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
AUD/JPY : risk on gains before NFP number

AUD/JPY : risk on gains before NFP number

Information is not investment advice

2021_07_01_16_32_41_sos_PowerPoint.png

AUDJPYM30.png

2021_07_01_16_22_01_sos_PowerPoint.png

EURJPYM30.png

Ichimoku Kinko Hyo

CHF/JPY: The pair is trading above the cloud. An upward pressure would lead the pair to exit further the cloud, confirming a bullish outlook.

CHFJPYM30.png

Fibonacci Levels

 XAG/USD: Silver facing a significant appreciation and it is trading above 50% retracement area.

XAGUSDDaily.png

US Market View

Applications for U.S. state unemployment insurance fell last week by more than projected, reaching a fresh pandemic low and suggesting that dismissals are abating as the economy reopens and labor demand rises. Initial claims in regular state programs decreased by 51,000 to 364K in the week ended June 26, Labor Department data showed Thursday. The median estimate in a Bloomberg survey of economists called for 388,000 initial applications.

Futures tracking the SP500 hovered near a record high on Thursday, with investors awaiting a batch of economic data to gauge the health of the U.S. economy following strong gains for the equity market in the first half of the year. The Labor Department's weekly jobless claim report, due at 8:30 a.m. ET, is expected to show the number of Americans filing for unemployment benefits fell for the week ended June 26, albeit at a slower pace amid labor shortages.

Chinese President Xi Jinping warned that foreign powers will "get their heads bashed" if they attempt to bully or influence the country, in a tub-thumping speech marking the centenary of the ruling Communist Party's founding.He also pledged a “complete reunification” with Taiwan, saying it was not a problem 'to be passed from generation to generation'.  According to the Financial Times, the U.S. and Japan have both stepped up planning for a military confrontation with China over Taiwan in recent weeks. 

Crude oil prices edged higher Thursday, aided by lower U.S. inventories, as investors awaited news from a meeting of top producers over future production levels.

USA Key Point

  • US initial jobless claims 364K vs 390K estimate.
  • The NZD is the strongest and the JPY is the weakest.
  • Saudi Arabia, Russia reportedly reach preliminary deal on raising oil output.
  • Italy PM Draghi: Euro area inflation remains low, accommodative monetary policy is necessary.
  • USD/JPY extends gains to highest level since March last year.

Similar

How will ECB Drive EUR?

What will happen? The European Central Bank will present the monetary policy statement on June 22…

USD/CAD Reversal Pattern

After a notable rally all the way to 1.28, USD/CAD dropped back to 1.2730 yesterday, confirming our outlook mentioned a few days ago about the need for a downside retracement before the upside trend resumes.

Popular

New Trend in Tech Stocks?

When Twitter Inc. and Snap Inc. posted quarterly revenue that blew past analysts’ expectations, the results bumped up the shares of the two of their larger rivals: Facebook Inc. and Alphabet Inc.

EUR/USD Holding After ECB Decision

EUR/USD managed to rise for a very short period of time right after the ECB decision to as high as 1.1798 before declining and giving away its entire gains.

Choose your payment system

Learn more

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