Forwarded from Π‘Π΅ΡΠ³Π΅ΠΉ Π£Π΄ΡΡΠΎΠ²
#brent #wti
π’ WTI oil is being quoted near $89 per barrel, losing more than 5% since the beginning of the week.
πThe quotes were pressured by data on changes in US oil inventories: according to a report by the Energy Information Administration of the US Department of Energy (EIA), oil inventories increased by 4.4 million barrels last week, which clearly indicates a decrease in demand in the US market.
βοΈIn addition, market participants fear for the prospects for global economic growth against the backdrop of ongoing tensions in Eastern Europe, the deterioration of US-China relations and new anti-COVID restrictions in the Asia-Pacific region.π§
πConsidering the above, there is a risk of a decrease in the cost of WTI to the region of $85.
π’ WTI oil is being quoted near $89 per barrel, losing more than 5% since the beginning of the week.
πThe quotes were pressured by data on changes in US oil inventories: according to a report by the Energy Information Administration of the US Department of Energy (EIA), oil inventories increased by 4.4 million barrels last week, which clearly indicates a decrease in demand in the US market.
βοΈIn addition, market participants fear for the prospects for global economic growth against the backdrop of ongoing tensions in Eastern Europe, the deterioration of US-China relations and new anti-COVID restrictions in the Asia-Pacific region.π§
πConsidering the above, there is a risk of a decrease in the cost of WTI to the region of $85.
Forwarded from Π‘Π΅ΡΠ³Π΅ΠΉ Π£Π΄ΡΡΠΎΠ²
#fb
πΊπΈ Shares of Meta Platforms Inc. (FB), which owns social networking Facebook, is up slightly this week and is quoted at $170.
βοΈ Earlier it became known that the company is actively looking for buyers for its bonds, given the ongoing problems with liquidity. Bloomberg announced that the corporation's management has already turned to large banks such as Morgan Stanley, JPMorgan Chase & Co., The Bank of America Corp. and Barclays, asking them to arrange meetings with potential clients.
π Meta Platforms Inc. management solution. a well-deserved move on the back of the publication of the financial report for the second quarter, which reflected revenue at $28.82 billion, which was below the forecast of $28.91 billion, while earnings per share were $2.46, below the previous figure of $2, 72 and well below the 2021 average of $3.34.
π Analysts recommend shorting FB shares with a target of $155.
πΊπΈ Shares of Meta Platforms Inc. (FB), which owns social networking Facebook, is up slightly this week and is quoted at $170.
βοΈ Earlier it became known that the company is actively looking for buyers for its bonds, given the ongoing problems with liquidity. Bloomberg announced that the corporation's management has already turned to large banks such as Morgan Stanley, JPMorgan Chase & Co., The Bank of America Corp. and Barclays, asking them to arrange meetings with potential clients.
π Meta Platforms Inc. management solution. a well-deserved move on the back of the publication of the financial report for the second quarter, which reflected revenue at $28.82 billion, which was below the forecast of $28.91 billion, while earnings per share were $2.46, below the previous figure of $2, 72 and well below the 2021 average of $3.34.
π Analysts recommend shorting FB shares with a target of $155.
August 8th
USDJPY Buy position
Support levels: 134.54 β 133.78
Resistance levels: 135.57 β 136.07
#NQ100 Buy position
Support levels: 13165 β 12915
Resistance levels: 13412 β 13680
USDJPY Buy position
Support levels: 134.54 β 133.78
Resistance levels: 135.57 β 136.07
#NQ100 Buy position
Support levels: 13165 β 12915
Resistance levels: 13412 β 13680
Purchase
BTCUSD
Bitcoin prices have been moving in an upward channel for a month and a half. The positive for the cryptocurrency is that the quotes have re-fixed above the $22,000 area and the 21-day moving average. According to recent reports, BlackRock, the largest investment fund, has opened access to Bitcoin trading to its institutional clients. With an increase in demand from large players, an increase in Bitcoin prices can be expected.
Upon reaching the price
23700
take profit
25200
stop loss
22700
BTCUSD
Bitcoin prices have been moving in an upward channel for a month and a half. The positive for the cryptocurrency is that the quotes have re-fixed above the $22,000 area and the 21-day moving average. According to recent reports, BlackRock, the largest investment fund, has opened access to Bitcoin trading to its institutional clients. With an increase in demand from large players, an increase in Bitcoin prices can be expected.
Upon reaching the price
23700
take profit
25200
stop loss
22700
πIndustrial metals are in good demand today, which is good for the Australian dollar, as Australia is one of the world's leading exporters of these metals.
πInvestment idea: buy limit AUDUSD 0.6920, take profit 0.6988
πInvestment idea: buy limit AUDUSD 0.6920, take profit 0.6988
Forwarded from FreshForex Analytics EN
π£OPEC Secretary General Haitham al-Ghais said that oil reserves in the OECD countries are now 236 million barrels below the five-year average, and the amount of free production capacity in the world's largest hydrocarbon producers is at the limit, which does not allow producers to aggressively increase oil production.
πInvestment idea: buy limit #BRENT 92.55, take profit 95.64.
πInvestment idea: buy limit #BRENT 92.55, take profit 95.64.
#usd #dxy
πΊπΈThe dollar index (DXY) holds positions near 106.50.
πOn the side of the buyers of the dollar statistics on the labor market. Recall that the US Department of Labor reported an increase in the number of new jobs created by the American economy outside the agricultural sector in July by 528 thousand, which turned out to be more than twice better than experts' forecast. In addition, last month the US unemployment rate fell from 3.6% to 3.5%, hitting a 50-year low.
π°Strong statistics on the labor market allows the Fed to actively raise interest rates, which will continue to support the bullish dynamics of the US currency. According to the CME Group FedWatch Tool, there is a 68.5% chance of a 75 basis point rate hike in September, up from 29% a week earlier.π§
πAnalysts recommend holding long DXY positions with the target at 108.00.π
πΊπΈThe dollar index (DXY) holds positions near 106.50.
πOn the side of the buyers of the dollar statistics on the labor market. Recall that the US Department of Labor reported an increase in the number of new jobs created by the American economy outside the agricultural sector in July by 528 thousand, which turned out to be more than twice better than experts' forecast. In addition, last month the US unemployment rate fell from 3.6% to 3.5%, hitting a 50-year low.
π°Strong statistics on the labor market allows the Fed to actively raise interest rates, which will continue to support the bullish dynamics of the US currency. According to the CME Group FedWatch Tool, there is a 68.5% chance of a 75 basis point rate hike in September, up from 29% a week earlier.π§
πAnalysts recommend holding long DXY positions with the target at 108.00.π
Forwarded from Π‘Π΅ΡΠ³Π΅ΠΉ Π£Π΄ΡΡΠΎΠ²
August 9th
XAUUSD Buy position
Support levels: 1781 β 1765
Resistance levels: 1795 β 1813
#BRENT Buy position
Support levels: 94.20 β 93.47
Resistance levels: 95.90 β 96.81
XAUUSD Buy position
Support levels: 1781 β 1765
Resistance levels: 1795 β 1813
#BRENT Buy position
Support levels: 94.20 β 93.47
Resistance levels: 95.90 β 96.81
The decrease in quotations of platinum group metals is negative for the South African currency, since this country is one of the world's largest producers of platinum and palladium.
πWe expect the growth of USDZAR quotes to the middle border of Bollinger Bands.
πInvestment idea: buy limit USDZAR 16.5550, take profit 16.8320.
πWe expect the growth of USDZAR quotes to the middle border of Bollinger Bands.
πInvestment idea: buy limit USDZAR 16.5550, take profit 16.8320.