
Russian-Ukrainian conflict is influencing every economic aspect…
EUR/AUD has formed a symmetrical pattern. Thus, we should wait for the breakout. The upper line of the triangle coincides with the 50-day moving average of 1.5550, making it harder to break. If it manages to cross it, the way up to the recent highs of 1.5600 and 1.5660 will be open. In a more probable scenario, if it reverses and drops below the lower line of 1.5450, it may fall further to the recent lows of 1.5370 and 1.5260.
EUR/USD is moving down. It has failed to break the trend line so far at 1.1700, but if it does, the way down to November’s low of 1.1630 will be open. On the flip side, if it jumps above the high of March 26 at 1.1790, it may rise to the 200-period moving average of 1.1870.
USD/JPY is moving sideways just below 111.00. If it finally manages to break through this resistance level, the way up to the next round number of 111.50 will be clear. In the opposite scenario, if it drops below yesterday’s low of 110.50, it may fall to the next support of 110.25.
GBP/USD is trading inside the descending channel. If it manages to break the support level of 1.3750, it may fall to yesterday’s low of 1.3715. In the opposite scenario, the move above yesterday’s high of 1.3800 will push the pair higher to the 100-period moving average of 1.3840.
AUD/USD sharply dropped. If it crosses the lows of late December at 0.7510, the way down to the next support level of 0.7400 will be open. On the flip side, if it jumps above yesterday’s high of 0.7640, the way up to the high of March 22 at 0.7750 will be open.
Russian-Ukrainian conflict is influencing every economic aspect…
Last week was very interesting for the markets, as we saw the releases of the US Inflation and Disney’s earnings report. So let's see what we should await this week!
The volatility that the markets experienced last week promises the second tidal wave! What should your favorite assets anticipate during the first week of February?
The United States will publish the Preliminary GDP on Thursday, May 26, at 15:30 GMT+3.
The Reserve Bank of New Zealand will publish a monetary policy report and make an update on the interest rate on May 25, at 05:00 GMT+3.
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
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.