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.

Follow us on Facebook

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

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 - In Google Play

OIL: V-shape recovery

OIL: V-shape recovery

Information is not investment advice

If the stock market observers are discussing whether it will be an L or U-shape recovery, the oil market definitely looks like a V. $33 marks now the local resistance level, which hasn’t seen the WTI price since the beginning of March, when the epic plunge started. Very likely, the price will go into consolidation or step downwards from it, but the fundamental landscape favors bulls now. The oil glut is dissolving, the demand is catching up, economies are recovering and the petroleum states seem to have an agreed stance on the global supply strategy. Therefore, it is advisable to watch while the oil price plays around this resistance level and step in once there are signs of the next bullish breakthrough.


                                                                                                    LOG IN



NFP Number Will Drive Markets

US stocks are set to open lower Friday, with investors worry over rising tensions between the US and China, deadlock over the next virus relief bill and possible disappointments from the key monthly employment report.

Choose your payment system

Learn more