
US stock markets started falling, while the US dollar is rising. What to expect from
The US dollar continues climbing up, while the euro and the pound are dipping. Let’s have a closer look.
EUR/USD has just bounced off the key support of 1.1800. driven by upbeat economic data. If it manages to cross it, the way towards the next support at the low of August 21 at 1.1770 will be clear. In the opposite scenario, if the pair jumps above the Friday’s high at 1.1860, it may reach the key psychological mark of 1.1900.
S&P 500 has reversed its losses. If the stock index goes above the high of August 25 at 3 445, it will jump higher to the next resistance at 3 480. Otherwise, the move below the key psychological mark of 3 400 will drive the price to the low of August 20 at 3 350.
The British pound has sharply dropped amid the fears of a no-Brexit deal. If it falls below the low of August 25 at 1.3125, it may dip down to the next round number at 1.3050. On contrary, the move above the resistance of 1.3180 will prove the breakout of the descending channel and will drive the price upward to 1.3250.
Finally, let’s talk about gold. It has been still trading inside of the triangle. If it breaks through $1 925, it will be the pivotal point, which will push the yellow metal down to $1 910, Otherwise, the move above $1 950 will drive the price to the upper trendline near the $1 970 level.
US stock markets started falling, while the US dollar is rising. What to expect from
Oil prices are rising and Russia banned the export of its petrol. What's happening in the markets?
Inflation in Europe was released better than the forecast. The preliminary fact was published at 4.3%. What's happening in the markets?
XAUUSD fell below 1900 for the first time since March 2023. Meanwhile, the US dollar index gives a bearish signal. Read the full report to learn more!
Oil prices are rising while the US government is on the verge of shutting down. How will it affect the market?
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!