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
Trade Ideas on September  6-10

Trade Ideas on September 6-10

Information is not investment advice

Bitcoin

At the end of the past week, Bitcoin broke through the big resistance level of $50 400 and reached $51 500 after the worse-than-expected US labor data. At this moment we expect the crypto asset to return to the $50 400 and retest it from above. If Bitcoin holds above this level on a daily timeframe, we will get a confirmation that the uptrend is not over yet and the next target will be $54 500.

Daily chart

Screenshot_1.png

If Bitcoin breaks through $50 400 it might pull down to $46 800.

 

JP225

In the past week's daily market analyses video, we’ve discussed JP225 and predicted a huge pump with the target at $30 500. As you can see the “falling wedge” pattern worked perfectly, and the price is moving exactly by predicted scenario.

We expect a tiny pullback to happen as soon as the price will reach our target. The targets for this pullback will be $30 000 and $29 800. 

Daily chart

Screenshot_2.png

HK50

Chinese stock market still looks attractive. The RSI indicator shows buyers are interested as the “hidden divergence” occurred. We expect HK50 to hit our estimated goal at 26 600 during this week.

Daily chart

Screenshot_3.png

Brent

Brent returned to the falling channel by the end of the previous week. At this point the upper channel line should be watched carefully if the price holds above it on the daily chart, long trade might be opened, otherwise, if the price gets rejected from the “blue” resistance line once again we might think about short trade.

Resistance levels: $73.2; $74.1; $75.

Support levels: $71.3; $70.4.

4H chart

Screenshot_4.png

Us dollar index

The US dollar has been falling during the whole previous week, but it looks like it found the bottom at 91.8. It might decline to 92 or 91.8, and at this point, it will be the best decision to buy USD/*** currency pairs and sell ***/USD currency pairs.

4H chart

Screenshot_5.png

LOG IN

Similar

How Will Tapering Affect FAANG Stocks?

Investors in popular FAANG stocks have enjoyed a great run over the last year as a combination of super-low interest rates from the Federal Reserve and high growth from the individual tech companies has made an easy bull case…

Popular

Carnival is Leaving the Dock!

On Thursday, September 23, shares of Carnival had jumped a solid 3% after the cruise line announced it is on track to have 50% of its fleet sailing again by October, and 65% by the end of the year. So what? Read the article to find out!

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