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

View
Market updates on August 26

Market updates on August 26

Information is not investment advice

Key events ahead:

US core durable goods orders – 15:30 MT (12:30 GMT) time

The escalation of the trade war between the US and China has shaken the markets a lot. On Friday, China announced additional tariffs on $75 billion of American goods, including soybeans, automobiles, and oil. It did not take a long time for US President Donald Trump to respond as the US administration hit back with more tariffs on Chinese imports afterward and called for American companies to exit China's market. The risk-weighted currencies fell after the market opened, but managed to take back their positions on the comments that China wants to resolve the trade dispute with the US.

  • AUD/USD tested the 0.6688 level but rebounded to the resistance at 0.6760. If bulls manage to break this level, the next resistance will lie at 0.6776. On the other hand, if the risk sentiment fades again, the pair will retest the 0.6688 level. The next support will lie at 0.6677.

AUDUSDH4.png

  • USD/JPY slid below the 104.73 level on H4 but immediately rebounded upwards to the resistance level at 106.03. In case of a breakout of this level, pay attention to the next key resistance at 106.23, which lies close to the crossover of 50- and 100- period SMAs. From the downside, it is recommended to pay attention to the 105.05 level. If the Japanese yen retest it, the chance of the fall to the lowest levels since January's flash crash at 104.73 will increase.

USDJPYH4.png

  • Gold gapped up to its highest levels since 2013. The yellow metal has tested the highs at $1,555. Softer risk sentiment pulled it lower to the support at $1,525. The next key support for the price of gold will be placed at $1,508.8 (50-period SMA). However, as traders remain cautious today, it is recommended to keep an eye on the $1,555 level, which may be retested if risk-off sentiment increases.

XAUUSDH4.png

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