Time to master Head & Shoulders?

Plus, check out what to look out for this week!                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         [FBS]( [[fbsanalytics] FBS Analytics]( [Personal Area]( [Time to master Head & Shoulders?] [fbs] Top Gainers Last Week • NVIDIA +11.43% The growing interest in generative artificial intelligence has catalyzed the rise in NVIDIA’s stocks. Technical analysis has identified an increasing demand for Nvidia’s cutting-edge chip collection, which can implement the latest innovations in artificial intelligence. • GBPAUD +0.71% The UK’s GDP rose by 0.3% in November, supporting the stability of the British Pound against the Australian Dollar. [Trade NVIDIA]( [fbs] Top Losers Last Week • United Airlines Holdings (UAL) -10.63% The decline in Delta stocks after the release of fourth-quarter results and the 2024 forecast is causing United Airlines stocks to trade lower. • AUDUSD -0.46% The Australian dollar went down against the US dollar due to strong economic reports from the United States. The Consumer Price Index (CPI) showed that inflation is slowing. [Trade AUDUSD]( [fbs] US Dollar Index [fbs]( The US dollar index overcame the upper border of the falling channel. A breakout above the 102.76 resistance will open the way to 104.20 for the index, sending EURUSD and GBPUSD down. At the same time, USDJPY, USDCAD, and USDCHF will show significant gains in such a scenario. If the US dollar index overcomes 102.76: Consider buying USDJPY, USDCAD, USDCHF; [fbs] XBRUSD [fbs]( XBRUSD is moving under the local resistance trendline. If the price overcomes this trendline and 79.20 resistance, consider buying XBRUSD with targets at 81.30 and 83.70. Until then, the major price targets remain at 75.00 and 73.00. [fbs] XAUUSD [fbs]( XAUUSD reached 2050, the 61.8 Fibonacci level, and the most significant level in the Retracement. A breakout above this resistance will send gold to 2072, 2078, and 2088. FBS tips and analytics do not constitute a call to trade, trading advice or recommendation and are for information only. [Enhance your strategy]( [fbs]( Look For More Signals in Our Telegram In our Telegram channel (which is in English), you will find the most up-to-date trading signals and live streams. More importantly, you will connect with a community of like-minded traders. Last week, 12 of 16 signals from FBS analysts were profitable! [XAUUSD signal]( could’ve brought 2500 points. [XAUUSD signal]( could’ve brought 1400 points. [Join trading community]( [fbs]( How to Understand the Head and Shoulders Pattern Andreas Thalassinos, the market maestro, is here with a fresh video tutorial on the Head & Shoulders chart pattern. Dive into the insights and discover how to leverage it in your trading journey with FBS! [Watch video]( Do you like our Weekly Digest? [YES]( [NO]( [Help Center](  |  [Personal Area]( You received this email because you registered at [fbs.com](. If you have any questions, please contact us via email at support@fbs.com [google_play]( [apple_stor]( Risk warning: Before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience. [instagram]( [facebook]( [twitter]( [telegram]( [youtube]( [Web Version](  |  [About FBS](  |  [Unsubscribe]( Trusted by traders