Forex today: no significant movements

Forex today: no significant movements

  • On Monday, the US dollar index tested lows near $93.60. Tuesday’s trading isn’t extensive, but the index is at $94. ISM non-manufacturing PMI (17:00 MT time) should support the greenback. The forecast is positive, if the actual data is greater, the greenback will rise.
  • The euro’s trading isn’t extensive. Traders are looking at European economic data. The data are mixed, as a result, EUR/USD doesn’t show an accurate direction. The pair is trading near 1.17. More economic data will be released during the day. The further movement will depend on them. The euro is anticipated to trade within 1.1650-1.1750.


  • The pound is rising. GBP/USD rebounded from the pivot point at 1.33. Services PMI data was greater than the forecast. As a result, the pound is confidently going up. Resistances are at 1.3375 and 1.34. The support is still at 1.33.


  • The Australian dollar lost some pips because of the negative economic data (current account -10.5B actual vs -9.9B forecast) and no news from the Reserve Bank of Australian. On Monday, the AUD/USD pair closed above the resistance at 0.7640. Up to now, it’s trying to stay above this level. However, the aussie needs more support. No more important data will be released today, moreover, if the greenback rises higher, the aussie has risks to fall below 0.7640. Tomorrow traders will look at Australian GDP growth. The forecast is encouraging. If the actual data is greater, AUD/USD will move to 0.7660.


  • The US dollar continues to rise versus the Japanese yen as there are no significant political and economic tensions. On Monday, USD/JPY closed above the resistance at 109.70. Up to now, the trading is not extensive, however, the pair remains above this level. If the US dollar falls, there will be chances for the yen. So the pair will break below 109.70. Otherwise, the pair will remain above that level. But 200-day MA (110.20) will weigh on the pair.


  • The US dollar is depreciating against the Canadian dollar. The pair broke the support at 1.2930 (50.0 Fibo level) and is moving down. Today traders will take into consideration Canadian labor productivity data. The forecast is encouraging. Moreover, Brent and WTI are rising. As a result, the Canadian dollar has chances for the further appreciation. The next support is at 1.2860.


  • Bitcoin is falling again. The cryptocurrency rebounded from the resistance at $7,600. Up to now, the digital currency is trading below $7,300. The support lies at $7,000. Analysts predict a collapse of cryptocurrencies in the near future.


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


USD Gains Momentum
USD Gains Momentum

The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!

Latest news

No More US Debts in Sight
No More US Debts in Sight

The first day of June should’ve brought us the US default. Unsurprisingly, the US House passes the debt ceiling bill at the latest possible moment.

Gold Rises as Central Banks Buy More
Gold Rises as Central Banks Buy More

About 24% of global central banks intend to increase gold reserves in 2023. Rising inflation, geopolitical turmoil, and worries about interest rates are reasons to increase gold reserves.

US Evades Default This Time
US Evades Default This Time

Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!

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