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The euro was positive during the day. The price recovered after Tuesday’s drop. The EUR/USD pair turned around ahead of the US opening. The price decreased and briefly returned below 1.1200. The resistance is seen at 1.1200, the support stands at 1.1150.

A close below 1.1200 will trigger losses towards 1.1150. Buyers have a chance to lift the price as long as the pair is above 1.1200.

A bearish tone prevails in the 4 hours chart. Sellers hold the pair onto recent lows during the Asian and European sessions on Wednesday. The GBP/USD slightly recovered from the level 1.2700 in the North American session. The current resistance is seen at 1.2800, the support lies at 1.2700.

The trend is still bearish. However, the pair may recover towards the 1.2800 – 1.2850 region. It is a good opportunity to place sell orders there. The next sellers’ target is the level 1.2700.

Buyers continued to dominate in the market. The price extended its gains yesterday. The pair grew and was able to test the level 103.50. The resistance is at 103.50, the support comes in at 102.50.

If the level 103.50 remains unbroken the price will roll back to 102.80. A break above this level risks a growth towards the mark 104.00.


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8,88% Ultimate Cashback

2019-09-02 13:56:46

FortFS brings back the Ultimate Cashback promotion! The promotion is aimed to get the balance compensation per each trade closed with the negative result. Compensated amount is fixed and is equal to 8,88% of the loss amount. All compensations are credited into the trading account automatically. The promotion is available on FORT and FLEX accounts. […]

Reduced spreads are available until September 30!

2019-07-30 09:15:29

Dear traders and partners, FortFS extends deadlines for the reduced spreads! From July 19 to September 30, 2019, spreads for the 4 most popular currency pairs are: EURUSDf: 0.8 GBPUSDf: 0.9             USDJPYf: 1.0             XAUUSDf: 3.5