flag-gb flag-my flag-zh flag-id flag-th flag-vi



The offered tone around the euro persists, however, the US dollar retracement helped the single currency to reverse some losses during the night. The major bounced from 1.1750 in the early Asian session and strengthened to 1.1770. The pair switched to the bearish in the mid-Asian session and edged lower after that. The resistance resides at 1.1800, the support comes in at 1.1750. The EUR/USD pair is flirting with 1.1750 the loss of which is needed them for extension towards the next strong support at 1.1700.



Fresh bearish acceleration on Tuesday met an obstacle at 1.3150. The pound rebounded from the mark and grew to 1.3209 where the recovery stalled. The bears tightened grip in the night and sent the rate back below 1.3200 handle. The resistance lies at 1.3200, the support comes in at 1.3100. Sellers may extend their gains down to 1.3100 in the coming sessions.



The tone is still positive in the market. The US dollar bounced off the 112.00 handle and grew to 112.70 during the night and morning trades. The resistance lies at 113.00, the support comes in at 112.00. Should the US dollar recover ground and advance beyond the 112.70 mark, the rally can extend up to 113.00 in the short term.



The offered tone around the pound eased when the major reached 148.00. The spot bounced off the level and recovered to the level 148.50 afterwards. The resistance lies at 149.00, the support is at 148.00. The EMA200 together with the 148.00 handle stopped sellers. Despite the pull back the pair may turn bearish again in the short-term. We do not exclude another sellers’ attempt to regain 148.00.



The euro spent the night at the level 132.00. The major bounced from the EMA200 and the 132.00 handle in the morning and started its recovery. The euro was strengthening the whole European session and reached 132.50 ahead of the NY opening. The resistance lies at 132.50, the support is at 132.00. If a buying pressure remains intact a firm break above the 132.50 hurdle would open 133.00.



The AUD/USD pair failed to advance beyond 0.7850. The level rejected the spot downwards which eased to 0.7810. The EMA50 provided the AUD support and stopped its decline. The resistance is at 0.7850, the support stands 0.7800. If sellers break below the EMA50 and the level 0.7800 the pair may extend its downward trajectory towards 0.7770.



Market positive mood persisted on Wednesday. DAX was able to escalate to 13100 during the European hours. The resistance lies at 13100, the support exists at 13000.  Buyers finally gathered enough steam to leave the flat around 13000. Now they need to hold above 13000 to continue their buying traction.



NASDAQ finally reclaimed 6120 and edged higher. Buyers were pushing the benchmark upwards the first part of the day and reached 6130 by noon. The resistance lies at 6160, the support exists in at 6120. NASDAQ may continue its upward trajectory. The index aims at 6160 now.

Read the full review on our site:

Latest news

Deposit Bonus 200%

2021-04-13 10:05:09

Only from April 12, 2021, to May 14, 2021, Deposit Bonus 200% is available for all FortFS clients! Use the advantage to engage for the unique offer within a limited period: activate the deposit bonus and get up to 200% on the deposit amount on your trading account! How to get a Deposit Bonus of […]

Reduced spreads for popular pairs

2021-02-11 15:07:39

FortFS wishes all traders a Happy Chinese New Year! Only from February 8 to March 12, 2021, we reduce spreads for the 4 most popular trading pairs. New values*: EURUSDf: 0.8 GBPUSDf: 0.9 USDJPYf: 1.0 XAUUSDf: 3.5 *These values are valid only for FLEX accounts Hurry up to take advantage of the offer! Learn more about spreads: https://www.fortfs.com/clients/specifications