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2022-06-06 11:39:42 It’s summertime! Let’s see how you can boost your income

Let’s see which of the trading instruments might benefit you in June. Subscribe to our page and profit from our financial insights.

𝗨𝗦𝟭𝟬𝟬 & 𝗨𝗦𝟱𝟬𝟬
US indices demonstrated a strong monthly close. With the main support level at 3 800, US500 has all chances to reach 4 400 by the end of June.

𝗕𝗶𝘁𝗰𝗼𝗶𝗻
Bitcoin is trading right above the 200-week moving average and is expected to follow the US indices. In this case, the price might reach $36 000.

𝗛𝗞𝟱𝟬
The Chinese economy is expected to improve, indicating a bottom for stocks in the region. HK50 is heading towards 23 000.

𝗕𝗿𝗲𝗻𝘁
XBRUSD is heading towards $130. As soon as the price closes, and a daily candle above $118, consider buying XBRUSD with the target at $130.

𝗘𝗨𝗥𝗨𝗦𝗗
Usually, risk assets have a negative correlation with the US dollar index. In this case, EURUSD might be the right choice to buy. The price might reach 1.0950 shortly. Open / Comment

2022-06-03 17:45:52 Bitcoin at the start of the Summer

Buy or Sell? Open / Comment

2022-06-03 17:12:51 Passive income is easy like 1, 2, 3. How?
Hurry up to watch the video - https://bit.ly/3aFQaBt Open / Comment

2022-06-03 10:10:35 The US stock market continues to recover. Last week, S&P 500 (US500) gained almost 7%, while US100 increased over 9%. This week, Bitcoin is among the favorites. The first cryptocurrency is up by 4% at the beginning of the week. The optimism was caused by the Core Price Index for personal consumption expenditures, the primary indicator of inflation for the Fed, which declined in April to 4.9% from 5.2% a month earlier.

Moreover, household spending is also falling. Asian markets are also in the green zone amid the easing of restrictions in Shanghai. The possible abolition of trade restrictions between China and the United States positively affects the markets as well.

The US dollar index (DXY) got rejected out of the global resistance level of 103. Usually, when the US dollar index plunges, investors turn to risk assets. This time will not be an exception. That’s why traders might consider looking for a BUY trade in the most prevalent risk assets such as EURUSD, US500, US100, and Bitcoin. Open / Comment

2022-06-02 17:49:12 The market is gaining volatility ahead of tomorrow's NFP release. Just look at the spike of gold! Did you buy it? What is your target?

Share in the comments! Open / Comment

2022-06-01 12:13:20 Dream big to do great!

We’ve fulfilled many wishes in the Dreams Come True contest, changing lives and the world for the better. We’ve achieved a lot together, so let’s recap!

Holman Poveda from Colombia wishes to support low-income mothers. We sent him welcome kits for babies, and he delivered them to hospitals in Bogota.

Mahmoud Mohamed from Mansoura dreams of doing a library project. He received a new photocopier and printer from us.

The passion of Djahe Diplo Ange Kevin from Côte d'Ivoire is a football. We presented him with new football equipment.

Albanus Mtitu from Tanzania dares to create a documentary about the hardships that children of rural Tanzania face getting an education. We gifted him a new camera.

Mohammed Mazen from Syria managed a restaurant until the war came. But he starts afresh. We gave him a fridge, meat grinder, and blender.

These stories show that dreams make life worth living.

Join Dreams Come True to reach your wish too!

https://bit.ly/3x7KCbu Open / Comment

2022-06-01 09:58:05 Let’s get ready to trade well this week!

ISM manufacturing – PMI June 1, 17:00 MT time
OPEC meeting – June 2, all day
US NFP – June 3, 15:30 MT time

The economy is damaged due to inflation, rising rates, supply issues, and geopolitics. So, there is a high chance of ISM PMI decrease. Plus, the index may enter the contraction zone (fall below 50.0) and press more on USD and stocks. If purchasing managers consider the economy weak, the broad market should also be worried.

OPEC wants to stand on the sidelines but faces pressure to boost production. There is a chance OPEC will deny increasing oil output and push the prices higher. The last meeting started an uptrend that led to a 99% soar in XBRUSD. This is a long-term trade, so you don’t need to rush.

NFP and unemployment rate help understand overall economic health and predict the future Fed readings results. Gold and USD are highly affected by this data. Last month gold lost 1500 points first and then soared by 1780 points.

Trade with FBS! Open / Comment

2022-05-30 15:05:56 Catch a chance: Amazon approves 20:1 stock split

Amazon stock might become more affordable after its shareholders approved a 20-for-1 stock split at Wednesday’s annual meeting.

What does it mean for traders?
Splits increase liquidity by making stocks more accessible to retail traders and investors. This split decreases the stock price from $2000 to $100, providing a great opportunity to become a part of this giant company.

Traders will receive 20 stocks for each one they currently own. The profit of clients isn’t affected by this. But split influences the stock value, charts, pending orders, stocks’ number in open positions, and opening prices.

A stock split doesn’t make a big change for the company either. However, over 70% of companies show growth after this. Plus, it usually leads to increased interest from retail traders.

The FBS analysts suggest the price may reverse at $2030 and fly towards the 50-month moving average at $2430, about 20% profit.

Would you add Amazon stock to your portfolio? Open / Comment

2022-05-27 14:16:46 Everything is unpredictable, but FBS. Here comes a new educational video from FBS experts. Hurry up to watch the video to know how to keep up with the market

https://bit.ly/3xckwDp Open / Comment

2022-05-27 10:47:59 The market schedule changes in June due to some holidays: the Spring Bank Holiday and the Queen’s Platinum Jubilee in the UK, Tuen Ng Festival in Hong Kong, the Queen’s Birthday holiday in Australia, Corpus Christi Day in Brazil, and Juneteenth in the USA.

June 2, 2022:
Closed for the whole day – UK100, LSE stocks

June 3, 2022:
Closed for the whole day – LSE stocks, HK50

June 13, 2022:
Only second session is available – AU200

June 16, 2022:
Closed for the whole day – USDBRL

June 20, 2022:
Closed earlier at 20:00 MT time – US 30, US 500, US 100, XAUUSD, XAGUSD, XTIUSD, XNGUSD, XBRUSD, JP 225

Closed for the whole day – US stocks

Mind these changes when planning your trading.

Follow FBS to know the latest news first Open / Comment