Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

NZD/JPY: watch the resistance
NZD/JPY: watch the resistance

NZD/JPY has performed well this month forming higher lows and highs. It was supported by the 50-day MA in July and took off from that level.

EUR/JPY: the trend is bearish
EUR/JPY: the trend is bearish

EUR/JPY broke the support line connecting June lows and thus resumed the downtrend which has been in place since the start of 2018.

BTC/USD: a top?
BTC/USD: a top?

It seems that BTC/USD formed a “double top” after it had met resistance at the 61.8% of the 2017-2018 decline in the 13,500 area.

GBP/USD is still weak
GBP/USD is still weak

GBP/USD recovered last week from the 1.2440 area but met resistance around 1.2570.

Bad days for EUR/NZD
Bad days for EUR/NZD

Last week EUR/NZD tried to test levels above 1.70 but failed to hold there and ultimately closed at 1.6820.

NZD/USD: upside won’t be easy
NZD/USD: upside won’t be easy

NZD/USD has been trading in a very volatile fashion recently. The latest development has been that the pair met resistance in the vicinity of 0.67.

EUR/CHF is still in trouble
EUR/CHF is still in trouble

It seems that EUR/CHF is having trouble with returning above 1.1150 (61.8% Fibo of the 2017-2018 advance; 50-month MA).

 USD/JPY has bottomed out
USD/JPY has bottomed out

USD/JPY formed a higher low last week. Then it broke above the resistance line connecting May 13 low and the highs of June.

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.

Callback

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!

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