
What will happen? FOMC press conference is among the primary methods the Fed uses to communicate with investors regarding monetary policy…
2021-01-29 • Updated
We are used to discussing gold as if it was the only actor on the stage. In the meantime, silver made a 100% value gain in 2020 - much more than gold did. It should already be enough to be considered in line with gold as a potentially very benefitial asset to trade. The weekly chart below proves that idea.
On the H1, silver made a local breakthrough, too. After going mostly sideways along the level of 25.00, it made a straight leap to 27.00 - which is almost a 10% gain in one day! Currently, it trades above 26.00 but the volatility is obvious: hence, the potential profitability. Don't give in to the frenzy that quickly, though: if you observe more performance of this metal, you'll see plunges even more spectacular than this rise. Therefore, be prepared for a bearish scenario where silver cedes the gains and gets down to touch the Moving Averages again. After, it may keep conquering the upside.
What will happen? FOMC press conference is among the primary methods the Fed uses to communicate with investors regarding monetary policy…
The US broad-market index, S&P 500, has been pressed below the 50-day moving average for the first time since March! Why?
Bitcoin At the end of the past week, Bitcoin broke through the big resistance level of $50 400 and reached $51 500 after the worse-than-expected US labor data…
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.