Forex today: markets are calm

Forex today: markets are calm

  • The USD reached the highest level since January 2018. However, could not stick at new highs and slightly fell. The US dollar index is still at a good level near $90.70. CB Consumer Confidence will be released today. A forecast is negative. If an actual data is greater than the forecast, the greenback will make new records.
  • As the situation in the political and economic arena has not changed a lot, there are no significant changes in currency’s movements. Pound, yen, New Zealand dollar continue to depreciate versus the greenback.
  • EUR/USD is trading around 100-day MA. The further movement will depend on strength of bulls and bears. If bulls are able to pull the pair above the MA, the pair will rise to the pivot point at 1.2231. If bears are stronger, EUR/USD will fall further to the support at 1.2172. No crucial data are anticipated today.


  • The Australian dollar managed to turn around. A previous trading day was bad for the aussie. The AUD/USD pair plunged to the lowest level since the end of December 2017. The aussie might fall further today as CPI and Trimmed Mean CPI data were not strong. AUD/USD almost reached the support at 0.7574 but rebounded. Bulls should be more active to break the pivot point at 0.7628. There is a high possibility of the return to the support at 0.7574.



  • Oil is rising because of an unstable environment in the Middle East. A conflict between Saudi Arabia and Yemen is extending. On Monday talks about a death of a head of the Houthi Supreme Political Council appeared. Houthis accuse Saudi Arabia of this death. As a result, oil surged. Brent hit highs of November 2014, the oil benchmark is above $75; WTI rose as well, the commodity is above $69.
  • Oil is making new records, so the Canadian dollar managed to increase a little bit. After the 4-day rise, the USD/CAD pair turned around, but the trade is not extensive. If USD/CAD breaks the resistance at 2.2870, it will move further to 1.2945. If bears are strong enough, the pair will reach the support at 1.2805. No important data is anticipated today. Tomorrow a BOC’s governor Mr. Poloz will give a speech before the Standing Senate Committee on Banking, Trade and Commerce (11:15 MT time).


That is all for today. Follow markets news with us!


USD Holds the Line
USD Holds the Line

The US dollar index keeps rounding above the 103.60 historical support level. The buyers have already defended this level for three weeks, highlighting their interest in the greenback. Thus, buying USD looks less risky right now. 

US Dollar Prepares for the Pump
US Dollar Prepares for the Pump

On the H4 timeframe, the US dollar index has formed a bullish falling wedge. At the beginning of the trading session, the price is testing the upper border of this wedge. Thus, in case of a higher-than-expected Core PCE Price Index m/m, the US dollar will skyrocket against other currencies. 

Uptrend in Gold Starts Now
Uptrend in Gold Starts Now

Happy Wednesday, traders! We went through the Internet and found the best news for you, take a look!

Latest news

Market Crash Incoming?
Market Crash Incoming?

This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.

What Currency Will Overperform?
What Currency Will Overperform?

S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.

Deposit with your local payment systems

Feel the Team Spirit

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.


A manager will call you shortly.

Change number

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

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

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.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera