Online Forex broker
2019-11-11 • Updated
Trade ideas
BUY 113.00; TP 113.60; SL 112.80
SELL 112.60; TP 112.20; SL 112.75
SELL 112.00; TP 111.45; SL 112.20
As the market is waiting for the release of the American Nonfarm Payrolls (NFP), let’s pick a currency pair that will definitely show a big reaction to this event. This pair is USD/JPY.
Technically it remains in an uptrend as long as it’s trading above 112.20 (100-day MA, 23.6% Fibo). At the same time, upside momentum of this trend has clearly declined. If the US figures disappoint, it will be easy for USD/JPY to break down. At the same time, as long as support stands, the pair may return to the resistance if the economic data are good.
On H4, there’s a short-term downtrend resistance line that currently limits the buyers. The market is likely to make its move after 15:30 MT time.
Last week brought a selloff in markets. Some assets reached the most crucial support levels and are likely to reverse in a short term. Be ahead of trends and make the most out of this week!
It was an intense week across all the markets! We saw decent movements of major pairs, gas, stock indices, and oil prices. What should we trade this week? Time to check!
Whenever inflation exceeds 4% and unemployment falls below 5%, the US economy enters a recession in two years.
The stock market has reversed, and now it’s going lower and lower…
Walmart is one of the biggest retail corporations in the US, with $244 billion in total assets. Does it worth buying amid rising prices and supply concerns that shatter the world economy?
Japan's inflation is set to reach 2% in April's reading, for the first time since 2015. But what about the weaker Yen?!
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.
|
