The USD loses its grip over currencies as lighter moods enter the market.
June 30: heads up to the Fed chair testimony
The day has started with a stronger dollar, as bulls pushed USD/JPY higher. Up next, let's wait for the economic releases for Canada, speeches by the FOMC members, and, most importantly, the Fed Chair Powell's testimony.
Let's consider the key levels for today!
The market sentiment deteriorated amid increasing virus cases in the USA and Australia. Gold, USD and JPY are gaining, while stocks and riskier assets are loosening.
Risk sentiment became off by the end of the week. Watch the video to explore the interesting patterns which present themselves on the charts!
Drawing trendlines is the key skill for every trader who wants to be successful. Watch the video to find out how to do it correctly!
Is trading EUR/USD different from trading GBP/JPY? How do currencies react to the news? How to trade with profit? In this video, FBS expert Elizabeth Belugina provides insights into the Forex market.