All you need to know this week

The freshest ideas from FBS analysts The freshest ideas from FBS analysts                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         [FBS]( [[fbsanalytics] FBS Analytics]( [Log in]( [FBS]( Instruments of the Week Each week, we’re featuring trading instruments with reduced spreads. This week’s stars are... [FBS] FR40, EU50, and ES35, with the spreads lowered by 35%! [Take action]( Seize the moment and make the best of the enhanced conditions. [fbs] Top Gainers Last Week • Spotify Technology S.A. (#SPOT) +16.47% The significant rise in Spotify’s stock price last week was influenced by reports of upcoming price increases for its premium subscription service in various markets, including the US, later this year. These planned price hikes are part of Spotify’s strategy to enhance its revenue streams. • AUDCAD +1.33% The AUDCAD exchange rate increased by 1.33% due to weaker Canadian labor market data, specifically a decline in Employment Change by -2.2K and an increase in the Unemployment Rate to 6.1%. [Trade AUDCAD]( [fbs] Top Losers Last Week • Ulta Beauty, Inc. (#ULTA) -15.93% The significant drop in Ulta Beauty, Inc.’s stock price last week can be attributed to a cautionary statement from the company’s CEO regarding a slowdown in demand within the beauty industry as a whole. This announcement raised concerns about decreasing demand. • GBPAUD -0.90% The price movement of GBPAUD last week may have been influenced by a combination of technical bearish trends and specific economic events, particularly the bank holidays observed in Australia and New Zealand. [Trade GBPAUD]( [FBS]( [android] XAUUSD XAUUSD is in an uptrend and continues to update historical highs for the last month. Gold has bounced off support after a correction and is starting to rise again toward 261.8 Fibonacci. [FBS]( • After bouncing off the support level, XAUUSD may rise to the resistance at 2366. [android] BTCUSD After a correction, BTCUSD has resumed strong growth, forming an ascending triangle pattern. The price is currently testing the resistance level, potentially indicating a breakout. [FBS]( • Buying Bitcoin could be considered upon breaching the resistance at 71000, with a target set at the historical high of 74000. [android] USDJPY USDJPY has been moving sideways for a long time, and the price has reached the upper boundary, creating two scenarios. [FBS]( • If USDJPY breaks the resistance of 152.000, the upside target will be 152.8000. • A rebound from the resistance will bring the price back to the lower boundary of the 151.200 channel. FBS tips and analytics do not constitute a call to trade, trading advice or recommendation and are for information only. [Enhance your strategy]( [fbs]( Look For More Insights in Our Telegram In our Telegram channel (which is in English), you will find the most up-to-date trading ideas. More importantly, you will connect with a community of like-minded traders. Last week, 14 out of 19 ideas from FBS analysts were accurate! [XAUUSD idea]( could’ve brought 3600 points. [BTCUSD idea]( could’ve brought 200 000 points. [Join trading community]( [FBS]( FBS & SUKA Society Charity Initiatives FBS has shown compassion by supporting needy families in Malaysia during Ramadan. Partnering with SUKA Society and Dignity for Children Foundation, we provided aid to 900 Malaysians with grocery packages and hot meals. To discover more about FBS’s philanthropic endeavor, read the full article at the link below. [Learn more]( Do you like our Weekly Digest? [YES]( [NO]( [Help Center](  |  [Log in]( You received this email because you registered at [fbs.com](. If you have any questions, please contact us via email at support@fbs.com [google_play]( [apple_stor]( Risk warning: Before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience. [instagram]( [facebook]( [twitter]( [telegram]( [youtube]( [Web Version](  |  [About FBS](  |  [Unsubscribe]( Trusted by traders