Online Forex broker
EUR/USD has dropped back to the 50% Fibonacci level at 1.2150 after breaking it. It should be just a natural sell-off ahead of the further rally up to the 61.8% Fibo level at 1.2200. EU speeds up vaccinations, so it may help the euro to rise. Support levels are at the recent lows of 1.2100 and 1.2030.
GBP/USD has broken the ceiling of the channel established in November. The way up to the next resistance at 1.4250 is clear now. However, the RSI indicator in combination with the Bollinger Bands point to the overbought zone. Thus, we could see a drop to the recent low of 1.4050 soon. The next support will be at 1.4000.
USD/JPY has approached the 200-day moving average of 105.50. If it manages to break it, the way up to the next round number of 106.00 will be open. Support levels are Monday’s low of 105.00 and the low of February 9 at 104.50.
NZD/USD is heading to 0.7400. If it manages to break it, the way up to the next round number of 0.7500 will be clear. In fact, if we look at the monthly chart, we’d notice that 0.7500 is a key level that was support, but now plays as a resistance. Since the price retraced back to this level, it is likely to reverse down. Support levels are 0.7150 and 0.7000.
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 US will reveal Non-farm payrolls on January 7, Friday, at 15:30 GMT+2 (MetaTrader time).
The US Bureau of Economic Analysis will publish Core Personal Consumption Expenditures (PCE) on May 27 at 15:30 GMT+3.
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.
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.
|
