1.1120, take profit 1.1065
Forwarded from FreshForexEN
October 24th
#CocaCola Buy position
Support levels: 52.64 β 50.39
Resistance levels: 55.27 β 58.90
GBPUSD Buy position
Support levels: 1.1285 β 1.1209
Resistance levels: 1.1370 β 1.1444
#CocaCola Buy position
Support levels: 52.64 β 50.39
Resistance levels: 55.27 β 58.90
GBPUSD Buy position
Support levels: 1.1285 β 1.1209
Resistance levels: 1.1370 β 1.1444