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
NZD/USD : erases yesterday's advance, buyers lose near-term control

NZD/USD : erases yesterday's advance, buyers lose near-term control

Information is not investment advice

2021_04_06_16_20_58_Template1_Autosaved_.pptx_AutoRecovered_PowerPoint.png

NZDUSDM30.png

2021_04_06_16_24_50_Template1_Autosaved_.pptx_AutoRecovered_PowerPoint.png

AUDJPYM30.png

Ichimoku Kinko Hyo

EUR/JPY: The pair is trading below the cloud. A downward pressure would lead the pair to exit further the cloud, confirming a bearish outlook.

 

EURJPYM30.png

Fibonacci Levels

 XAU/USD: Gold facing a further gains the last hours and trading near 23.6% full retracement area.

XAUUSDH4.png

US Market View

Chinese stock markets fall as the central bank reportedly tells banks to lend less. U.S. stock markets are set to consolidate after Monday's reopening trades pushed them to all-time high closes.  U.S. stocks are set to open lower later Tuesday, consolidating after a surge to record highs on Monday that was fueled by optimism over the outlook for reopening the economy. That rally was in part an extended effect of a blowout jobs report on Friday, which saw the U.S. economy add over 900,000 jobs in the month through mid-March.

The International Monetary Fund upgraded its global economic growth forecast for the second time in three months, while warning about widening inequality and a divergence between advanced and lesser-developed economies.

The global economy will expand 6% this year, up from the 5.5% pace estimated in January, the IMF said in its World Economic Outlook published on Tuesday. That would be the most in four decades of data, coming after a 3.3% contraction last year that was the worst peacetime decline since the Great Depression.

Much of the focus of this week’s meetings will be on the IMF’s proposed $650 billion issuance of reserve assets known as special drawing rights, which aims to boost global liquidity and help emerging and low-income nations deal with mounting debt and Covid-19 health-care costs.

The response to last year’s crisis by policy makers prevented a collapse that would have been at least three times worse, and the medium-term losses for the global economy are expected to be smaller than the global financial crisis a decade ago, the IMF said Tuesday.

USA Key Point

  • EURUSD trades to highest level since March 24.
  • IMF boost 2021 global growth estimate to 6.0% from 5.5% in January.
  • Canada got the biggest growth boost in the IMF's latest GDP estimates.
  • USDJPY retesting 200-hour MA.
  • The USD is the strongest and the NZD is the weakest.
  • AUD/USD falls to test key near-term levels as dollar gains further traction on the day.

 

 

Similar

Popular

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