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.

Join the Facebook community of FBS!

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

View
Tesla killed two people, USD is at one-month low, and other news

Tesla killed two people, USD is at one-month low, and other news

Information is not investment advice

Here’s what you need to know:

  • A Tesla electric car with no driver crashed into a tree in Texas. Two passengers died. It may press Tesla stock down.
  • The US dollar is at its one-month low as Treasury yields dropped to the lowest level in five weeks. It was caused by Fed’s statement that any hike in inflation is likely to be temporary.
  • The record oil oversupply is almost gone, the demand is picking up. The re-balancing should continue, which is a positive factor for oil prices.

Tech analysis

EUR/USD has failed to cross the upper trend line at 1.2000 so far. If it manages to do so, the way up to the 100-day moving average of 1.2050 will be open. It’s likely to happen if the US dollar keeps weakening. On the flip side, if it crosses the 50-day moving average of 1.1960, it may drop to the 200-day MA of 1.1900.

EURUSDDaily.png

Gold has been rising for the third day in a row! Now it’s getting closer to the resistance of $1790. Once it’s broken, the way up to the high of February 23 at $1815 will be clear. In the opposite scenario, the move below the recent low of $1760 will press the pair down to the $1745 support.

XAUUSDH4.png

USD/JPY is getting ready for the reverse. All the signs are there. The RSI indicator went below the 30.00 level, the price has crossed the lower line of Bollinger Bands, and it’s getting closer to the 108.40-support level, which it has failed to cross several times in March. On the way up, the pair will meet the following resistance levels: 109.00 and 109.20. However, if bears keep momentum and the price breaks further below 108.40, it may fall to 108.25 and then even to 108.00.

USDJPYH4.png

LOG IN

Similar

The USD Awaits Key Jobs Data

The United States will publish the non-farm employment change, also known as non-farm payrolls or NFP at 15:30 MT (GMT+3) time on August 6.

Popular

The USD Awaits Key Jobs Data

The United States will publish the non-farm employment change, also known as non-farm payrolls or NFP at 15:30 MT (GMT+3) time on August 6.

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