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

Data Collection Notice

We maintain a record of your data to run this website. By clicking the button, you agree to our Privacy Policy.

facebook logo with graphic

Join Us on Facebook

Stay on top of company updates, trading news, and so much more!

Thanks, I already follow your page!
forex book graphic

Beginner Forex Book

Your ultimate guide through the world of trading.

Get Forex Book

Check Your Inbox!

In our email, you will find the Forex 101 book. Just tap the button to get it!

FBS Mobile Personal Area

market's logo FREE - On the App Store


Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.

69.21% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.

You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.

Bitcoin & Gold - Safe Haven Amid Bank Crisis

Bitcoin & Gold - Safe Haven Amid Bank Crisis

Information is not investment advice

Investor confidence in the global financial system has been shaken by the collapse of Silicon Valley Bank and Credit Suisse. As a result, many are turning to bearer assets, such as gold and bitcoin, to store value outside of the system without relying on third parties. This has led to a surge in demand for physical gold bars and coins, with some investors even calling for hyperbitcoinisation. With a potential target of around $35,000, both gold and bitcoin may continue to increase in value. Hyperbitcoinisation is a hypothetical scenario in which Bitcoin is widely accepted by merchants and individuals alike, leading to its price rising dramatically and it becoming the dominant form of money in use.

How does this reflect on the Technical Analysis side of things? Let's see;

US Dollar - 4H 


The US Dollar (DXY) after a long bearish run has commenced a move that can be considered as a retracement move; since it has not yet broken through any major price levels yet. This retracement has, however, reached the 88% of the Fibonacci retracement, and there is also the 50-period MA acting as a resistance. Should this play out and the Dollar indeed gets weaker, we can expect to see higher prices on Gold and Bitcoin as investor flock into these 'safe havens.'

Analysts’ Expectations: 

Direction: Bearish

Target: 102.330

Invalidation: 103.600



XAUUSD is currently stalking the supply zone at the $2004 price region. If price should be rejected from that zone, I have marked out the $1970 area as a point of interest where we may get to see Gold resume its bullish momentum. The presence of the 50 and 100 MAs is an added confirmation of the bullish intent.

Analysts’ Expectations: 

Direction: Bullish

Target: $2011.00

Invalidation: $1962.70



BTCUSD (Bitcoin) began a bull-run early this month and has since then maintained a strong bullish sentiment with very abrupt retracements. The current price action on Bitcoin suggests, however, that another retracement could occur - based on the attenuation around the 100 MA. My expectation is that Bitcoin dips slightly lower than the 200 MA and the trendline support, before resuming its bullish momentum.

Analysts’ Expectations:

Direction: Bearish

Target: $28,000

Invalidation: $26,000


The trading of CFDs comes at a risk. Thus, to succeed, you have to manage risks properly. To avoid costly mistakes while you look to trade these opportunities, be sure to do your due diligence and manage your risk appropriately.


Legal disclaimer: The content of this material is a marketing communication, and not independent investment advice or research. The material is provided as general market information and/or market commentary. Nothing in this material is or should be considered to be legal, financial, investment or other advice on which reliance should be placed. No opinion included in the material constitutes a recommendation by Tradestone Ltd or the author that any particular investment security, transaction or investment strategy is suitable for any specific person. All information is indicative and subject to change without notice and may be out of date at any given time. Neither Tradestone Ltd nor the author of this material shall be responsible for any loss you may incur, either directly or indirectly, arising from any investment based on any information contained herein. You should always seek independent advice suitable to your needs.



How Will BoJ Meeting Affect the Yen

Hold onto your hats, folks! The Japanese yen took a nosedive after the Bank of Japan (BOJ) left its ultra-loose policy settings unchanged, including its closely watched yield curve control (YCC) policy. But wait, there's more! The BOJ also removed its forward guidance, which had previously pledged to keep interest rates at current or lower levels. So, what's the scoop? Market expectations had been subdued going into the meeting, but some were still hoping for tweaks to the forward guidance to prepare for an eventual exit from the bank's massive stimulus

Choose your payment system


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