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
π¬π§πΊπΈThe growth of the yield spread between short-term UK and US government bonds will have a positive impact on the value of the British currency.
π Investment idea: buy limit GBPUSD 1.1990, take profit 1.2052.
π Investment idea: buy limit GBPUSD 1.1990, take profit 1.2052.
Forwarded from FreshForex Analytics EN
πͺπΊThe cost of natural gas in Europe has reached $2,450 per thousand cubic meters. The indicator is one step away from the historical maximum, and in the coming days we can see a new record for prices.
πSuch dynamics is positive for American gas, which now costs almost 8 times cheaper than European. The difference in prices will gradually narrow as US energy companies increase gas exports to the European market, which will lead to a reduction in blue fuel stocks in US storage facilities.
πInvestment idea: buy limit #GAS 8.845, take profit 9.091.
πSuch dynamics is positive for American gas, which now costs almost 8 times cheaper than European. The difference in prices will gradually narrow as US energy companies increase gas exports to the European market, which will lead to a reduction in blue fuel stocks in US storage facilities.
πInvestment idea: buy limit #GAS 8.845, take profit 9.091.
August 16th
USDCNH Sell position
Support levels: 6.7720 β 6.7540
Resistance levels: 6.8270 β 6.8450
#BRENT Buy position
Support levels: 91.44β 90.08
Resistance levels: 94.37 β 96.79
USDCNH Sell position
Support levels: 6.7720 β 6.7540
Resistance levels: 6.8270 β 6.8450
#BRENT Buy position
Support levels: 91.44β 90.08
Resistance levels: 94.37 β 96.79
Forwarded from FreshForex Analytics EN
πBitcoin is trading near the upper limit according to the Bollinger Bands indicator, which is advisable to use to open sell positions.
πΊπΈThe US Treasury will today hold another round of auctions for the placement of treasury bonds in the amount of $30 billion, which will reduce the surplus of dollar liquidity in the financial system. The withdrawal of liquidity has traditionally had a negative impact on the value of bitcoin.
πInvestment idea: sell limit BTCUSD 24715, take profit 22672.
πΊπΈThe US Treasury will today hold another round of auctions for the placement of treasury bonds in the amount of $30 billion, which will reduce the surplus of dollar liquidity in the financial system. The withdrawal of liquidity has traditionally had a negative impact on the value of bitcoin.
πInvestment idea: sell limit BTCUSD 24715, take profit 22672.