Market updates on August 30

Market updates on August 30

Canadian GDP growth – 15:30 MT (12:30 GMT) time

US personal spending - 15:30 MT (12:30 GMT) time

  • EUR/USD has broken the lower border of the symmetrical formation and retested the 1.1032 level (the minimum of August 1). The support levels at 1.1032-1.1025 will remain in the focus of bears. After the breakout, you will need to keep an eye on the 1.10 handle. From the upside, the first resistance level will be placed at 1.1056. If it is broke, the pair will rise as far as the 1.1086 level will be reached.


  • During the Asian trading session, the release of Australian building approvals disappointed the market. The indicator fell by 9.7% (vs. the expected increase of 0.2%). As a result, the Australian dollar has moved down to the 0.6706 level on the news. The further direction of the aussie will depend on the risk sentiment in the market. If the risk sentiment increases, the pair will rise towards the resistance at 0.6744. The next key level for bulls will lie at 0.6762.


  • The Canadian dollar is awaiting the release of its GDP data. At the moment the USD/CAD pair is trading near the key support at 1.33. If the Canadian dollar is supported, the current level will be broken and the next support in focus will lie at 1.3277. If that level is broken too, the next support will lie at 1.3260. From the upside, pay attention to the resistance at 1.3313 and the next one at 1.3325.



News for The Week
News for The Week

US stock markets started falling, while the US dollar is rising. What to expect from

Latest news

The US Dollar Is Correcting
The US Dollar Is Correcting

Inflation in Europe was released better than the forecast. The preliminary fact was published at 4.3%. What's happening in the markets?

Bearish Signal For The USD
Bearish Signal For The USD

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!

Deposit with your local payment systems

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!

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