Don’t waste your time – keep track of how NFP affects the US dollar!

Data Collection Notice

We maintain a record of your data to run this website. By clicking the button, you agree to our Privacy Policy.

facebook logo with graphic

Join Us on Facebook

Stay on top of company updates, trading news, and so much more!

Thanks, I already follow your page!
forex book graphic

Beginner Forex Book

Your ultimate guide through the world of trading.

Get Forex Book

Check Your Inbox!

In our email, you will find the Forex 101 book. Just tap the button to get it!

FBS Mobile Personal Area

market's logo FREE - On the App Store

Get

Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.

77.93% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.

You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.

USD: trading it short-term

USD: trading it short-term

Information is not investment advice

EUR/USD: back into the channel

This currency pair is definitely going through fierce fluctuation. The recent rise to 1.19 followed by a plunge to 1.18 and correction confirms that. Now, EUR/USD is back at 1.1850 – that’s the downside of the core channel it’s been going through. That means it makes sense to expect it to gradually move to the upside closer to 1.19 – step in!

1.png

GBP/USD: marching upwards

Hopes of having Brexit sealed this week are pushing the GBP. This currency pair has moved from 1.3210 to 1.34 in the recent spectacular upswing. Undoing this overheated gain, GBP/USD got back down to 1.33 to start climbing again. It’s only rational to prepare for another gradual uptrend to 1.34. Welcome aboard!

2.png

AUD/USD: rolling waves

The resistance range of 0.7330-0.7335 seems to be impregnable for AUD/USD so far. The currency pair touched it several times in November bouncing downwards – just as it did this Monday already. Expect this resistance to be reached in the short-term and possibly reverse the currency pair downwards yet again.

3.png

USD/CAD: firm support

After the first week of November, 1.3040 has been preventing USD/CAD from dropping below. We can see it bounce upwards several times on the hourly chart below. Possibly, this is another reversal we are observing right now. This makes it potentially an ideal opportunity to use the situation in the short-term. Watch it get back up to 1.31!

4.png

                                                                                                  LOG IN

Similar

Popular

Will the FOMC Surprise the Markets?

The first FOMC meeting comes after a buildup of anticipation from traders and investors alike, as the markets await what posture the Fed will take regarding the interest rates; would there be a hike or a cut in interest rates? Recall that the Federal Open Market Committee had previously ended the year 2022 with a 50bps hike, and an indication from Powell, the committee chairman, that the Fed could consider raising interest rates by 75bps in the course of the year 2023.

Will USDJPY slide lower in 2023?

Last year was tough for the Japanese yen. USDJPY gained more than 30% over 2022, striking above 150 in October. While anticipation of slower Fed rate hikes pulled the pair below the 130 level at the start of 2023, the speculations over the destiny of BOJ’s yield control policy grabbed the attention of the Japanese assets in the middle of January. What lies ahead for traders of the Japanese yen?

Choose your payment system

Feel the Team Spirit

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