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.

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 - In Google Play

Main market movements on September 8

Main market movements on September 8

Information is not investment advice

The US dollar continues climbing up, while the euro and the pound are dipping. Let’s have a closer look.


  • The USD keeps rallying after the upbeat NFP report. Moreover, the upcoming US presidential elections in combination with escalating Sino-American tensions underpinned the safe-haven greenback. Going a bit further, US authorities are planning to impose bans on goods, made of cotton from China’s Xinjiang province. Elsewhere, yesterday the US was thinking of blacklisting China tech firm SMIC, which in turn would put a lot of pressure on China’s technology companies.
  • Most analysts have bearish prospects on the euro ahead of the ECB meeting on Thursday. As you might know, the European Central Bank is not satisfied with the appreciated single-currency as it impacts negatively exports. Therefore, the ECB statement is widely expected to be dovish, which should push the euro to the downside. However, today the better-than-expected German Trade Balance added some tailwinds to the EUR. It turned out 18.0 billion euros, while 14.9 billion were expected.
  • The possibility of a no-Brexit deal weighs on the British pound. The UK Prime Minister Boris Johnson claimed yesterday the deadline of October 15 to end Brexit talks, but both have been still far away from reaching a compromise. Besides, the UK is going to impose new laws, which will cancel some significant parts of the EU-UK agreement. Talks will continue today. Further prolongation of the Brexit deal will weigh more on the GBP. Stay tuned!
Watch our daily forex trading plan!

Technical tips


EUR/USD has just bounced off the key support of 1.1800. driven by upbeat economic data. If it manages to cross it, the way towards the next support at the low of August 21 at 1.1770 will be clear. In the opposite scenario, if the pair jumps above the Friday’s high at 1.1860, it may reach the key psychological mark of 1.1900.


S&P 500

S&P 500 has reversed its losses. If the stock index goes above the high of August 25 at 3 445, it will jump higher to the next resistance at 3 480. Otherwise, the move below the key psychological mark of 3 400 will drive the price to the low of August 20 at 3 350.



The British pound has sharply dropped amid the fears of a no-Brexit deal. If it falls below the low of August 25 at 1.3125, it may dip down to the next round number at 1.3050. On contrary, the move above the resistance of 1.3180 will prove the breakout of the descending channel and will drive the price upward to 1.3250.



Finally, let’s talk about gold. It has been still trading inside of the triangle. If it breaks through $1 925, it will be the pivotal point, which will push the yellow metal down to $1 910, Otherwise, the move above $1 950 will drive the price to the upper trendline near the $1 970 level.





Choose your payment system

Learn more


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