USDCAD is in the spotlight this week!

Let’s plan your strategy together                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         [FBS]( [[fbsanalytics] Analytics]( [Log in]( [FBS]( Exciting Week Ahead For USDCAD! [FBS] Do you trade USDCAD, {NAME}? The upcoming events may have a significant impact on the currency pair. • On Wednesday, September 4: Canada Interest Rate Decision. • On Friday, September 6: The US Nonfarm Payrolls report. Click the button below for a detailed analysis. [Get insights]( [fbs] Top Gainers Last Week • BBY Best Buy Co., Inc. 16.83% Shares of electronics retailer Best Buy jumped over 16% on Friday after the company reported its second-quarter earnings. Revenue slightly exceeded expectations, while EPS outperformed by a wider margin. [Trade BBY]( [FBS] • NZDJPY +1.21% The recent ANZ Business Outlook survey for New Zealand, which reached its highest level in a decade, is boosting the NZD. Business confidence surged to 51.0 in August, while the expected activity measure rose to a seven-year high of 37.0. [Trade NZDUSD]( [FBS] [fbs] Top Losers Last Week • OKTA Okta, Inc. -18.12% Shares of Okta (OKTA) plummeted on Thursday afternoon despite the company surpassing expectations for both revenue and earnings in the second quarter. The drop came after the company issued disappointing forward guidance, raising concerns about future performance. [Trade OKTA]( [FBS] • EURNZD -1.55% The ECB may consider a gradual interest rate cut if inflation continues to drop. The release of lower-than-expected preliminary German CPI data for August may prompt ECB officials to seriously consider another rate cut. [Trade EURNZD]( [FBS] [FBS]( [android] US30 US30 hit an all-time high, encountering critical resistance at 41,300, aligned with the 138.2 Fibonacci ratio. The %R oscillator indicates strong oversold conditions, suggesting potential bearish sentiment. [FBS]( • If the US30 breaks above the resistance of 41300, it may open the path to 42000; • A rebound from the resistance is likely to trigger a decline to 40000. [android] USDCHF USDJPY rebounded from the critical 0.8400 support and faced the 0.8500 resistance. The RSI oscillator leaves the oversold zone, potentially signaling a bullish momentum for the asset. [FBS]( • If the bulls push the price above the resistance of 0.8500, the upside target will be 0.8730; • A rebound from the resistance may retreat the price back to 0.8400. [android] USDJPY USDJPY follows the global trendline and faces the 145.00 resistance after a rebound. The momentum oscillator crosses the 100-line from below, giving a bullish sentiment. [FBS]( • If the bears push the price below the trendline, the asset may fall to the 142.00 support; • If the bears push the price below the trendline, the asset may fall to the 142.00 support; *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, 12 out of 16 ideas shared by FBS analysts were accurate. [XAGUSD idea]( could’ve brought 500 points. [EURUSD idea]( could’ve brought 600 points. [Join the community]( [FBS]( The World’s Top 10 Strongest Currencies vs. the US Dollar In today’s article, we explore the world’s highest-valued currencies, including those that surpass the US dollar. Discover what makes these currencies so strong and how they shape global markets. [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