FortFS Forex News

2021-05-14 13:00:51 RateBattle: 30 USD for USDJPY forecast!

Meet the updated version of the weekly RateBattle contest - now we accept forecasts for the USDJPY currency pair!

The participant, whose forecast is the closest to the real price, becomes the winner and receives 30 USD without trading turnover requirements!

A few simple steps to participate in the contest:
Read the detailed conditions of the contest
Post an estimated closing price for USDJPY at the end of Friday's trading session in FortFS Chat @fortfs_chat
Add a weekly hashtag with the number of a contest (#RateBattle1 for this week)
Wait for the contest results

Don't forget to read the detailed terms of the competition before taking part in it:
https://www.fortfs.com/about/news/rate-battle-usd-jpy

Follow your intuition and win! Open / Comment

2021-05-14 11:51:51 Technical analytics

GBP/USD
Main scenario: Pullback to 1.4018-1.4060 followed by growth to 1.4100-1.4105.

XAU/USD
Main scenario: Pullback to 1827.00-1828.33 followed by extension of growth to 1843.00-1843.21.

EUR/USD
Main scenario: Growth to 1.2166-1.2178.

WTI
Main scenario: Flat in the 63.00-63.91 range.

Read more Open / Comment

2021-05-14 11:21:02 Fundamental analytics

Gold
The main scenario is a decline to 1820.00 from current levels.

EUR/USD
The main scenario is a decline from current levels in the direction of 1.2000.

Read more Open / Comment

2021-05-14 10:11:56 Daily News - Oil prices continue to move down

Canadian dollar is down 0.1%
Reuters: Fed may start tightening monetary policy in early 2022
Oil prices continue to decline

News to watch out for today:
12:30 GMT. USA: Retail Sales Report

Read more Open / Comment

2021-05-14 08:30:02 Trading signals

EUR/USD
The main scenario assumes another bulls' attack at 1.2090.

GBP/USD
The main scenario is a recovery to the 1.4120 area.

XAU/USD
The main scenario is a move towards 1840.

Read more Open / Comment

2021-05-13 13:16:31 Technical analytics

GBP/USD
Main scenario: Decline to 1.4000.

XAU/USD
Main scenario: Decline in direction 1790.00-1797.50.

EUR/USD
Main scenario: Flat in the 1.2061-1.2096 range.

WTI
Main scenario: Decline in direction 63.00.

Read more Open / Comment

2021-05-13 10:38:21 Fundamental analytics

Gold
The main scenario is an increase to 1825.00 and a decline to 1810.00.

WTI
The main scenario is a decline to 64.00.

Read more Open / Comment

2021-05-13 09:33:58 Daily News - stock market sales continue

Global stocks continue to fall
Oil prices fell by more than 1%
The dollar holds the positions reached the day before

News to watch out for today:
12:30 GMT. USA: weekly data on initial claims for unemployment benefits
12:30 GMT. USA: Producer Price Index (PPI)
16:00 GMT. Great Britain: speech by the Governor of the Bank of England Andrew Bailey

Read more Open / Comment

2021-05-13 09:19:24 Trading signals

EUR/USD
The main scenario is a decline towards 1.2020.

GBP/USD
The main scenario is a further decline towards 1.4010.

XAU/USD
The main scenario is a further decline towards 1795.

Read more Open / Comment

2021-05-12 12:09:16 Technical analytics

GBP/USD
Main scenario: Flat in the 1.4102-1.4156 range.

XAU/USD
Main scenario: Decline to 1815.00-1810.00.

EUR/USD
Main scenario: Decline from 1.2142 to 1.2112 and 1.2088.

WTI
Main scenario: Decline from 66.00 to 64.31-64.51.

Read more Open / Comment