Don’t waste your time – keep track of how NFP affects the US dollar!
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
Warning! Old version of the browser!
Press one of the icons below to proceed to the official website of the developer and download the latest version of your browser.
Online Forex broker
Information is not investment advice
The next week may definitely be called Australian due to the huge amount of economic releases.
AUD/USD has been fluctuating in a 100-pip range between 0.6925 and 0.7025 in almost two weeks. The upward rally has slowed down because of escalating tensions between China and Australia. Moreover, increasing numbers of coronavirus cases deteriorated the market sentiment and pushed down the risky aussie. Yesterday the mixed data from Australia was released. The employment change came out better than anticipated: 210 800 people found new jobs, while the forecast was only for 106 000. Unfortunately, the 7.4% unemployment rate exceeded expectations by 0.2%. The AUD slightly surged after the report, but then fell down. Today the US consumer sentiment will have a huge impact on the pair performance. Stay tuned at 17:00 MT time. Also, pay attention on the next week as it will be full of the Australian data:
AUD/USD bounced back from the key resistance at 0.7025, but met the strong support at 50-period moving average at 0.6965. The resistance level is at the key psychological mark at 0.7000. If it crosses it, the pair will surge to the next one at 0.7025. The support is at 0.6965. The move below will drive the price lower to the next support at 0.6925. Follow economic releases and trade accordingly!
Despite the negative news and worrying headlines, we recommend traders to make mental reframing of the situation. This way, you can look at the market from a different perspective. Let’s observe how you can take advantage of the uncertainties and make the fundamentals work for you!
The US Federal Reserve may refrain from more aggressive interest rate hikes in March due to geopolitical risks after Russia's special operation in Ukraine…
Hello from the far 2022! FBS analysts have used some magic to travel to the future and brought you some hilarious predictions.
Great Britain released retail sales data on May 20, 9:00 GMT+3. The reading outperformed expectations greatly (+1.4% actual vs. -0.3% forecast).
The stock market has reversed, and now it’s going lower and lower…
Walmart is one of the biggest retail corporations in the US, with $244 billion in total assets. Does it worth buying amid rising prices and supply concerns that shatter the world economy?
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
