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.

76.5% 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.

Markets are calm ahead of US inflation

Markets are calm ahead of US inflation

Information is not investment advice

Latest news

  • The greatest sale of Bitcoin continues! It has approached the psychological mark of $30,000. The breakout will open the doors to further dips.
  • The traders’ focus remains on Thursday’s report on US inflation, which may push the Federal Reserve to start discussing tapering bond-buying.
  • The oil keeps rallying up. WTI oil surpassed the key level of $70 a barrel as investors believe the recovery from the pandemic will boost oil demand.
  • Pfizer and BioNTech will start vaccine trials on children less than 12 years old. The stock trading opens at 16:30. Check these stocks, they may significantly rise on this positive news!
  • Today, the Bank of Canada will make a statement at 17:00 GMT+3. The BOC was the first one to tighten its policy. This time, most analysts expect the bank won’t make any hawkish moves but may hint at tapering in July.
  • Crude oil inventories will be released at 17:30 GMT+3. Follow the report and keep an eye on oil prices: XBR/USD (Brent oil) and XTI/USD (WTI oil).

Technical outlook

EUR/USD

The most-traded pair in the Forex market is moving inside the descending channel. The move below yesterday’s low of 1.2170 will press the pair down to Monday’s low of 1.2160. On the flip side, if it manages to break above the 50-period moving average of 1.2185, it will rally up further to 1.2200.

EURUSDH4.png

Gold

XAU/USD is trending up but has failed to cross the psychological mark of $1900 so far. If it manages to break the resistance zone of $1900-1910, it may surge to January highs of $1950. Support levels are at the recent lows of $1885 and $1870.

XAUUSDDaily.png

USD/CAD

The Canadian dollar gained after the Bank of Canada cut asset purchases. If the bank hints at more tapering in July Durant today’s meeting, the USD/CAD could fall even more and break the support level of 1.2000. If it does so, the way down to the next round number of 1.1900 will be open. Resistance levels are at the recent highs of 1.2150 and 1.2200.

USDCADDaily.png

LOG IN

Similar

Will the Fed Surprise Investors?

The Federal Reserve will make a statement regarding the future monetary policy on Wednesday, June 15, at 21:00 MT time (GMT+3).

Popular

How Will US PMIs Affect the USD?

The US Markit will publish Flash Manufacturing and Flash Services PMIs (purchasing managers' indices) on June 23 at 16:45 GMT+3.

Will Fed Chair Powell Move the USD?

The Fed Chair Jerome Powell will testify on the Semi-Annual Monetary Policy Report before the House Financial Services Committee on June 22-23 at 17:00 GMT+3.

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