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.

Nikkei's 225 Dropped, OPEC+ Is Eyed

Nikkei's 225 Dropped, OPEC+ Is Eyed

Information is not investment advice

Latest news

  • Stocks dropped at the start of the week as investors are worried over rising costs, supply-chain issues, and inflationary pressures as they can slow down the economic growth.
  • Traders keep monitoring the debt worries of Evergrande. China’s company has already missed two bond interest payments in the past weeks.
  • BioNTech, the Covid-19 vaccine maker, claimed that a new vaccine may be needed by mid-2022 to protect against the mutations of the virus.
  • Merck developed a medicine that decreases the risk of death by nearly 50% in Covid patients. If it is authorized by US authorities, the drug can become the first oral antiviral medicine for Covid-19!
  • Bad news for US stocks: voting on the bipartisan infrastructure bill was suspended. S&P 500 is trading below the 100-day moving average after closing the previous week in the red.
  • News from Japan: Fumio Kishida becomes Japan's Prime Minister. USD/JPY is moving sideways near 111.00. Nikkei (JP225) has sharply dropped below 28,500.
  • OPEC+ members will meet today to discuss oil production cuts amid increased fuel prices, especially those of natural gas.

Technical outlook

Gold is trying to recover the losses. On the weekly chart, it is moving sideways near the 100-week moving average just below $1760. On the 4-chart, we see that gold has reversed down from the 100-period moving average of $1765 and edging lower to the 50-period MA of $1750, where the metal should stop falling. The breakout below this support level will open the doors to the low of September 23 at $1740. Resistance levels are the 100-period MA of $1765 and the high of September 22 at $1780.

   2.png

Here is a very strong movement in the JP 225 chart. The Japan index has massively dropped to the 50-week moving average of 28,200, which may stop the index from falling further. If it manages to close below this support level, it will drop to 27,650 – the lows of late August.

1.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