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
EURUSD is trying to climb back to 1.12 from the lows of 1.11

EURUSD is trying to climb back to 1.12 from the lows of 1.11

Information is not investment advice

EURUSD.png

EURUSDM30.png

USDCAD.png

USDCADM30.png

Ichimoku Kinko Hyo

USD/JPY: The USD/JPY pair is now trading within the Kumo. Further bearish sentiment will push the prices to exit the cloud. The next support is seen at the previous bottom. Alternatively, a bounce up from current levels will fuel the exchange rate to eliminate the upper level of the Kumo, targeting the previous top.

USDJPYM30.png

Market View

Equities made a U-turn on Friday and closed on a positive note, mostly led my tech. As a result, Friday was the first day in a while where optimism took over. In US Dow Jones closed higher by +1.7%, S&P 500 closed higher by +2.4% and Nasdaq by an impressive +3.1%. Positive sentiment has spilled in Asia this morning as the New Year starts and therefore some Chinese markets are closed for holiday. In Europe markets are in the green and US futures are pointing higher as well.

In the FX space, EURUSD is trying to climb back to 1.12 from the lows of 1.11 where was trading late last week.

Similar

Popular

Can a recession be avoided? 

The pandemic continues hurting economic activity in China, the war in Ukraine is hitting the entire European economy, and the Fed's efforts to control inflation threaten to trigger a recession. 

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