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.



USD Holds the Line
USD Holds the Line

The US dollar index keeps rounding above the 103.60 historical support level. The buyers have already defended this level for three weeks, highlighting their interest in the greenback. Thus, buying USD looks less risky right now. 

US Dollar Prepares for the Pump
US Dollar Prepares for the Pump

On the H4 timeframe, the US dollar index has formed a bullish falling wedge. At the beginning of the trading session, the price is testing the upper border of this wedge. Thus, in case of a higher-than-expected Core PCE Price Index m/m, the US dollar will skyrocket against other currencies. 

Uptrend in Gold Starts Now
Uptrend in Gold Starts Now

Happy Wednesday, traders! We went through the Internet and found the best news for you, take a look!

Latest news

Market Crash Incoming?
Market Crash Incoming?

This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.

What Currency Will Overperform?
What Currency Will Overperform?

S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.

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