Don’t waste your time – keep track of how NFP affects the US dollar!

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Join the Facebook community of FBS!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Email tooltip

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE

View
3 Top EU&UK Stocks

3 Top EU&UK Stocks

Information is not investment advice

Tired of US stocks? Let’s discuss some UK and German stocks! Here is the analysis of 3 stocks that have caught our attention. 

Glencore

Glencore is an Anglo-Swiss commodity trading and mining company. This company is one of the largest winners from the increase in coal prices. China, the leading coal importer in the world, needs more coal supply. Bloomberg says that China is ready to pay any price. This situation frightens other countries that need coal too especially before winter. Based on that, coal prices will keep rising. Good for Glencore! 

Now it’s trading at the highs of July 2018 at $350. If the stock manages to break above the $350-360 resistance zone (78.6% Fibonacci retracement level), the doors to the February highs of 2018 at $400 will be open. Support levels are the 61.8% Fibo level at $300 and the 50-month moving average at $280. *To have a better view, we have to open the monthly chart. 

#GLENMonthly.png

Lloyds

Lloyds is one of the UK's largest financial services companies. Financial firms and banks belong to cyclical stocks. You might have noticed that cyclicals rose at the start of this year amid the vaccine optimism. However, these days, investors are favoring high-quality stocks instead of cyclical ones due to the current Covid-19 uncertainty. Thus, we might expect Lloyds and other cyclicals to start rising again when the Covid-19 is taken under control. Besides, banks will gain from the rate hikes, that major global central banks are preparing to imply. Well, we’ve found two important reasons for Lloyds to rise in the mid-term, let’s look at the chart.

The stock of Lloyds has broken above the resistance line. This breakout showed a strength of the bullish momentum, so we can anticipate the stock to keep rallying up to the highs of mid-summer of $48 and then to the psychological mark of $50. Support levels are the 50- and 200-day moving averages of $45 and $43.

#LLOYDaily.png

Puma

Puma is the third-largest sportswear manufacturer in the world. Puma has been included in the DAX stock index this September! DAX expanded to 40 companies from 30, and Puma has joined the prestigious list of the forty largest German companies. If we look at the chart, we would notice that Puma looks oversold as it gets closer to the 200-day moving average, which the stock should struggle to cross. If it jumps above the psychological mark of $100.00, it may jump to the 50-day moving average of $104.00. Support levels are $95.00 and $93.50.

#PUMDaily.png

Don't know how to trade stocks? Here are some simple steps.

  1. First of all, be sure you’ve downloaded FBS Trader app. FBS allows you to trade stocks only through this software.
  2. Open an account in FBS Trader.
  3. Log in!

Similar

Bewitching predictions for 2022

Hello from the far 2022! FBS analysts have used some magic to travel to the future and brought you some hilarious predictions.

Popular

3 Forex Pairs to Trade Right Now

The year started only a couple of weeks ago, but we already have a lot of fascinating movements in various trading instruments. To help you in trading, we choose several forex pairs that may surprise you and plunge greatly in a short period. 

Choose your payment system

Be on top of your game

Callback

Please fill in the form below so we can contact you

Select the best time for us to call you. We give calls from Monday to Friday in suggested intervals. In case we couldn't get through, we will try again at the same time the next day. For getting real-time assistance, use FBS chat.

We provide only English-speaking callbacks. If you prefer any other languages, contact the support team.

We will call you at the time interval that you chose

Change number

Your request is accepted.

We will call you at the time interval that you chose

Next callback request for this phone number will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later