FBS Analytics

2023-12-29 16:36:20 Dear traders!

As we approach the final trading day of 2023, we express our gratitude for your support. May the coming year bring you unlimited prosperity, good health and many successful transactions!

Feel free to share gifs and memes that reflect your unique trading journey throughout the year in the comments!

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@fbsanalytics Open / Comment

2023-12-29 15:53:12 All eyes on the US500!

US500 on M30 bounced off the strong 4800 resistance level and broke the lower trend line, which may signal the start of a bearish move.

Trade: Sell US500 on a breakout below 4789
TP: 4780

Smash if you agree! Support other traders!

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@fbsanalytics Open / Comment

2023-12-29 14:52:57 GBPUSD alert!

GBPUSD at 1H broke a central descending channel and changed direction. The price bounced off the support at 1.2700 and is actively rising. In addition, it is above the moving averages, indicating that the bullish momentum may continue.

Trade: Buy GBPUSD
TP1: 1.2780
TP2: 1.2820

Hit if you're going to take it!

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@fbsanalytics Open / Comment

2023-12-29 10:44:43 #MarketNews

Happy Friday, dear traders! Let's take a look at the major news on the last trading session of this year!

The US dollar is facing competition in commodity markets: this year, 20% of oil has been sold in currencies other than the dollar.

On Thursday, the Dow Jones index (US30) reached a new record closing high of 37 710, while the S&P 500 (US500) did not achieve its historical peak and closed at 4783.

China is set to become the world's leading exporter of automobiles for the first time, driven by increased sales in Russia.

The United States has extended the quota system for duty-free imports of steel and aluminum from the European Union for an additional 2 years.

The U.S. aviation regulator has requested inspections of Boeing (#BA) 737 MAX planes for a potential issue in the steering system.

Ark Invest and 21Shares have submitted a revised application for a spot Bitcoin exchange-traded fund (BTCUSD). Today marks the deadline for submitting updated applications for spot BTC-ETFs, at least for this year.

Half of the Red Sea container ship fleet is avoiding this route after the attacks. Bypassing Africa takes 25% more time than using the Suez Canal.

Google has reached a resolution for a $5 billion lawsuit concerning data collection in Chrome.

90% of foreign funds that entered China's stock market in 2023 have already exited, fueled by growing doubts about Beijing's readiness to take significant measures to stimulate slowing economic growth.

What are your expectations from the last trading session of the year? Share your thoughts in the comments.

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@fbsanalytics Open / Comment

2023-12-28 17:39:17 #meme

We hope your trading strategy worked this week, guys Open / Comment

2023-12-28 15:40:32 XAUUSD Detailed Analysis!

Recently, XAUUSD experienced volatility inside the channel with a noticeable pullback from the resistance level of 2088 and is near the lower trend line. Now the price is at the support at 2074, and two scenarios are possible:

If XAUUSD bounces off the lower trend line, it will go up to the 2081 and 2088 levels
But if the price breaks the trend line, it will reach the support level of 2064

Predicting a bullish or bearish move? Share your thoughts in the comments

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@fbsanalytics Open / Comment

2023-12-28 14:22:06 Key moment for USDJPY!

USDJPY continues its big bearish trend and is heading for a big decline. Now the chart has formed a descending channel, within which a correction is possible, so there can be two scenarios:

If the price bounces off the lower trend line, it will reach the resistance level at 141.700.
However, the bearish sentiment is very strong, and it is possible to break below the trend line and decline to 138.800.

What do you think the USDJPY is bullish or bearish today? Share your opinion in the comments!

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@fbsanalytics Open / Comment

2023-12-28 10:44:19 #MarketNews

Good day, traders! It's Thursday, December 28, 2023. Let's quickly delve into the key financial highlights of the day:

The US dollar is getting cheaper against the euro, yen, and pound sterling as traders focus on US interest rate cuts next year.

Stock indices of the largest countries of the Asia-Pacific region showed positive dynamics; the only exception is the Japanese stock market.

US stock indices ended Wednesday's trading with moderate gains, with the US500 one step away from an all-time high reached in January 2022 and the US30 hitting a new record.

Bank of Japan Governor Ueda said the probability of rates moving out of negative territory in 2024 is "not zero."

Argentina's new authorities put 41 state-owned companies on the list for privatization.

Apple resumes selling watches after appeals court lifts ban.

Chinese smartphone maker Xiaomi unveiled its first SU7 electric car, marking a new milestone for the company.

Americans returned $743 billion worth of purchased goods in 2023, about 14.5% of all goods purchased at retail, according to a report from the National Retail Federation.

Crypto hedge funds recovering from a difficult 2022 are poised for a stronger 2024, buoyed by optimism over potential US approval of a bitcoin-ETF.

Oil prices stabilized and shifted to weak gains after falling the previous day on signals that crude supply in the market exceeded demand.

That's it for today, guys! Click on if you liked our review, and see you soon!

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@fbsanalytics Open / Comment

2023-12-27 18:28:26 GBPUSD pair successfully breached the trend line, signaling an upward trajectory!

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@fbsanalytics Open / Comment

2023-12-27 15:11:23 All eyes on AUDCAD!

Currently, the price is in a range, and just recently, there was a bounce from the lower boundary. Moreover, AUDCAD is above the moving averages, which confirms the upward momentum.

Trade: Buy AUDCAD
TP: 0.9044

Smash if you agree! Support other traders!

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@fbsanalytics Open / Comment