
Gold Daily Chart Throughout last week’s trading, gold traded within a tight range, but it also managed to hold well above its 1775 support area until the end of the week, while the technical indicators has improved over the past few days, including…
2019-12-02 • Updated
On the H1 chart of NZD/CAD, the price has been rising today and has almost reached the August resistance level of 0.8598. As it has been moving above the upper band of the Envelopes, we may assume that this upward movement may continue until the price actually reaches this resistance. As the RSI and the Stochastic are already in the overbought zone, it is very likely that this level will be a market reversal point. Hence, bears need to wait until the RSI crosses the 70% upside-down and the Stochastic’s fast line crosses the slow one the same manner to confirm the downward reversal moment. The support levels for this scenario may be located at 0.8515 and 0.8500. An additional resistance level may be placed at 0.8613.
Gold Daily Chart Throughout last week’s trading, gold traded within a tight range, but it also managed to hold well above its 1775 support area until the end of the week, while the technical indicators has improved over the past few days, including…
Daily Chart The US Dollar Index tried to break above 93…
What happened? It looks like the decline in EUR/CHF to 1…
What will happen? Amazon announced the company is going to make a 1 – 20 stock split on June 3 after the trading session close (23:30 GMT+3)…
How to understand if an economy is accelerating or decelerating? What are the indicators that can guide us in this interpretation? One of the ways in which we can assess this situation is precisely the household consumption, which fundamentally refers to…
Credit cycles (or leverage cycles) represent moments in the economy of a country when families and companies get indebted, in order to invest or to spend in different segments, which ends up positively influencing the level of the general economic…
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.