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


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

69.21% 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.

Market updates on July 23

Market updates on July 23

Information is not investment advice

  • Yesterday, US President Donald Trump and the Congress reached a deal on the extension of the debt limit and federal spending caps for two years that would avert a government default later this year. The USD got stronger on the announcement. Combined with the priced-in dovish statement by the ECB later this week, the news pulled EUR/USD lower. On H4, EUR/USD has tested the support at 1.1187. If the euro continues its downward movement, the further fall will be limited by the 1.1176 level. After that, the next support will lie at 1.1165. In case of recovery, the pair will face the 1.12 level. If it is broken, we will pay attention to the 1.1211 level and the next resistance at 1.1220.


  • GBP/USD has been falling ahead of the results of the Conservative leadership contest, where Boris Johnson is expected to become a prime minister of the UK. The fears that he may leave the EU without a deal affect the British currency negatively. The final announcement will be made around 01:45 MT (22:45 GMT). At the moment, the key levels from the downside on H4 lie at 1.2422, 1.2399 and 1.2345. In case of the surprise victory of Jeremy Hunt, the GBP will get a push to the upside. In this situation, we will see the reversal towards the 1.2475 level. The next key resistance will be placed at 1.2495. (50-period SMA). If bulls are excited enough, there will be a possibility of reaching the border of the downward trendline at 1.2515.


The New Zealand dollar has weakened after the headlines about the new unconventional policy by the Reserve bank of New Zealand. Reportedly, the bank is considering the idea of QE as its next step. On H4, the NZD has been targeting the 50-period SMA. If it slides below this moving average, the first support will lie at 0.6715. After that, the next support will be placed at 0.67. On the other hand, the retest of the 0.6738 level with the following breakout may push the pair higher to the resistance at 0.6757. The next resistance will be placed at 0.6782.




Choose your payment system


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