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Market news & trade ideas & analysis and more by FBS team More analytics: https://bit.ly/3q6UAUi Start trading with FBS: https://bit.ly/2NH9X88 Channel rules: https://telegra.ph/FBS-analytics-chat-rules-11-22
🥇#XAUUSD
☀️Morning, traders!
🟢XAUUSD declined to the support trend line. Hence, until the price breaks below this trend line, you might be looking for BUY trades with the targets at 1812, 1814.50, 1817, and 1822.
🔴However, as soon as the price loses this support, we will be selling with the target of 1798.00.
Are you buying or selling gold right now?
✅START TRADING ✅
🥇#XAUUSD
🤔XAUUSD is slowly moving toward the resistance level. What is next?
The price is moving inside the rising inverted wedge (channel) and getting close to the 1812.00 resistance, which is the 78.6 Fibonacci level. Thus, we have to watch the price reaction to this level closely.
🟢If the price breaks above, it might keep going toward the 1822.00.
🔴In case of rejection, consider selling XAUUSD with the targets at 1804.00 and 1798.00.
Do you think XAUUSD will reach 1822.00 or 1804.00 first?
✅START TRADING ✅
#MarketNews
💫Happy Tuesday, dear traders! Here is some news, moving the markets right now!
🚗Tesla extends production shutdown at Shanghai factory amid Covid-19 outbreak.
🇨🇳China will reopen borders despite a rise in Covid-19 cases.
📈US, Asian and global stocks remain down about 20% this year, the worst annual performance since 2008.
🥇XAUUSD breaks above the 1804.00, 61.8 Fibonacci level as the USD declines. The next major resistance is 1812.00.
🇭🇰🇦🇺Equities markets in Hong Kong and Australia remain closed Tuesday.
☢️There is deathly silence in the crypto market. Out of boredom, analysts draw different figures of technical analysis. Judging by them, #BTC is at a tipping point, and a massive momentum is approaching.
📉 Elon Musk, Sam Benkman-Fried, Jeff Bezos, and Mark Zuckerberg made it to The Guardian's list of the worst tech executives of 2022.
Read the full report: bit.ly/3FTwLZL
💫Support and Resistance Examples📈
Traders learn about support and resistance almost at the beginning of the technical analysis. However, there are still many ways how to build them. Let’s look through the examples of support and resistance in the real market condition✨
🔹Supply and Demand zones
Supply and demand zones are often the most important levels on the chart and probably the best levels to trade once they are created.
🔹Pivot Points
Pivot Points can determine the general trend of the market over different time periods. Soon we’ll release a unique pivot point indicator from the FBS analytics team, so stay tuned and hit 🔥 reaction!
🔹Support and Resistance key level
Basically, there are several crucial price levels on the chart. So by marking the key support and resistance, traders can easily identify possible entry and exit points.
🔹Fibonacci
Fibonacci retracement levels provide support and resistance levels that can be used to set price targets.
🔹Trendline
Support/resistance of a certain level, found using a trendline or any other method, is considered stronger the more the price has historically failed to go beyond it.
🔹Daily highs/lows
The crucial support and resistance levels can be visible by connecting daily highs and lows.
👌🏻Even simple instruments can have several ways of usage! What is your favorite of them? Share in the comments!⬇️
Stay tuned for the task to check your knowledge a little later! 👀
#MarketNews
💫Happy Monday, dear traders! Hope you had a great weekend and you’re ready for the last trading week in 2022! Later this week we’ll announce an exciting announcement for you, but now let’s look through some interesting news!
☢️The richest crypto billionaires in the world have lost $116 billion since March. Of the 17 richest, 15 lost more than half of their fortune, and it was reset to zero for three.
🍎Apple may lose record revenue for the first time in 3.5 years. Apple's production has been threatened due to the massive wave of COVID in China, which could lead to a possible labor shortage. Analysts say the company's fourth-quarter 2022 revenue will be below the record $123.9 billion earned a year earlier.
🛢Russia may have to limit the volume of oil production, but it will be a matter of principle not to supply oil at prices set by the Western countries, Russian Finance Minister Siluanov said.
❄️A snowstorm that hit the United States led to a record decline in natural gas production. At the same time, the level of gas consumption in the United States has risen to the highest since the beginning of 2019. XNGUSD is 4.889.
🇹🇷Turkish President Erdogan intends to tell the Turkish people "interesting news" on gas. Erdogan will discuss with the Cabinet of Ministers the mechanisms for implementing the "gas hub" project proposed by Putin. XBRUSD is 84.47.
🇦🇺BofA claimed ECB monetary tightening usually supports the euro. Still, the EUR could weaken if peripheral countries such as Italy, Greece, etc. come under pressure due to more aggressive ECB policies.
🇰🇷🇰🇵South Korea took off warplanes and attack helicopters and fired warning shots on Monday after North Korean drones violated its airspace, the South Korean military said.
Read the full report: https://bit.ly/3GszPh7
✨Stay tuned with us, and keep trading with FBS! Join here: https://bit.ly/2NH9X88
#forexeducation
💫Let's find out how well you know the reversal patterns!
What do you see in the picture below?
Is it...
🟢 a tweezers bottom;
🟣 a bullish harami;
🔵 a morning star;
🔴 a piercing line?
#FOMC #PressConference
🗣Here's what the Fed's Powell is saying:
📈A gradual tapering process that concludes around the middle of next year is likely to be appropriate.
📈Virus fears weighing on employment growth but should diminish over time.
📈Tapering decision may be made in November.
📈No one knows where the economy will be in a year.
#Fed #MarketNews
💥FOMC: If progress continues broadly as expected, the Committee judges that a moderation in the pace of asset purchases may soon be warranted.
Volatility in USD pairs! The Fed's press conference starts in 25 minutes 🙏🏻
Wonderful news for FBS traders! We’ve added 30 German stocks from Frankfurt Stock Exchange (FSE).
Check out the top 3 German stocks➡️https://bit.ly/3CB0zXP
By the way, they are at the dips, and it couldn't be a better time to buy them! 🤩
How is your trading session going on❓ We have a trade idea for you❗️😊
EUR/USD is aiming for breakout through downtrend resistance line.
Not an investment recommendation.
Did you hear about our new stocks? 🤩
We just added a set of 30 new stocks for all of our wonderful stock traders! Are you excited?
The new stocks are based on the Frankfurt Stock Exchange (FSE) and will be open for trading during the FSE working hours: 10:00 till 18:00 MT time.
✅ The list of new stocks includes giants like BMW, Porsche, Adidas, Puma, and more! FBS has a wide range of stocks for you to choose from, and we hope the new ones will make your trading experience even better.
Remember that with FBS, you can trade stocks both in MetaTrader 5 and in the FBS Trader app! 💚
Before trading, today, be aware of the latest news:
🤑A selloff in stocks stopped. S&P 500 has reversed up from the 100-day moving average. It should be the perfect time to buy the index.
🤔The Reserve Bank of Australia warned about the slow rebound from lockdowns and claimed it wasn’t going to increase the cash rate before 2024. This is actually negative news for the Australian dollar. However, AUD/USD has surged at the start of the day driven by the overall risk-on sentiment.
👀All eyes are on Wednesday’s Federal Reserve meeting. The US central bank is expected to start laying the groundwork for scaling back stimulus. If it hints at tapering, it will push the USD up.
😔China’s assets are touching the dips driven by worries over Evergrande, the Chinese second-largest property developer by sales. The company’s stock dropped at the weekly opening by over 10%, as the company faces financial problems: its liabilities reached $305 billion.
💫Gold has started recovering, ending yesterday with gains in the $1760 level. Crude oil prices are edging higher as well.
🤩Watch the trading plan for today! https://youtu.be/p1bM9WIQEbo
🤓Here is tech analysis for you https://bit.ly/3hOTY4c
💸 Bitcoin is oversold and a small bullish wave is expected. But be careful, cryptocurrency is especially volatile today!
✅Make your own research, Information is not investment advice.
Hi, guys!✋ How is your trading session❓
Brent falls on Monday as China reports 43 fresh COVID-19 cases.😱 We believe the correction is not over yet! Do you want to learn more❓❗️
We have prepared XBR/USD overview in our Tradingview channel!
❗️Follow our Tradingview profile and enjoy more daily market overviews❗️
➡️Read the idea: https://bit.ly/3hON0w0
➡️Follow the profile: https://bit.ly/2Xq2U93
Guys, do you follow this amazing market?😋
It looks like the US dollar chose a middle-term trend direction! ✅
EUR/USD broke through the big level of $1.1750! We expect this pair to return back and retest this level from the below, and keep the downtrend after! ⬇️
What do you think❓
🚀Do you want to understand the market better? Then, you should know what affects the market
📆Check our video to understand the benefits the Economic Calendar may bring traders
https://bit.ly/3C0V9HR
#GBPUSD
📉 The pair is about to break through the 200-period MA on the H4 timeframe. If so, GBP will slide lower to the support of 1.1870 and may fall even further later.
📍 Sell traders should wait for the breakout before entering the trade, then place take profits on 1.1870 and 1.1630 levels. Stop Loss is 1.2134
Are you selling?
✅START TRADING ✅
And now let’s check how you understand the topic! Here are several charts with support and resistance. Can you say which one is where? 👀
Читать полностью…
😎We also analyzed the market and prepared predictions on the most popular assets' movements in January 2023.
🇺🇸Buy US dollar. The US dollar index reached the historical support level of 103.60, the January 2017 and March 2020 high. The price has already demonstrated a reaction to this level. Thus, the US dollar index might bounce, reaching 108.00 and offering an opportunity to buy USD/*** pairs.
🛢Buy XBRUSD. Sanctions versus Russia, Chinese Covid-10 lockdowns easing, military conflicts escalations, and sector underinvestment. All these factors can push oil prices in January. XBRUSD bounced from the massive support and may bounce to $100.00.
🥇Sell XAUUSD. In December, buyers attempted to break above $1820 in XAUUSD, but they failed. Moreover, the US dollar strengthening will press the yellow metal. Thus, we expect XAUUSD to decline to 1700 at the beginning of 2023.
☢️Sell BTCUSD. Crypto market volatility fell to historic lows in December as investors left the market amid geopolitical concerns and hawkish central banks’ monetary policy. The breakout below the recent low will open the way to $12 000 for BTCUSD.
⛽️Sell XNGUSD. Winter in Europe turned out to be warmer than it was expected. Moreover, Russian Deputy Prime Minister Alexander Novak stated Moscow is ready to resume gas supplies to Europe through the Yamal-Europe Pipeline. XNRUSD broke below the 5.35 support level and might decline to 3.60.
Do you agree? Let's discuss in the comments!
#MarketNews
🔥 Good morning, traders! We have waited for it, and we have had it! Yesterday’s Fed’s meeting was hot, let’s go through it briefly.
💉Vaccination is at a normal pace, but health risks are still present. The employment rate is recovering. 🥇Gold plunged more than 1%.
💸 Tapering will be finished in the next year. First tapering decisions are to be made in November. The overall vibe of the meeting was rather hawkish. 🦅
💵 USD surged vs. 💶EUR (700 points), 💴 JPY (390 points), and other pairs. 📈 S&P 500 has again stood up and now is returning to the channel. 🏅Cryptocurrency is rising as well, with Bitcoin has gained more than 3.2% over the last 12 hours.
🇨🇳Chinese central bank injected cash into the banking system in an attempt to support Evergrande. The company says it settled a bond coupon payment and current threats are dissolving. HK50 index soared more than 4% in several hours.
🍏 Due to Apple’s privacy update, Facebook is concerned its revenue will decrease substantially. The stock had lost 4%.
🍀 What are you focus for today? Let’s discuss this in the comments!
#FOMC #Powell
💵
...And Powell sounds rather hawkish! So we see technical levels making the USD reverse up!
That's what they call 'trading the news'!
#Fed #USD
💥FOMC members updated their forecasts for a rate increase: no one expects a rate hike in 2021, and the view for 2022 is split 9-9 between a hike and no hike. This is probably what the USD doesn't like.
💥Progress on vaccinations will likely continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook remain.
Major pairs and gold have reached support/resistance levels. Get ready for another swing as the Fed's Powell is about to speak!
Guys are you ready for today's market shake?
Today at 21:00 MT the head of Federal Reserve Jerome Powell will speak about the future of the US monetary policy. Traders from all over the world await the tapering announcement, but will it happen today? How will the meeting affect the USD and other assets? We'll get to know soon!
😎Our analysts prepared trade ideas for both outcomes! Read the article and get prepared for this significant event!
➡Read the article: https://bit.ly/39tqCUi
#TradingNews
📣Key market driver: FOMC statement
What will happen?
The FOMC, a committee within the Federal Reserve, will hold an important meeting and press conference on September 22 at 21:00 MT time (GMT+3). FOMC’s comments will hugely affect the US dollar and thus all the pairs with the USD and US indices such as S&P 500 (US500), Nasdaq (US100), etc. This committee will discuss what time to start reducing bond buys and hiking interest rates.
Why is it important?
All the market participants are waiting eagerly for this moment as it will bring volatility to the markets. However, most analysts don’t expect any hawkish moves from the Fed this time as the US Inflation Rate came out lower than expected and it can ease pressure on the Fed.
Last time, the Federal Reserve was dovish. Therefore, the USD weakened and EUR/USD surged by 300 points only in 1 hour! After that, EUR/USD continued rising further as the Fed meeting has a long-term effect on the markets.
How to trade on the FOMC Statement?
⬆If the FOMC hints at tapering sooner than expected, the USD will rise.
⬇Otherwise, fall.
Instruments to trade: EUR/USD, GBP/USD, XAU/USD, US500
😎That day has come, guys! The Fed will hold a meeting at 21:00 GMT+3. It can be a highly impactful event. The markets expect the bank to hint about the timing of tapering.
💬Fed Chair Jerome Powell holds a press conference at 21:30 GMT+3 which can become the main driver of the market reaction. Dovish comments will press the USD down, while comments about soon tightening will push the USD up. Look how markets reacted last time😱 -> https://bit.ly/39sq40Y
😬Concerns over China Evergrande Group’s debt crisis eased. The Hang Seng index has reversed up today and jumped back above 24,000.
👨💻The Bank of Japan kept policy unchanged and reinforced expectations the BOJ will maintain its massive stimulus even as other countries are getting ready for withdrawal of financial support. As a result, the JPY dropped and USD/JPY rocketed above 109.50.
Tech analysis🤗 -> https://bit.ly/39ohLDr
Do you believe in technical analyses or prefer to trade on news❓😏
Tomorrow FOMC will host the press conference and we are absolutely positive the market will explode after😱
We have prepared the US dollar index overview in our Tradingview channel✅ Hopefully you will find it interesting and helpful😊
❗️Follow our Tradingview profile and enjoy more daily market overviews❗️
➡️Read the idea: https://bit.ly/3ECJuyw
➡️Follow the profile: https://bit.ly/2Xq2U93
✅ BTC/USD FIRST TARGET DONE
✅ The price had reached our target ($44 100) in less than 1 hour, do you trade with us? Share in the comments!
By the way, don't forget to move your stop losses in break-even area, we don't want you to lose money on profitable trades! 🍀
#Chat
Have you seen the markets today?
🔻US500 is falling towards 4335 (100-day SMA)
🔻BTC/USD dropped below $44 000
🔻GBP/USD is on the way to 1.3630
Are you among the happy sellers? Or do you think the market will reverse soon?
#MarketNews
⭐️Hi fellow traders! This week will be hot, with tons of economic data to trade on. This opportunity shouldn’t be missed! ⭐️
But now let’s check the news:
🍏Due to surging gas prices, the largest nitrogen (it’s fertilizer) complex in the world had to shut down its plants, which affected the price. Now surging fertilizer costs risk making food even pricier next year.
💶 The amount of corporate bonds investors can trade in Europe is shrinking for the first time since 2005. Investments decrease happens due to banks´ stimulus and now is threatening to EUR and overall European economic activity.
🇩🇪German MoM PPI is better-than-expected (1.5% vs. 0.8%)
💸 Bitcoin is plunging sharply with the current price at $45 700. The price managed to cross the resistance at $48 100, but not for long. Now the target could be under the $42 000 level.
🔻S&P 500 has closed the week under 50-MA on the daily chart! This is a bearish sign and now we can expect a move to 4330, where 100-MA is located.
🍀What is your main focus for today? Let’s discuss!
💰 Ethereum (ETH/USD) has formed a flag pattern, which usually means further rise, but will the price hold with Bitcoin plunging?
📈 Is it buy or sell? 📉
Tell us in the comments! 🍀
