GBP/USD Daily analytics
13:15 15.02.2018
The last "Double Bottom" pattern led to the current upward price movement. The main intraday target is the next resistance at 1.4149. Meanwhile, if we see a pullback from this area, there'll be a moment to have a downward correction.
Bulls have...
EUR/USD Daily analytics
13:10 15.02.2018
The main trend is still bullish, so the market is likely going to reach the next resistance at 1.2537 - 1.2569. If a pullback from this area happens little later on, there'll be an opportunity to have a decline towards the closest support at 1.2453 -...
CAN BITCOIN RETURN TO UPTREND?
10:03 15.02.2018
A lot has happened to Bitcoin since the start of 2018. The recent weeks haven’t been easy for the cryptocurrency: BTC/USD fell to $6,000 on February 6. Since then, some recovery took place. Yet, the highs of 2017 in the $20K area remain far away...
USD/JPY Daily analytics
07:00 15.02.2018
Recommendation:
SELL 107.40 SL 107.95 TP1 106.40 TP2 105.35 TP3 102.80
SELL 108.05 SL 108.60 TP1 107.00 TP2 106.4 TP3 105.35
On the daily chart, USD/JPY bears managed to lead the pair out of the long-term consolidation range of 107.35-115.35. As a...
EUR/JPY Daily Analytics
06:51 15.02.2018
Recommendation:
BUY 133.40
SL 132.85
TP1 134.40 TP2 135.40
On the daily chart, EUR/JPY reached 88.6% target of a “Shark” pattern. As a result, risks of a pullback increased. A pin bar increases the risks of a correction. Its high forms resistance at...
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Important economic releases
February 14 at 15:30 MT time, American Statistical Services will deliver Inflation data, which will be important for the US dollar. Consumer price index will be counted 2 times: as CPI and core CPI (excluding food and energy). These are key inflation gauges that are...
DOES THE VALENTINE’S DAY REALLY AFFECT THE FOREX MARKET?
10:41 14.02.2018
The Valentine’s Day is one of the days during a year that brings the biggest amount of money to an economy.
An interesting fact is that for this holiday people buy presents not only for their lovers but for families and...
GBP/USD Daily analytics
10:19 14.02.2018
There's a bearish "Pennant", so the pair is likely going to achieve the nearest support at 1.3741. Meanwhile, if a pullback from this level happens afterwards, bulls will probably try to reach the next resistance at 1.3895 - 1.3944.
The market is...
EUR/USD: "TRIPLE BOTTOM" PATTERN
10:17 14.02.2018
The main trend is still bullish. Also, there's a "Triple Bottom" pattern, which has been confirmed. So, the market is likely going to test the nearest resistance at 1.2405 - 1.2434 in the short term.
There's a confirmed "Double Top"...
EUR/USD Daily Analytics
10:17 14.02.2018
The main trend is still bullish. Also, there's a "Triple Bottom" pattern, which has been confirmed. So, the market is likely going to test the nearest resistance at 1.2405 - 1.2434 in the short term.
There's a confirmed "Double Top" pattern, so the...
THE US DOLLAR WEAKNESS AHEAD OF CPI DATA
08:37 14.02.2018
Today we expect the CPI and Retail Sales data at 15:30 MT time. If we look at charts, the greenback is depreciating against all currencies.
Why is it happening with the US dollar and what should we expect from the inflation data?
Let’s...
GBP/USD Daily Analytics
07:33 14.02.2018
Recommendations:
SELL 1.415 SL 1.4205 TP1 1.405 TP2 1.3950
SELL 1.3795 SL 1.3850 TP1 1.3695 TP2 1.3560
On the daily chart, GBP/USD bulls managed to defend the important level of 1.3830 and want to consolidate in the 1.3800-1.4150 area. If the pair...
GBP/USD: BEARISH "PENNANT"
10:19 14.02.2018
There's a bearish "Pennant", so the pair is likely going to achieve the nearest support at 1.3741. Meanwhile, if a pullback from this level happens afterwards, bulls will probably try to reach the next resistance at 1.3895 - 1.3944.
The market is...
USD/CHF Daily Analytics
07:25 14.02.2018
Recommendations:
BUY 0.9465 SL 0.941 TP 0.955 TP2 0.9655
SELL 0.926 SL 0.9315 TP1 0.916 TP2 0.906 TP3 0.9015
On the daily chart of USD/CHF, the inability of bulls to keep the pair above 0.9410 points at their weakness. Return to correction low at...
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On February, 3rd FBS participated in Thailand’s biggest financial event - Traders Fair And Gala Night featuring traders, top speakers, companies, lots of entertainment, delicious Thai buffet, and exclusive specials.
Mr. Jirapat Wisetsil was the luckiest visitor who won...
FBS Birthday: Celebrate & Win!
FBS is celebrating its 9th birthday, which is a very important milestone for our clients and the entire FBS family! We’ve accomplished so much during these 9 years:
• Hit a milestone of 6 000 000 traders
• Raffled 8 luxurious cars and held 6 Traders Parties
•...
Safe haven currencies.
Overall a safe haven asset is an investment that is expected to strengthen during the periods of uncertainty. Besides other assets, some currencies are sought by investors to limit their exposure to losses when the market is in the state of risk aversion and they are...