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Mon, Aug 12, 2024 01:25 PM

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Unlock your portion of fresh insights from FBS experts                              

Unlock your portion of fresh insights from FBS experts                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         [FBS]( [[fbsanalytics] Analytics]( [Log in]( [FBS]( Exciting Week Ahead For NZDUSD! [FBS] Do you trade NZDUSD, {NAME}? The upcoming event may have a significant impact on the currency pair. • Wednesday, August 14: New Zealand interest rate decision. Click the button below for a detailed analysis. [Get insights]( [fbs] Top Gainers Last Week • Lumen Technologies +62.05% Lumen Technologies’ stock price rose due to significant AI business gains and positive analyst upgrades, boosting trading volumes and investor interest. [Trade LUMN]( [FBS] • AUDCHF +1.82% The rise was driven by positive economic data from Australia, including a strong trade balance and robust commodity prices, alongside disappointing year-over-year retail sales in Switzerland. [Trade AUDCHF]( [FBS] [fbs] Top Losers Last Week • Snap Inc. -30.21% Snap Inc.’s stock price declined due to missed quarterly sales targets, exacerbated by slower digital advertising revenue influenced by the ongoing conflict in the Middle East. [Trade SNAP]( [FBS] • GBPAUD -1.41% The recent decline in the GBPAUD rate was driven by hawkish comments from the Reserve Bank of Australia’s Governor, which strengthened the Australian dollar amid ongoing inflation concerns that affect the British pound. [Trade GBPAUD]( [FBS] [FBS]( [android] XAUUSD XAUUSD, which is in a long-term bullish trend, has formed a rising wedge pattern, with the price rebounding off the lower trend line. Given the growing bullish sentiment, two possible scenarios should be considered. [FBS]( • If the bulls push the price above the 2480 trend line, we can expect a rise to 2565; • A rebound will bring XAUUSD back to the 2430 support. [android] US100 After a long-term bullish trend, US100 has started a correction, and the price is consolidating near the 61.8 Fibonacci level. [FBS]( • If the price overcomes the resistance of 18 500, it may again reach the level of 19 400; • A rebound from the resistance will drop the US100 to the support at 17 700. [android] EURUSD In the daily timeframe, EURUSD has formed an ascending channel pattern, with the price recently bouncing off the upper trend line. A divergence in the RSI suggests the potential for further decline. [FBS]( • A EURUSD sell position may be considered if the price falls below the support level at 1.0900, with a target of 1.0790. *FBS tips and analytics do not constitute a call to trade, trading advice or recommendation and are for information only. [Add to your portfolio]( [fbs]( Look For More Insights in Our Telegram You will find the most up-to-date trading ideas in our English-language Telegram channel. Moreover, you can connect with a community of like-minded traders here. Last week, 14 of 19 ideas shared by FBS analysts were accurate. [GBPUSD idea]( could’ve brought 900 points. [XAUUSD idea]( could’ve brought 2200 points. [Join the community]( [FBS]( FBS and Education Africa Unite to Support Students FBS and Education Africa are empowering students through impactful educational initiatives. Click the button below to learn more about the partnership and its benefits for children from underprivileged backgrounds. [Learn more]( Was this email useful? [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

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