FBS Analytics

Description
Market news & trade ideas & analysis and more by FBS team
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FBS Analytics
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FBS Analytics
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2 months ago
***👉******🇦🇺******🇻🇦******👈***AUDUSD formed a falling wedge pattern …

👉🇦🇺🇻🇦👈AUDUSD formed a falling wedge pattern and tests its upper border.
The Momentum oscillator shows bullish divergences and breaks above the 100-line, giving a sign of a rise toward the 0.6700 resistance.

#TradeIdea👇

*🔼 *If the bulls lift the price above the 0.6700 resistance, the target will be the 0.6750 level;*🔽 *If a retest fails, the price may retreat to the 0.6650 support zone.

Click *👍 if you trade AUDUSD!*

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@fbsanalytics

2 months ago
2 months ago
FBS Analytics
2 months, 1 week ago
*****🥇***** **XAUUSD Buy!**

*🥇 *XAUUSD Buy!

Inverted head and shoulders, momentum above 100.0. Buy!

*🔼 *Trade: Buy XAUUSD on a breakout above 2665;*🎯 *TP1: 2677;*🎯 *TP2: 2685;

Do you agree? Write in the comments

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@fbsanalytics

2 months, 1 week ago
***👉******🥇******🇻🇦******👈***XAUUSD is at a critical point! …

👉🥇🇻🇦👈XAUUSD is at a critical point! Gold is navigating within an expanding channel and tests its upper border.
The MACD histogram crosses the signal line down, however, the 100-MA gives an extra layer of support for the asset. So two scenarios are possible:

#TradeIdea**👇****

*🔼 *If Gold breaks above the upper border, it will reach 2735 at the 161.8 Fibonacci;*🔽 *However, breaking below the 2645 and the 100-MA, will trigger a decline to 2600 support.

🌉 What are your targets for XAUUSD? Write in the comments!

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@fbsanalytics

2 months, 1 week ago
***💵*** On the H4 chart, the …

💵 On the H4 chart, the UsDollar is in a slight correction, after a robust bull run.
The MFI and RSI oscillators show a double bearish divergence with the asset, indicating a strong bearish sentiment for it.

*⏳*Prepare for a potential rise in XAUUSD, EURUSD, and GBPUSD, while USDCAD, USDJPY, and USDCHF may see downward movement.

#TradeIdea👇

*🔼 *Trade: Consider buying EURUSD and GBPUSD;*🔽 *Trade: Consider selling USDCAD, USDJPY, and USDCHF.

🤔 Do you think the bullish sentiment is over?

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@fbsanalytics

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