The risk-on sentiment pushes USD/JPY and USD/CHF higher

The risk-on sentiment pushes USD/JPY and USD/CHF higher

The trade talks between the US and China have been optimistic for now. Reportedly, China has agreed to buy record volumes of pork from the United States. Also, Chinese Vice Premier Liu He said that China was willing to reach an agreement to prevent further escalation of the trade war.

  • USD/JPY broke the upper border of an ascending trendline and tested the 107.96 level. The next resistance will lie at 108.07. If the pair reverses, it will face the support at 107.54 (100-period SMA). After that, the next support will be placed at 107.35.


  • USD/CHF tested the highs above the 0.9965 level. If this level is broken, the next resistance will lie at 0.9985. From the downside, support levels are 0.9925, 0.9917 and 0.9907.



What to Trade on August 29 - September 2?
What to Trade on August 29 - September 2?

Last week several important economic updates influenced the Forex market. US preliminary GDP fell less than expected (0.6% actual vs. 0.7% forecast). Below you will find the key events to trade on during the week from August 29 to September 2.

Latest news

FED and BOE Make Another Attempt to Beat Inflation
FED and BOE Make Another Attempt to Beat Inflation

The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.

Deposit with your local payment systems

Feel the Team Spirit

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!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

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