What will move the market on July 12-16?

What will move the market on July 12-16?

Much impactful news will come out this week: US inflation and retail sales, central banks’ statements of New Zealand, Canada, and Japan, Australian labor data, and even China’s GDP! Indeed, that’s a lot! How will this impact various financial assets?

Trade ideas


The last week’s risk-off sentiment pushed safe havens up (the USD, the CHF, and the JPY), while risky currencies (the AUD, the NZD, the GBP) were pressed down. The upcoming indicators may change the situation. The US inflation on Tuesday will shed a light on whether the Fed may start tightening the policy soon or not. If the Bank of Canada cuts bond buys again on Wednesday, the CAD may recover the losses caused by falling oil prices. NZD/USD awaits the Reserve Bank of New Zealand’s decision on Wednesday. The pair has reversed up from the 0.6930 support. The breakout above 0.7000 may open the doors to the next resistance level of 0.7050.


S&P 500 and Nasdaq hit all-time highs again! Meanwhile, individual stocks have interesting price movements too. For example, Amazon skyrocketed to a new record after Pentagon decided to divide the $10 billion contract of a cloud-computing deal between Microsoft and Amazon. Apple kept soaring as iPhone 12 became the most successful launch of an Apple lineup since the iPhone 6 in 2014! In addition, the expectations of iPhone 13 in September are boosting the stock price. A break above $145.00 will open the way up to $155.00.

Oil & metals

Oil prices sharply dropped due to the stalemate in OPEC+ talks. If the alliance makes a compromise, the prices may stabilize. Gold had been rallying up for three weeks in a row, but the steam waned by the end of the last week. If the uptrend continues and gold breaks above $1815, it may jump to $1830. The level of $1790 will remain strong support as it lies at the 100-day moving average and the 23.6% Fibonacci level.

Risk warning

The following information is not investment advice. Remember that trading is risky. Manage your funds carefully and remember that you can use Take Profit and Stop Loss orders to maximize your gains and limit your losses.



Latest news

USD Gains Momentum
USD Gains Momentum

The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!

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