
The situation on the labor market still looks optimistic. Today we expect the Unemployment rate data. 3.5% is expected.
EUR/USD has broken through the upper trend line of 1.2000 and even reach the 100-day moving average of 1.2050, but has failed to close above it yet! If bulls keep momentum, the pair may rally up to the early March highs of 1.2100. Support levels are at 1.2000 and the 50-day moving average of 1.1960.
AUD/USD has approached the 0.7800 resistance, which it has failed to cross several times this year. Besides, the price crossed the upper line of Bollinger Bands, signaling the asset is overbought. Therefore, it’s likely to reverse down rather than breaking out. Support levels are at the recent lows of 0.7730 and 0.7650.
Gold is falling to Friday’s low of $1760, which it shouldn’t cross as there is the trend line. If it manages to cross it, the next support will be at $1750 near the 50-day moving average. If gold stays inside the channel and keeps rising, it may hit yesterday’s high of $1790.
USD/JPY has reversed from local dips. If it breaks the 108.50 resistance, the way up to the key psychological mark of 109.00 will be open. Support levels are 108.00 and 107.85.
The situation on the labor market still looks optimistic. Today we expect the Unemployment rate data. 3.5% is expected.
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.
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.
GDP in Europe is decreasing, but EURUSD jumped owing to the US labor market statistics.
The CAD is dominating the markets after the key rate increase! Read the full report to learn more about trading opportunities with the Canadian Dollar!
Saudi Arabia agreed to cut oil production. What will happen with the oil price now?
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.