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
EURGBP moved somewhat lower

EURGBP moved somewhat lower

Information is not investment advice

AUDUSD.png

AUDUSDM30.png

GBPAUD.png

GBPAUDM30.png

Ichimoku Kinko Hyo

EUR/JPY: The EUR/JPY pair is now trading within the Kumo. An upward wave would lead the echange rate above the upper level of the cloud, with immediate target the previous peak. On the other hand, a failed attempt to move higher will push prices to find support at the lower level of the cloud.

EURJPYM30.png

European Market View

COVID-19 cases are on the rise again in different parts of the world and countries are taking measures to deal with the problem. After rising contaminations, the Netherlands has decided to enter a three-week partial lockdown forcing bars, restaurants and supermarkets to close at 20.00 and non-essential stores to close at 18.00. Also, spectators will be banned from sporting events and people are being urged to work from home. This illustrates the rising risk of new lock-down measures being put in place in developed countries. Also, Austria and Germany have issued tougher measures.

Possibly the next 3-6M will be challenging in Europe and in the US and could expect many countries will re-introduce (or tighten) some of the soft measures like face mask requirements and COVID-19 green pass.

In the equities space last week, we saw both defensives/cyclicals and growth/value among winners- and losers. On Friday, preference reversed for the week, with growth names generally outperforming. Communication services and tech were among the leaders, while value defensives such as energy, utilities and consumer staples lagged behind. Asian markets are mixed this morning, despite the strong Chinese macro numbers. US futures slightly higher.

In the FX space Friday’s session was generally characterised by modest USD gains and both EURUSD and EURGBP moved somewhat lower. 

Similar

Popular

Turkish Lira Is at Record Lows

USD/TRY belongs to the exotic group of Forex currency pairs, that’s why traders don’t trade it regularly. However, these days this pair is in the focus of all the trading community!

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