AUDJPY with lower spreads

And valuable insights for the week                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         [FBS]( [Update & Win]( [Log in]( [FBS]( Instrument of the Week Each week, we’re featuring a trading instrument with a reduced spread. This week’s star is... [FBS] AUDJPY with the spread lowered by 35%! [Take action]( Seize the moment and make the best of the enhanced conditions. [fbs] Top Gainers Last Week • United Airlines Holdings, Inc. (#UAL) +19.47% United Airlines’ stock surged 19.47% this week after surpassing first-quarter earnings forecasts, reporting $12.50 billion in revenue and an adjusted EPS of $0.15. This increase was fueled by robust passenger demand and positive future earnings guidance. • USDCHF +1.38% The USDCHF exchange rate rose by 1.38% following Fed Chair Powell’s remarks and U.S. retail sales report, which surpassed expectations at 0.7%, signaling robust economic activity. Also, Switzerland’s stable Producer Price Index (PPI) indicated modest inflationary pressures. [Trade USDCHF]( [fbs] Top Losers Last Week • Coinbase Global, Inc. (#COIN) -17.08% Coinbase stock dropped by 17.08% this week due to ongoing regulatory challenges with the U.S. Securities and Exchange Commission, as well as concerns over the company’s high valuation in a fluctuating cryptocurrency market. • EURUSD -1.82% The EURUSD exchange rate dropped by 1.82% following Federal Reserve Chair Jerome Powell’s comments and the decision to maintain steady interest rates, reflecting a bolstered U.S. economic outlook and persistent inflation worries. [Trade EURUSD]( [FBS]( [android] EURUSD On the H4 chart, EURUSD is currently experiencing a bearish trend. Following a significant decline, the price has shown a slight recovery and is now approaching the 23.6 Fibonacci retracement level. [FBS]( • If the price manages to break above the resistance at 1.0690, it is likely to reach 1.0740. • However, in case of a bounce from this resistance level, EURUSD could decline toward 1.0600. [android] US500  US500 has formed a descending channel pattern, and the price tests the upper boundary, creating two scenarios. [FBS]( • If the price breaks the upper trend line and resistance 5020, it may open the way to 5080. • Otherwise, a bounce off the trend line may decrease the price to 4950. [android] GBPJPY GBPJPY is currently in a long-term uptrend, yet it has formed an ascending triangle pattern. While the price tests the resistance area, indicators provide mixed signals. [FBS]( • A breakthrough above the resistance at 193.000 would likely pave the way for a rise towards 195.000. • A rebound from this resistance level could prompt GBPJPY to retreat towards the trend line, targeting the 191.000 support. 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! [US500 idea]( could’ve brought 9000 points. [XAUUSD idea]( could’ve brought 2000 points. [Join trading community]( [FBS]( How Much Can You Make on Forex? Discover the secrets of Forex success with real-life stories of turning small investments into staggering profits. Whether you’re a seasoned trader or just starting, this article promises to ignite your ambition and propel you to new heights. [Read full article]( 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