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ACcuRaTe fReE sIgNaLs📉 Market updates & analysis✅✅ Mentorship coaching & advice📚📙
#MarketNews
🌄 Happy Wednesday,traders! Remember, consistency is the key to success. That’s why we consistently send you morning news reports and keep you informed. Hot topics for today are:
🏦 Jerome Powell admitted recession is possible. Finally, after two years of printing money, Fed Chair acknowledged the current state of the economy. On the question about a possible 100 basis points hike, he answered, “We will never take anything off the table,” meaning the biggest rate increase in 40 years may happen sometimes
🇨🇦 USDCAD plunged by 700 points after the release of Canadian CPI. The numbers exceeded expectations by 0.4% (1.4% actual vs. 1.0% forecast)
🌚 Do Kwon has ‘great confidence in rebuilding the Terra blockchain. SEC has great confidence in the investigation of Do Kwon’s connection with fraud in Terra
💸 North America’s first Bitcoin exchange-traded fund saw a record one-day outflow of $500 million
📊 Singapore’s key inflation measure is at 3.6%, the highest since December 2008
🇷🇺 Russia faces yet another bond payment test this week. $394 million of coupons are coming due on Friday
⛽️ Gas prices in the US are coming down because of the possible suspension of the federal gas tax
🥇 Gold is almost still, moving in tapering range for the last weeks. If the German flash PMI exceeds expectations, it may push the euro higher, the dollar lower, and XAUUSD may break through the resistance of $1847. In this case, expect a move to the $1857 resistance
💭 What are your thoughts on the US500? Will it fall soon? Let’s discuss!
#MarketNews
Hello, everyone! Wednesday is here and we are ready, to sum up, yesterday’s bloodbath in the gold, currency, and oil markets.
👀A renewed spike in Covid cases in China and expectations of a US recession in the next year resulted in the mixed performance of Forex, stocks, and commodities. US Treasury yield stays inverted for a second straight day on Wednesday. US dollar index broke above the ascending wedge pattern on Tuesday and reached the 106 level. At the same time, EURUSD fell to the low of 2002 and almost reached psychological support at 1.0200. USDCAD tested the resistance at 1.3080.
🙈Gold broke below the crucial support zone at 1800 and move lower towards 1760. The next target for sellers of the yellow metal lies at 1700.
📉The oil prices slid lower as well. XTIUSD dropped below the $100 level and tested the support at $97. XBRUSD fell below the lower border of the ascending trading channel and tested the $100 level. Meanwhile, a Russian court ordered the Caspian Pipeline Consortium (CPC), one of the world's largest pipelines which bring oil from Kazakhstan to the Black Sea, to suspend activity for 30 days, adding to global worries over oil supplies. This news has already pushed oil prices higher since the start of today’s trading session.
🇬🇧 Two senior UK cabinet ministers resigned on Tuesday in protest over Prime Minister Boris Johnson’s leadership, following a string of scandals that have plagued his tenure over the last few months.
🇺🇸 Today, the FOMC Meeting Minutes at 21:00 GMT+3 will reveal the regulator’s views on further steps regarding monetary policy amid surging inflation and a weakening economy.
Key events:
ISM Services PMI - 17:00 GMT+3
FOMC Meeting Minutes - 21:00 GMT+3
What are you buying today?
Can Polkadot (DOT) Break Past Resistance And Head to $25?
Polkadot (DOT) is trending higher after posting strong gains over the past week, with buyers making the most of the bullish sentiment that has returned to the crypto market following Bitcoin’s rebound. At the time of writing, DOT/USD is trading at around $22.07.
One of the most exciting developments boosting investor confidence in the DOT token is a report from Crypto Carbon Ratings Institute (CCRI), which reveals that Polkadot consumes the lowest levels of energy among leading blockchain networks. The interoperability focused network consumes 6.6 times the electricity used by an average US household, in comparison with ETH and BTC for which the figure jumps up to 1.6 million and 8.6 million respectively.
Finally, cryptocurrencies are showing some bullish signs after being bearish for three months. They have lost considerable value during this time, with Bitcoin falling from $70,000 to $33,000 and Ethereum declining from $5,000 to $2,200. The decline stopped two weeks ago, but the price was sticking to the support zone for Litecoin LTC and Cardano, and showing no willingness to turn bullish.
However, the sentiment has improved in the last few days, with Bitcoin climbing to $42,000, while Ethereum has pierced the $3,000 level. This hasn’t been the only attempt to reverse the bearish sentiment in the crypto market, and LTC and ADA are facing some decent resistance indicators above, so let’s see if they will be able to overcome them.
SELL EURUSD
Tp 1 at 1.14160
Tp 2 at 1.13860
Sl at 1.14760
“First you Learn.Then you Earn”
@crypto_fx_trad
PIN GROUP & ON NOTIFICATION🔔
🥇#XAUUSD
🔥Gold will keep going down!
Our yesterday's trade idea worked perfectly as XAUUSD reached $1745! Congratulations! 😱
Currently, the price has retested the breakout from below and it looks like the trend might continue!
✅Trade: SELL
Target: $1735, $1725
CRYPTOFX GROWING CAPITAL PAYOUT 22-06-2022
GREG'S PAYOUT $10,161.52
https://www.blockchain.com/btc/tx/62ee37c350600c17690ae254039f2777b5206d84a81d35c0ddb5d14f08aa8b00
PATRICK'S PAYOUT $3,294.14
https://www.blockchain.com/btc/tx/8ea7f035fa1298b0957fa1ac296885e95e32532f3f6ec92a11ccbc045dee3327
DAWSON'S PAYOUT $14,192.85
https://www.blockchain.com/btc/tx/749706d80261bfb9e5ca95ae5117906e3546ee7326e30bef69b02c4f0b01eb55
RUGES' PAYOUT $2,788.74
https://www.blockchain.com/btc/tx/0cc0a8b6f9cf83c74a866488c76b6e7cf1f6be35c954f7f7b0a5fdb6675ee890
JESSIE'S PAYOUT $8,255.20
https://www.blockchain.com/btc/tx/2a553713a58f10f09be46e1523d5af73bad44d19164b4b01feace9eac7ab7bdd
contact admin @crypto_fx_trad
CRYPTOFX GROWING CAPITAL PAYOUT 10TH - FEBRUARY 2022
HOLDING PAYOUT $2,456.14
bdbbf6db1a6f23a4c9003243d7728b880a7513e0f068d3a7fe2d081cfdd51cb9
DENVER PAYOUT $2,023.14
8c01629ffad6b9bd6f43f7d0b8ed080243ff119da6eeef46d07696571b775463
MARTHA PAYOUT $5,544.61
794dc5bc1fcb6fc04eef05a5f60d6a3e58f94792b815cb18e2b258332233e923
SADIQ PAYOUT $1,769.91
0c6b31ae2b0e27fc52d8134dd7d7a94689f96e52e7b06392209902533e12e168
DOROTHY PAYOUT $12,649.78
6c49045ba1c8fbf528f2085025bb1b09c166ee4e3f42d28779c39948909fc0ed
ISAAC PAYOUT $1,744.14
8d429837ec2492237c63c87bbe47c7b4823960eec1e56f457a446ef06b719406
Contact admin crypto_fx_trad
Payment made✅✅
Contact admin @cryptof_xgcc
Don’t miss out on investment ✅✅
SELL XAUUSD/GOLD @ 1812.50
SL: 1832.50
TP1: 1810.50
TP2: 1807.50
‼️Use small lot size
👉Be Ready, Market Will Open Soon! ⏱
🤑Let’s go for a week full of Pips ✅✅
Contact @crypto_fx_trad